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IFIC Releases Monthly Statistics for October 2014
Sources News Release

http://www.sources.com/Releases/NR2284.htm

Publisher:  The Investment Funds Institute of Canada (IFIC)
Date Written:  18/11/2014
Year Published:  2014  
Resource Type:  Article

Toronto, ON – November 18, 2014 – The Investment Funds Institute of Canada (IFIC) announces that for the month ending October 31, 2014, the assets under management (AUM) for the mutual funds industry remained steady at $1.12 trillion. Year-to-dat

Abstract:  Toronto, ON – November 18, 2014 – The Investment Funds Institute of Canada (IFIC) announces that for the month ending October 31, 2014, the assets under management (AUM) for the mutual funds industry remained steady at $1.12 trillion. Year-to-date, industry AUM increased by $123 billion or 12.3%.

Net sales for the mutual funds industry totalled $2.55 billion. Net sales of long-term funds were $2.62 billion and net redemptions of money market funds were $71.1 million.

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