IFIC Monthly Investment Fund Statistics – August 2019

* Important Information Regarding Investment Fund Data:

Metadata
Provider: 
GlobeNewswire, Inc.
Retrieved on: 
Wednesday, September 25, 2019
Information
Tags: 
Finance, Economy, Money, Funds, Investment, Institutional investors, Investment fund, Mutual fund, Investment management, Hedge fund, ROI Capital
Geotags: 
Toronto, Ön
Organisation: 
THE INVESTMENT FUNDS INSTITUTE OF CANADA
Summary
Key Points: 
  • * 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.
  • Mutual fund data reflects the investment activity of Canadian retail investors.
  • The Investment Funds Institute of Canada is the voice of Canadas 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.



TORONTO, Sept. 25, 2019 (GLOBE NEWSWIRE) -- The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for August 2019. 

Mutual fund assets totalled $1.57 trillion at the end of August 2019. Assets increased by $1.3 billion or 0.1% compared to July 2019. Mutual funds recorded net sales of $0.6 billion in August 2019. 

ETF assets totalled $186.0 billion at the end of August 2019. Assets increased by $2.2 billion or 1.2% compared to July 2019. ETFs recorded net sales of $2.6 billion in August 2019.   

Mutual Fund Net Sales/Net Redemptions ($ Millions)*

Asset Class Aug. 2019 Jul. 2019 Aug. 2018 YTD 2019 YTD 2018
Long-term Funds          
Balanced (171 ) 314   146   (673 ) 7,503
Equity (1,876 ) 460   (24 ) (7,247 ) 4,602
Bond 1,500   1,427   (405 ) 11,989   280
Specialty 469   458   325   4,404   2,146
Total Long-term Funds (78 ) 2,659   43   8,474   14,531
Total Money Market Funds 653   (111 ) 257   685   989
Total 576   2,548   299   9,159   15,520


Mutual Fund Net Assets ($ Billions)*

Asset Class Aug. 2019 Jul. 2019 Aug. 2018 Dec. 2018
Long-term Funds        
Balanced 798.7 797.1 788.2 737.1
Equity 510.3 515.9 516.4 460.0
Bond 210.9 207.6 188.3 180.2
Specialty 24.1 23.2 17.2 18.3
Total Long-term Funds 1,544.0 1,543.8 1,510.1 1,395.6
Total Money Market Funds 29.0 27.9 25.5 27.5
Total 1,573.0 1,571.6 1,535.7 1,423.1

*   Please see below for important information regarding this data.


ETF Net Sales/Net Redemptions ($ Millions)*

Asset Class Aug. 2019 Jul. 2019 Aug. 2018 YTD 2019 YTD 2018
Long-term Funds          
Balanced 157   163   121 1,395 887  
Equity 2,314   (153 ) 1,984 5,509 9,072  
Bond (236 ) 1,406   928 6,810 3,955  
Specialty 86   (1 ) 13 389 (176 )
Total Long-term Funds 2,321   1,415   3,045 14,103 13,738  
Total Money Market Funds 294   136   94 840 292  
Total 2,615   1,551   3,139 14,943 14,030  


ETF Net Assets ($ Billions)*

Asset Class Aug. 2019 Jul. 2019 Aug. 2018 Dec. 2018
Long-term Funds        
Balanced 4.2 4.1 2.5 2.6
Equity 114.9 113.4 106.0 97.6
Bond 61.2 61.1 51.9 52.2
Specialty 2.9 2.8 2.4 2.3
Total Long-term Funds 183.3 181.3 162.8 154.7
Total Money Market Funds 2.7 2.4 1.0 1.9
Total 186.0 183.8 163.8 156.6

*   Please see below for important information regarding this data.

IFIC ETF data is complemented with data from Morningstar Canada Inc.

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:

  1. Mutual fund data is adjusted to remove double counting arising from mutual funds that invest in other mutual funds.
  2. ETF data is not adjusted to remove double counting arising from ETFs that invest in other ETFs.
  3. The Balanced Funds category includes funds that invest directly in a mix of stocks and bonds or obtain exposure through investing in other funds.
  4. Mutual fund data reflects the investment activity of Canadian retail investors.
  5. 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
[email protected]
416-309-2317

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