Advisors must be able to clearly define their value proposition
Demand is growing particularly fast among younger investors
The debate over Canadian mutual fund costs often fails to account for the value of advice
Outflow from money market funds dampens overall sales
Scotia Asset Management led the monthly sales charts
Outflow from money market funds slows
The importance of preserving a healthy advice industry should not be overlooked
AUM up $14.4 billion for the month
Investor interest in long-term funds markedly higher than May
Slowdown in gross sales leave long-term funds with negative net sales