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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... To read the full release go to http://www.sources.com/Releases/NR2774.htm
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