Assante Asset Management Ltd. reported much higher November net sales today.

Assante had net sales of $103.4 million in Canada for November 2001, compared to $25.7 million in the month last year. Yesterday, IFIC reported estimates of higher year-over-year fund sales, led by the bank-owned firms.

Assante’s year-to-date net sales for 2001 now total $663.6 million compared to $192.5 million for the same period last year.

As a percentage of the company’s monthly average Canadian assets under management, November net sales were 2.2%. Its Canadian assets under management were $4.7 billion at November 30.