Amid market weakness, fund sales and assets decline, but ETFs defy gravity
Consultation on improving, harmonizing fund disclosure remains open until July 27
Mutual funds saw net redemptions in April while ETF sales stayed positive, IFIC reported
Say hello to copper and metaverse funds, while innovation funds launched last year are closing
'Megatrend' and U.S. taxpayer funds are among the recent releases
It was also another big quarter for product launches, a Morningstar report said
Mutual fund sales weak, but assets, ETF sales stay solid, IFIC reports
The Canadian Investment Funds Standards Committee has released a draft identification framework for ESG funds that will be operational before the end of 2022
ETF assets were flat and mutual fund assets fell, according to IFIC's monthly report
Temporary relief aims to help firms implement new rules on June 1