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Media Release - IFIC Releases Monthly Statistics for December 2017
Sources News Release
http://www.sources.com/Releases/NR2934.htm
Publisher: The Investment Funds Institute of Canada (IFIC)
Date Written: 19/01/2018
Year Published: 2018
Resource Type: Article
Toronto, ON - January 19, 2018 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending December 31, 2017, the assets under management (AUM) for the mutual funds industry totalled $1.48 trillion. AUM decreased by $6.7
Abstract: Toronto, ON - January 19, 2018 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending December 31, 2017, the assets under management (AUM) for the mutual funds industry totalled $1.48 trillion. AUM decreased by $6.7 billion or 0.5% compared to November 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 $1.4 billion. Net sales of long-term funds were $1.1 billion and net sa...
To read the full release go to http://www.sources.com/Releases/NR2934.htm
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