CI Financial Income Fund reported today that it had assets under management of $63.7 billion and total fee-earning assets of $82.9 billion at January 31, 2007, the fourth consecutive month of record asset levels for the company. During January, CI posted gross sales of $1 billion and net sales of $195 million.“Gross sales of over […]
December fund sales the strongest in a decade
Canadian equity funds see redemptions deepen in 2006
New reports will enable IFIC members and ivestors to better track trends and behaviour
December net sales estimated to reach $3.3 billion
Mutual funds recorded almost $2.6 billion in net sales for November, according to the latest statistics from the Investment Funds Institute of Canada.IFIC reported that November net sales were $2.58 billion, up from $2.07 billion in the same month last year, and up from $1.7 billion in October.Long-term fund net sales were also up strongly […]
AIM Trimark reports net redemptions
CI Investments named Analysts’ Choice Fund Company of the Year
CI no longer providing statistics to IFIC
Mutual fund sales for October are estimated to be between $1.4 billion and $1.9 billion, according to the Investment Funds Institute of Canada.IFIC added that the bulk of that money is in long-term funds. “October also marked a return by investors to long-term mutual funds,” said Pat Dunwoody, IFIC’s vice president, member services and communications. […]