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IFIC Releases Monthly Statistics for July 2017
Sources News Release
http://www.sources.com/Releases/NR2891.htm
Publisher: The Investment Funds Institute of Canada (IFIC)
Date Written: 22/08/2017
Year Published: 2017
Resource Type: Article
Toronto, ON - August 22, 2017 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending July 31, 2017, the assets under management (AUM) for the mutual funds industry totalled $1.4 trillion. AUM decreased by $12.3 bill
Abstract: Toronto, ON - August 22, 2017 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending July 31, 2017, the assets under management (AUM) for the mutual funds industry totalled $1.4 trillion. AUM decreased by $12.3 billion or 0.9% compared to June 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 $3.9 billion. Net sales of long-term funds were $3.7 billion and net sales of mo...
To read the full release go to http://www.sources.com/Releases/NR2891.htm
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