Fund sales rise in August while ETF sales surge, IFIC says
Loss of third-party fund distribution seen as "unintended consequence" in 2018
The organization also released a year in review summary that highlighted key themes
Eric Hallé will chair the board of governors
Net sales of mutual funds outpaced ETF sales, but both dipped compared with June
Mutual fund sales rise in June, outpace ETFs, IFIC reports
Naming standards and minimum requirements are needed for disclosure to help advisors, the fund group said
According to IFIC, mutual funds had net sales of $8.4 billion, while ETFs had $7.6 billion
Improving the CSA makes more sense than trying to create another national regulator
ETF net sales increased to $5.5 billion, up from $4.7 billion in March