IFIC Monthly Investment Fund Statistics – December 2019
Mutual Fund and Exchange-Traded Fund Assets and Sales
January 21, 2020 (Toronto) – The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for December 2019.
Mutual fund assets totalled $1.63 trillion at the end of December 2019. Assets increased by $3.6 billion or 0.2% compared to November 2019. Mutual funds recorded net sales of $2.9 billion in December 2019.
ETF assets totalled $205.1 billion at the end of December 2019. Assets increased by $5.0 billion or 2.5% compared to November 2019. ETFs recorded net sales of $4.6 billion in December 2019.
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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.
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