Investors show preference for dividend, balance funds
CI, RBC, TD lead the way
Month's best sales since 2000: IFIC
Assets rise 3%
Fifth straight month of asset increases
Long-term funds drive asset growth
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