IFIC Monthly Investment Fund Statistics – March 2019
Mutual Fund and Exchange-Traded Fund Assets and Sales
April 18, 2019 (Toronto) – The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for March 2019.
Mutual fund assets totalled $1.53 trillion at the end of March 2019. Assets increased by $27.1 billion or 1.8% compared to February 2019. Mutual funds recorded net sales of $1.8 billion in March 2019.
ETF assets totalled $172.8 billion at the end of March 2019. Assets increased by $3.8 billion or 2.2% compared to February 2019. ETFs recorded net sales of $1.8 billion in March 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. By connecting Canada’s savers to Canada’s economy, our industry contributes significantly to Canadian economic growth and job creation.
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