CI Financial Income Fund today reported net sales of $513 million in February 2008.
Volatile markets drive investors to money market funds
Industry assets take hit market turmoil
The Investment Funds Institute of Canada reports that conservative investment funds that invest in other funds were much more popular with Canadian investors than stand-alone funds last year.Fund-of-funds sales outnumbered sales in stand-alone funds by about 12 to one on a per fund basis, IFIC reported in its annual review of the mutual fund industry. […]
Total industry net sales reach $34.9 billion
Money market sales show strength
RBC logs more than $1 billion in short-term fund sales during the month
Investors flock to money market funds: IFIC
RBC, Dynamic lead fund sales
The mutual fund industry returned to positive net sales in September, with just under $1 billion in net new sales during the month.The Investment Funds Institute of Canada reported that the industry was back in positive net sales territory in September at $994 million in total sales overall, including $666 million into long-term funds. Mutual […]