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IFIC Releases Monthly Statistics for June 2014
Sources News Release

http://www.sources.com/Releases/NR2158.htm

Publisher:  The Investment Funds Institute of Canada (IFIC)
Date Written:  17/07/2014
Year Published:  2014  
Resource Type:  Article

The Investment Funds Institute of Canada (IFIC) announces that for the month ending June 30, 2014, the assets under management (AUM) for the mutual funds industry reached $1.1 trillion. Year-to-date, industry AUM increased by $100.3 billion or 10.0%

Abstract:  Toronto, ON – July 17, 2014 – The Investment Funds Institute of Canada (IFIC) announces that for the month ending June 30, 2014, the assets under management (AUM) for the mutual funds industry reached $1.1 trillion. Year-to-date, industry AUM increased by $100.3 billion or 10.0%.

Net sales for the mutual funds industry totalled $5.09 billion. Net sales of long-term funds were $5.46 billion and net redemptions of money market funds were $371.8 million.

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