Mavrix Fund Management Inc. announced assets under management and administration (AUM+A) grew in May to $732.3 million, an increase of 1.50%.
Mavrix says AUM+A is ahead 9.12% on year-to-date basis, and up 53.31% from this time last year.
Net sales for May were $3.3 million on gross sales of $8.6 million.
“Activity picked up compared to April,” says Raymond Steele, Mavrix COO and CFO. “We are encouraged by the results.”
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