Media Release - IFIC Releases Monthly Statistics for August 2016
Sources News Release
http://www.sources.com/Releases/NR2774.htm
Publisher: The Investment Funds Institute of Canada (IFIC)
Date Written: 19/09/2016
Year Published: 2016
Resource Type: Article
Toronto, ON – September 19, 2016 – The Investment Funds Institute of Canada (IFIC) announces that for the month ending August 31, 2016, assets under management (AUM) for the mutual funds industry reached $1.31 trillion. Year-to-date, industry AUM
Abstract: Toronto, ON – September 19, 2016 – The Investment Funds Institute of Canada (IFIC) announces that for the month ending August 31, 2016, assets under management (AUM) for the mutual funds industry reached $1.31 trillion. Year-to-date, industry AUM increased by $81.6 billion or 6.6%.
Net sales totalled $2.70 billion in August 2016. Net sales of long-term funds were $2.70 billion and net redemptions of money market funds were $4.6 million.
For more information on these results, follow th...
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