2004 fund sales total $14.7 billion
Investors pour $1 billion into long-term funds
Mutual funds likely generated about $250 million in November net sales, according to preliminary numbers from the Investment Funds Institute of Canada.IFIC reported today that, based on a sample of preliminary data from some of its members, net new sales for the month of November are estimated to be between $50 million to $450 million. […]
Money market funds continue to see outflows
Will work with Ontario government in implementing SCFEA recommendations
Almost $900 million in redemptions from money market funds
Redemptions estimated at $350 million
Wage growth needed to fuel consumer spending
Marketing timing allegations, weak markets fluster industry
Focus on market timing eroding trust