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IFIC Updates Monthly Statistics for February 2017
Sources News Release
http://www.sources.com/Releases/NR2836.htm
Publisher: The Investment Funds Institute of Canada (IFIC)
Date Written: 29/03/2017
Year Published: 2017
Resource Type: Article
Toronto, ON - March 29, 2017 - The Investment Funds Institute of Canada (IFIC) released updated sales data for the month ending February 28, 2017. The assets under management (AUM) for the mutual funds industry reached $1.38 trillion. Year-to-date
Abstract: Toronto, ON - March 29, 2017 - The Investment Funds Institute of Canada (IFIC) released updated sales data for the month ending February 28, 2017. The assets under management (AUM) for the mutual funds industry reached $1.38 trillion. Year-to-date, industry AUM increased by $37.6 billion or 2.8%.
Net sales for the mutual funds industry were $9.16 billion. Net sales of long-term funds were $9.25 billion and net redemptions of money market funds were $89.9 million.
For more information o...
To read the full release go to http://www.sources.com/Releases/NR2836.htm
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