Investor protection, not necessarily a protection fund, says Vince
Banks continue to lead the way in net sales
Fragasso's resignation comes in the wake of AMF investigation of Norbourg
Net sales of long term funds are ahead of last year’s pace
Net sales reach $1.8 billion
Investors cautioned from making rash revisions
Best May for long-term funds since 1998, IFIC says
May sales could reach $1.1 billion
Probably between $400 million and $800 million, IFIC says