IFIC Monthly Investment Fund Statistics – October 2022
Mutual Fund and Exchange-Traded Fund Assets and Sales
November 22, 2022 (Toronto) – The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for October 2022.
Mutual fund assets totalled $1.796 trillion at the end of October 2022. Assets increased by $40.4 billion or 2.3% compared to September 2022. Mutual funds recorded net redemptions of $8.0 billion in October 2022.
ETF assets totalled $300.5 billion at the end of October 2022. Assets increased by $12.9 billion or 4.5% compared to September 2022. ETFs recorded net sales of $3.4 billion in October 2022.
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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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