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IFIC Releases Monthly Statistics for July 2014
Sources News Release
http://www.sources.com/Releases/NR2199.htm
Publisher: The Investment Funds Institute of Canada (IFIC)
Date Written: 19/08/2014
Year Published: 2014
Resource Type: Article
The Investment Funds Institute of Canada (IFIC) announces that for the month ending July 31, 2014, the assets under management (AUM) for the mutual funds industry reached $1.11 trillion. Year-to-date, industry AUM increased by $109.0 billion or 10.9%
Abstract: Toronto, ON – The Investment Funds Institute of Canada (IFIC) announces that for the month ending July 31, 2014, the assets under management (AUM) for the mutual funds industry reached $1.11 trillion. Year-to-date, industry AUM increased by $109.0 billion or 10.9%.
Net sales for the mutual funds industry totalled $4.56 billion. Net sales of long-term funds were $4.77 billion and net redemptions of money market funds were $211.0 million.
For more information on these results, visit IFIC...
To read the full release go to http://www.sources.com/Releases/NR2199.htm
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