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IFIC Updates Monthly Statistics for March 2017
Sources News Release
http://www.sources.com/Releases/NR2844.htm
Publisher: The Investment Funds Institute of Canada (IFIC)
Date Written: 21/04/2017
Year Published: 2017
Resource Type: Article
Toronto, ON - April 21, 2017 - The Investment Funds Institute of Canada (IFIC) released updated sales data for the month ending March 31, 2017. The assets under management (AUM) for the mutual funds industry reached $1.39 trillion. Year-to-date
Abstract: Toronto, ON - April 21, 2017 - The Investment Funds Institute of Canada (IFIC) released updated sales data for the month ending March 31, 2017. The assets under management (AUM) for the mutual funds industry reached $1.39 trillion. Year-to-date, industry AUM increased by $53.0 billion or 4.0%.
Net sales for the mutual funds industry were $5.76 billion. Net sales of long-term funds were $5.29 billion and net sales of money market funds were $472.0 million.
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To read the full release go to http://www.sources.com/Releases/NR2844.htm
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