Sources Directory     A to Z Index     Topic Index RSS Sources Select News RSS Feed     Sources Calendar      
Find Experts & Sources

Media Resources

Subject Index Releases List Event Calendar Submit a news release or Calendar event Include yourself in SOURCES
 FAQ
 Membership Form Be an Affiliate Powerful Tools Tell your story Media Directory
 Media Releases
 Sources Bookshelf
 Sources Newsstand
 Subscriptions Connexions Radical Digressions Sources HotLink Sources Select Resources Twitter Download PDFs Contact

RSS

Media Releases from members of Sources.
To submit a news release, use this form.


IFIC Releases Monthly Statistics for January 2016

February 19, 2016

IFIC Releases Monthly Statistics for January 2016

Toronto, ON – February 19, 2016 – The Investment Funds Institute of Canada (IFIC) announces that for the month ending January 31, 2016, the assets under management (AUM) for the mutual funds industry totalled $1.21 trillion. Almost all (99.6%) of the decrease in AUM compared to the previous month is a result of the decline in the markets.

Net redemptions for the mutual funds industry totalled $80 million. Net redemptions of long-term funds were $533 million and net sales of money market funds were $453 million.

For more information on these results, follow this link: https://www.ific.ca/wp-content/uploads/2016/02/2016-01-IFIC-Industry-Overview.pdf/12947/

Data for this report is compiled from IFIC and other sources to comprehensively reflect the size and activity of the Canadian retail mutual funds industry. Aggregate totals are provided by Investor Economics.

About IFIC

The Investment Funds Institute of Canada is the voice of Canada’s investment funds industry. IFIC brings together 150 organizations, including fund managers, distributors and industry service organizations, to foster a strong, stable investment sector where investors can realize their financial goals. By connecting Canada’s savers to Canada’s economy, our industry contributes significantly to Canadian economic growth and job creation. The organization is proud to have served Canada's mutual funds industry and its investors for more than 50 years.

– 30 –

For more information:
Sara Clodman, Senior Manager, Public Affairs: sclodman@ific.ca 416-309-2317


For more information contact:
Sara Clodman
Senior Manager, Public Affairs
The Investment Funds Institute of Canada (IFIC)
Phone: 416-309-2317
Email: sclodman@ific.ca
Website: www.ific.ca

Click here to view our Sources Listing:

The Investment Funds Institute of Canada (IFIC)


Topics:


  • To submit a news release, use this form
  • Use the News Releases Topic Index for releases by topic
  • Use the Sources Subject Index for experts and spokespersons

    • Sources home page