IFIC estimates net redemptions fall between $1.3 billion and $1.8 billion
Mutual fund net sales came in just shy of $3 billion for July, the largest total for the month of July since 1997, according to the latest sales data from the Investment Funds Institute of Canada.Of the total, $2.6 billion went into long-term mutual funds, up from the $660 million in net salesfor the same […]
Market volatility curbs industry assets
Net sales total $257 million
Market volatility curbs fund assets
Robust capital markets boost assets under management
RBC leads sales of long-term funds
Money flows to balanced and international equity funds
TD edges out RBC for sales lead
Purchase of Rockwater plays role in increase