Media Release - IFIC Releases Monthly Statistics for June 2017
Sources News Release
http://www.sources.com/Releases/NR2885.htm
Publisher: The Investment Funds Institute of Canada (IFIC)
Date Written: 26/07/2017
Year Published: 2017
Resource Type: Article
The Investment Funds Institute of Canada (IFIC) announces that for the month ending June 30, 2017, the assets under management (AUM) for the mutual funds industry totalled $1.41 trillion. AUM decreased by $13.6 billion
Abstract: Toronto, ON - July 26, 2017 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending June 30, 2017, the assets under management (AUM) for the mutual funds industry totalled $1.41 trillion. AUM decreased by $13.6 billion or 0.95% compared to May 2017. The decrease in AUM compared to the previous month is a result of declines in the markets.
Net sales for the mutual funds industry were $5.1 billion. Net sales of long-term funds were $5.3 billion and net redemptions ...
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