January mutual fund sales are estimated to be between $1.2 billion to $1.7 billion, according to the Investment Funds Institute of Canada.IFIC reported the estimate based on a sample of preliminary data from some of its members. That sample shows that sales remain very concentrated. RBC Asset Management Inc. is responsible for about half the […]
Balanced and dividend funds drove growth in 2005
Industry assets up 2.5% in December
Year-to-date sales reach $21.7 billion for fund industry
IFIC estimates net sales at $2.3 billion
De Laurentiis to replace Hockin
Income trust funds hit with redemptions
Highest October sales since 2001
$18.4 billion nine-month sales figure highest since 2001
Net sales estimated to be $1.8 billion