(January 9 – 16:00 ET) -Investors Group Inc. reports that fund sales reached $440 million and redemptions totalled $435.4 million during December 2000.
For the year ended December 31, mutual fund sales were $7.05 billion while redemptions totalled $6.08 billion.
Mutual fund assets under management were $44.5 billion at December 31, an increase of $1.25 billion or 2.9% in the month. Mutual fund assets increased by $3.85 billion or 9.5% for the year ended December 31.
-IE Staff
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