Investors focus on short-term funds
Sales split between short and long-term funds
Institute says new plan will not trigger clawbacks on OAS
The Investment Funds Institute of Canada (IFIC) is reminding investors that mutual funds can go a long way to protecting them during turbulent periods.“Mutual fund investors are usually in good shape during market fluctuations because of diversification, the advantage of dollar cost averaging and professional portfolio management,” says Joanne De Laurentiis, president and CEO of […]
Volatile markets drive investors to money market funds
New requirements take effect June 23
Industry assets take hit market turmoil
Association calls for improved policy coordination on resolution of consumer disputes
The Investment Funds Institute of Canada reports that conservative investment funds that invest in other funds were much more popular with Canadian investors than stand-alone funds last year.Fund-of-funds sales outnumbered sales in stand-alone funds by about 12 to one on a per fund basis, IFIC reported in its annual review of the mutual fund industry. […]
Total industry net sales reach $34.9 billion