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IFIC Releases Monthly Statistics for October 2016
Sources News Release
http://www.sources.com/Releases/NR2789.htm
Publisher: The Investment Funds Institute of Canada (IFIC)
Date Written: 18/11/2016
Year Published: 2016
Resource Type: Article
The Investment Funds Institute of Canada (IFIC) announces that for the month ending October 31, 2016, the assets under management (AUM) for the mutual funds industry totalled $1.32 trillion.
Abstract: Toronto, ON - November 18, 2016 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending October 31, 2016, the assets under management (AUM) for the mutual funds industry totalled $1.32 trillion. Year-to-date, industry AUM increased by $87.2 billion or 7.2%.
Net sales for the mutual funds industry were $1.99 billion. Net sales of long-term funds were $1.90 billion and net sales of money market funds were $90.9 million.
For more information on these results, fol...
To read the full release go to http://www.sources.com/Releases/NR2789.htm
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