The Investment Funds Institute of Canada reported June net sales totalled just $297 million, not including $1 billion in re-invested distributions.That’s down sharply from $1.8 billion a year ago as financial markets slackened.Canadian income balanced funds led the way with $333 million in sales, followed by Canadian bond funds at $313 million and international equity […]
Shaky markets trim fund industry assets
Heavy redemptions reported for Canadian equity funds
Falling markets trim industry assets
IFIC report adopts CIFSC categories
Foreign equity sales heat up
CI, RBC and TD led in net sales
Balanced funds lead February sales
RBC sales top $1 billion mark
Canadian mutual fund operators got the new year off to a solid start with net sales of almost $1.6 billion in January, nearly 2 1/2 times the year-ago total.The Investment Funds Institute of Canada said today that net sales excluding reinvested distributions were $1.59 billion, up from $660.7 million in January 2005.“Interestingly, January foreign equity […]