Media Release – IFIC Releases Monthly Statistics for October 2017
Sources News Release
http://www.sources.com/Releases/NR2922.htm
Publisher: The Investment Funds Institute of Canada (IFIC)
Date Written: 21/11/2017
Year Published: 2017
Resource Type: Article
Toronto, ON - November 21, 2017 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending October 31, 2017, the assets under management (AUM) for the mutual funds industry reached $1.47 trillion. AUM increased by $40.7
Abstract: Toronto, ON - November 21, 2017 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending October 31, 2017, the assets under management (AUM) for the mutual funds industry reached $1.47 trillion. AUM increased by $40.7 billion or 2.9% compared to September 2017.
Net sales for the mutual funds industry were $2.4 billion. Net sales of long-term funds were $2.7 billion and net redemptions of money market funds were $272 million.
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