At $20.8B, ETFs also set a new monthly net sales record: SIMA
Plus, firms announce fund fee reductions, sub-advisor changes and more
The transaction will see CI GAM’s AUM increase to roughly $170 billion
$125B in inflows far surpassed previous high of $76B in 2024
Report analyzes draws, downsides of the dual-share class structure
The move comes ahead of the implementation of CRM3 or total cost reporting
Morningstar study analyzed more than 57,000 new funds worldwide in eight-year period
Plus, new offerings from Empire Life, Purpose, BMO, Ninepoint; multiple fund changes announced
Plus, multiple other firms launch funds, announce fund changes
Also, the highest single-day and weekly trading volumes in Canadian ETF history were recorded in the month