Assante Asset Management Ltd. is reporting net sales in Canada of $130.1 million for May 2002 compared to net sales of $56.5 million in the corresponding period last year.

Year-to-date net sales for 2002 now total $616.1 million compared to $269.7 million for the same period last year.

As a percentage of the company’s monthly average Canadian assets under management, May net sales were 2.3%. The company’s Canadian assets under management were $5.6 billion at May 31, 2002.