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IFIC Releases Monthly Statistics for November 2016
Sources News Release
http://www.sources.com/Releases/NR2804.htm
Publisher: The Investment Funds Institute of Canada (IFIC)
Date Written: 22/12/2016
Year Published: 2016
Resource Type: Article
Toronto, ON - December 22, 2016 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending November 30, 2016, the assets under management (AUM) for the mutual funds industry totalled $1.33 trillion. Year-to-date, indust
Abstract: Toronto, ON - December 22, 2016 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending November 30, 2016, the assets under management (AUM) for the mutual funds industry totalled $1.33 trillion. Year-to-date, industry AUM increased by $94.5 billion or 7.7%.
Net sales for the mutual funds industry were $2.24 billion. Net sales of long-term funds were $2.28 billion and net redemptions of money market funds were $32.6 million.
For more information on these r...
To read the full release go to http://www.sources.com/Releases/NR2804.htm
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