TORONTO, July 21, 2021 (GLOBE NEWSWIRE) — The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for June 2021.
Mutual fund assets totalled $1.950 trillion at the end of June 2021. Assets increased by $53.3 billion or 2.8% compared to May 2021. Mutual funds recorded net sales of $12.6 billion in June 2021.
ETF assets totalled $306.8 billion at the end of June 2021. Assets increased by $9.4 billion or 3.2% compared to May 2021. ETFs recorded net sales of $5.0 billion in June 2021.
Mutual Fund Net Sales/Net Redemptions ($ Millions)*
Asset Class
Jun. 2021
May 2021
Jun. 2020
YTD 2021
YTD 2020
Long-term Funds
Balanced
8,053
4,243
550
39,575
(6,652
)
Equity
3,796
3,266
245
25,925
1,918
Bond
1,112
1,093
3,054
9,330
4,692
Specialty
565
345
462
3,099
2,898
Total Long-term Funds
13,526
8,948
4,311
77,929
2,856
Total Money Market Funds
(942
)
(561
)
(429
)
(6,002
)
4,965
Total
12,584
8,386
3,882
71,927
7,821
Mutual Fund Net Assets ($ Billions)*
Asset Class
Jun. 2021
May 2021
Jun. 2020
Dec. 2020
Long-term Funds
Balanced
959.1
933.4
798.6
874.4
Equity
686.9
662.1
507.9
593.4
Bond
257.2
254.3
227.4
246.4
Specialty
18.7
18.0
29.0
35.0
Total Long-term Funds
1,921.9
1,867.8
1,562.9
1,749.3
Total Money Market Funds
27.8
28.5
37.0
34.4
Total
1,949.7
1,896.3
1,599.8
1,783.7
* Please see below for important information regarding this data.
ETF Net Sales/Net Redemptions ($ Millions)*
Asset Class
Jun. 2021
May 2021
Jun. 2020
YTD 2021
YTD 2020
Long-term Funds
Balanced
320
284
131
2,328
962
Equity
2,727
3,797
2,657
18,087
15,425
Bond
1,224
1,751
1,054
8,023
3,472
Specialty
665
1,941
98
5,785
999
Total Long-term Funds
4,936
7,773
3,941
34,223
20,859
Total Money Market Funds
103
(177
)
180
(1,573
)
1,770
Total
5,039
7,596
4,121
32,650
22,629
ETF Net Assets ($ Billions)*
Asset Class
Jun. 2021
May 2021
Jun. 2020
Dec. 2020
Long-term Funds
Balanced
10.1
9.7
5.6
7.2
Equity
195.4
188.6
131.6
158.4
Bond
85.8
84.1
70.1
79.3
Specialty
9.8
9.5
4.3
5.2
Total Long-term Funds
301.2
291.9
211.6
250.0
Total Money Market Funds
5.7
5.6
6.2
7.3
Total
306.8
297.4
217.8
257.3
* Please see below for important information regarding this data.
IFIC direct survey data (which accounts for approximately 91% of total mutual fund industry assets) is complemented by data from Investor Economics to provide comprehensive industry totals.
IFIC makes every effort to verify the accuracy, currency and completeness of the information; however, IFIC does not guarantee, warrant, represent or undertake that the information provided is correct, accurate or current.
* Important Information Regarding Investment Fund Data:
Mutual fund data is adjusted to remove double counting arising from mutual funds that invest in other mutual funds.
ETF data is not adjusted to remove double counting arising from ETFs that invest in other ETFs.
The Balanced Funds category includes funds that invest directly in a mix of stocks and bonds or obtain exposure through investing in other funds.
Mutual fund data reflects the investment activity of Canadian retail investors.
ETF data reflects the investment activity of Canadian retail and institutional investors.
About IFIC The Investment Funds Institute of Canada is the voice of Canada’s investment funds industry. IFIC brings together 150 organizations, including fund managers, distributors and industry service organizations, to foster a strong, stable investment sector where investors can realize their financial goals. By connecting Canada’s savers to Canada’s economy, our industry contributes significantly to Canadian economic growth and job creation. To learn more about IFIC, please visit www.ific.ca.
For more information please contact:
Pira Kumarasamy Senior Manager, Communications and Public Affairs pkumarasamy@ific.ca 416-309-2317
TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 103.40 points at 24,542.48.
In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.
The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.
The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.
The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.
This report by The Canadian Press was first published Oct. 16, 2024.
TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.
The S&P/TSX composite index was up 205.86 points at 24,508.12.
In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.
The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.
The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.
The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.
This report by The Canadian Press was first published Oct. 11, 2024.
TORONTO – Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher.
The S&P/TSX composite index was up 0.05 of a point at 24,224.95.
In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index was down 10.91 points at 5,781.13, while the Nasdaq composite was down 29.59 points at 18,262.03.
The Canadian dollar traded for 72.71 cents US compared with 73.05 cents US on Wednesday.
The November crude oil contract was up US$1.69 at US$74.93 per barrel and the November natural gas contract was up a penny at US$2.67 per mmBTU.
The December gold contract was up US$14.70 at US$2,640.70 an ounce and the December copper contract was up two cents at US$4.42 a pound.
This report by The Canadian Press was first published Oct. 10, 2024.
