IFIC Monthly Investment Fund Statistics – August 2021
Mutual Fund and Exchange-Traded Fund Assets and Sales
September 21, 2021 (Toronto) – The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for August 2021.
Mutual fund assets totalled $2.028 trillion at the end of August 2021. Assets increased by $45.7 billion or 2.3% compared to July 2021. Mutual funds recorded net sales of $9.8 billion in August 2021.
ETF assets totalled $324.7 billion at the end of August 2021. Assets increased by $11.2 billion or 3.6% compared to July 2021. ETFs recorded net sales of $5.0 billion in August 2021.
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The Investment Funds Institute of Canada is the voice of Canada’s investment funds industry. IFIC brings together 150 organizations, including fund managers, distributors and industry service organizations, to foster a strong, stable investment sector where investors can realize their financial goals. By connecting Canada’s savers to Canada’s economy, our industry contributes significantly to Canadian economic growth and job creation.
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