2018 Investment Funds Report provides comprehensive data about mutual fund and ETF assets and sales activity
Long-term funds ended the year in the red with negative net sales of $2.5 billion for the full year
Regulators need to introduce systemic changes that will control the growth of regulation, improve regulatory efficiency and reduce the regulatory burden
Despite redemptions, industry assets rose by $15.5 billion
PMAC wants CSA to leave pooled funds out of client-focused reforms
Long-term funds recorded net redemptions of $4 billion
Year-to-date sales well below 2017
IFIC’s recent Canadian Mutual Fund Investor Survey found that investors are very satisfied with their advisors and prefer to pay their fees indirectly
The percentage of clients who are aware of the changes requiring more cost and performance disclosure in their mutual fund statements rose greatly year-over-year
Bond and equity funds posted net redemptions even as industry assets continued to rise