IFIC Monthly Investment Fund Statistics – January 2019

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

Mutual fund assets totalled $1.47 trillion at the end of January 2019. Assets increased by $49.9 billion or 3.5% compared to December 2018. Mutual funds recorded net redemptions of $53 million in January 2019. 

ETF assets totalled $164.2 billion at the end of January 2019. Assets increased by $7.6 billion or 4.8% compared to December 2018. ETFs recorded net sales of $904 million in January 2019.   

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

Asset Class	Jan. 2019	Dec. 2018	Jan. 2018	YTD 2019	YTD 2018
Long-term Funds
Balanced	(1,692)	(3,512)	2,442	(1,692)	2,442
Equity	584	(2,782)	1,464	584	1,464
Bond	1,180	(2,915)	1,090	1,180	1,090
Specialty	356	281	235	356	235
Total Long-term Funds	427	(8,928)	5,231	427	5,231
Total Money Market Funds	(480)	1,060	(305)	(480)	(305)
Total	(53)	(7,869)	4,926	(53)	4,926

Mutual Fund Net Assets ($ Billions)*

Asset Class	Jan. 2019	Dec. 2018	Jan. 2018	Dec. 2018
Long-term Funds
Balanced	759.0	737.1	770.3	737.1
Equity	485.0	460.0	491.8	460.0
Bond	183.6	180.2	185.7	180.2
Specialty	18.6	18.3	14.7	18.3
Total Long-term Funds	1,446.1	1,395.6	1,462.5	1,395.6
Total Money Market Funds	26.9	27.5	23.9	27.5
Total	1,473.0	1,423.1	1,486.3	1,423.1

* Please see below for important information regarding this data.

ETF Net Sales/Net Redemptions ($ Millions)*

Asset Class	Jan. 2019	Dec. 2018	Jan. 2018	YTD 2019	YTD 2018
Long-term Funds
Balanced	136	74	15	136	15
Equity	300	903	1,210	300	1,210
Bond	387	1,239	858	387	858
Specialty	34	(113)	(149)	34	(149)
Total Long-term Funds	856	2,104	1,933	856	1,933
Total Money Market Funds	47	84	109	47	109
Total	904	2,188	2,043	904	2,043

ETF Net Assets ($ Billions)*

Asset Class	Jan. 2019	Dec. 2018	Jan. 2018	Dec. 2018
Long-term Funds
Balanced	2.9	2.6	1.7	2.6
Equity	103.9	97.6	96.1	97.6
Bond	53.1	52.2	49.1	52.2
Specialty	2.4	2.3	2.6	2.3
Total Long-term Funds	162.2	154.7	149.4	154.7
Total Money Market Funds	1.9	1.9	0.8	1.9
Total	164.2	156.6	150.2	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 investors 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: Lisa HallSenior Manager, Communications and Public Affairs[email protected]416-309-2317

Source: L’Institut des fonds d’investissement du Canada

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• XFLT Urges Shareholders to Vote Today to Approve the King Street Sub-Advisory Agreement
• 4 Top Bullish Cryptos to Buy Now That Could Deliver Huge Returns in 2026: ETH, TAO, HYPE, & BDAG
• COSMarketing Agency Highlights Major Lead‑Generation Growth for Florida and National Brands in 2026