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Media Release - IFIC Releases Monthly Statistics for May 2017
Sources News Release
http://www.sources.com/Releases/NR2868.htm
Publisher: The Investment Funds Institute of Canada (IFIC)
Date Written: 21/06/2017
Year Published: 2017
Resource Type: Article
Toronto, ON - June 21, 2017 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending May 31, 2017, the assets under management (AUM) for the mutual funds industry reached $1.43 trillion. Year-to-date, industry AUM inc
Abstract: Toronto, ON - June 21, 2017 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending May 31, 2017, the assets under management (AUM) for the mutual funds industry reached $1.43 trillion. Year-to-date, industry AUM increased by $89.4 billion or 6.7%.
Net sales for the mutual funds industry were $4.3 billion. Net sales of long-term funds were $4.5 billion and net redemptions of money market funds were $217.5 million.
For more information on these results, (http:/...
To read the full release go to http://www.sources.com/Releases/NR2868.htm
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