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IFIC Releases Monthly Statistics for December 2016
Sources News Release

http://www.sources.com/Releases/NR2811.htm

Publisher:  The Investment Funds Institute of Canada (IFIC)
Date Written:  19/01/2017
Year Published:  2017  
Resource Type:  Article

Toronto, ON - January 19, 2017 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending December 31, 2016, the assets under management (AUM) for the mutual funds industry reached $1.34 trillion. Year-to-date, industry

Abstract:  Toronto, ON - January 19, 2017 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending December 31, 2016, the assets under management (AUM) for the mutual funds industry reached $1.34 trillion. Year-to-date, industry AUM increased by $107.7 billion or 8.7%.

Net sales for the mutual funds industry were $1.81 billion. Net sales of long-term funds were $1.67 billion and net sales of money market funds were $139.9 million.

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