RBC, Dynamic lead net sales for the month
December fund sales the strongest in a decade
Canadian equity funds see redemptions deepen in 2006
New reports will enable IFIC members and ivestors to better track trends and behaviour
December net sales estimated to reach $3.3 billion
Mutual funds recorded almost $2.6 billion in net sales for November, according to the latest statistics from the Investment Funds Institute of Canada.IFIC reported that November net sales were $2.58 billion, up from $2.07 billion in the same month last year, and up from $1.7 billion in October.Long-term fund net sales were also up strongly […]
AIM Trimark reports net redemptions
CI no longer providing statistics to IFIC
Mutual fund sales for October are estimated to be between $1.4 billion and $1.9 billion, according to the Investment Funds Institute of Canada.IFIC added that the bulk of that money is in long-term funds. “October also marked a return by investors to long-term mutual funds,” said Pat Dunwoody, IFIC’s vice president, member services and communications. […]
Calls on government to implement tax pre-paid savings plans