Mutual fund redemptions totalled $2.8 billion
No asset classes recorded net redemptions for the month
The CSA has stepped up to take the OSC's place as the standard bearer for regulatory progress
Both mutual fund and ETF AUM increased last month
Despite redemptions, industry assets rose by $15.5 billion
Long-term funds recorded net redemptions of $4 billion
Mutual funds sales slump reflects investors’ risk-averse mentality
Year-to-date sales well below 2017
Bond and equity funds posted net redemptions even as industry assets continued to rise
The industry recorded net sales of $772 million, reversing June’s net redemptions of $466 million