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Media Release - IFIC Releases Monthly Statistics for June 2016
Sources News Release
http://www.sources.com/Releases/NR2758.htm
Publisher: The Investment Funds Institute of Canada (IFIC)
Date Written: 25/07/2016
Year Published: 2016
Resource Type: Article
Toronto, ON - The Investment Funds Institute of Canada (IFIC) announces that for the month ending June 30, 2016, assets under management (AUM) for the mutual funds industry totalled $1.27 trillion. AUM decreased by $2 billion
Abstract: Toronto, ON - July 25, 2016 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending June 30, 2016, assets under management (AUM) for the mutual funds industry totalled $1.27 trillion. AUM decreased by $2 billion or 0.17% compared to May 2016.
Net sales totalled $1.5 billion in June 2016. Net sales of long-term funds were $1.8 billion and net redemptions of money market funds were $301 million.
For more information on these results, follow this link (https://ww...
To read the full release go to http://www.sources.com/Releases/NR2758.htm
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