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
Mutual fund net sales totalled $15.2 billion in 2024, the first year of positive net sales since 2021
More than 180 new ETFs have made their trading debut on Canadian exchanges so far in 2024
Mutual fund sales turn positive, ETF assets hit record heights
In challenging markets, mass retail firms face greater pressure on fund flows