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 […]
September sales in line with last year
Strong asset growth as markets recover
IFIC estimates net redemptions fall between $1.3 billion and $1.8 billion
Mutual fund net sales came in just shy of $3 billion for July, the largest total for the month of July since 1997, according to the latest sales data from the Investment Funds Institute of Canada.Of the total, $2.6 billion went into long-term mutual funds, up from the $660 million in net salesfor the same […]
Market volatility curbs industry assets
Net sales total $257 million
Market volatility curbs fund assets
Robust capital markets boost assets under management
RBC leads sales of long-term funds