IFIC Releases Monthly Statistics for February 2016
Sources News Release
http://www.sources.com/Releases/NR2704.htm
Publisher: The Investment Funds Institute of Canada (IFIC)
Date Written: 18/03/2016
Year Published: 2016
Resource Type: Article
Toronto ON - March 18, 2016 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending February 29, 2016, assets under management (AUM) for the mutual funds industry totalled $1.20 trillion. AUM decreased by $11 billion
Abstract: Toronto, ON - March 18, 2016 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending February 29, 2016, assets under management (AUM) for the mutual funds industry totalled $1.20 trillion. AUM decreased by $11 billion or 0.92% compared to January 2016. The decrease in AUM compared to the previous month is a result of the decline in the markets.
Net sales totalled $6.6 billion in February 2016. Net sales of long-term funds were $6.6 billion and net redemptions of ...
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