Assets slip at independent firms
Sixth consecutive month of positive sales
Look for better balance among fund categories: CMFA
Majority of sales go to long-term funds
Bank funds see biggest gains
December net sales estimated at $900 million
Highest sales this year: IFIC
Sixth-straight month of positive sales
The Investment Funds Institute of Canada estimates that its member firms racked up $500 million in net sales during October.IFIC reported that, based on a sample of preliminary data, net sales for October are estimated to be between $300 million to $700 million. “Net sales for the month of October are expected to be approximately […]
Investors bail out of money market funds