IFIC Monthly Investment Fund Statistics – September 2019

TORONTO, Oct. 24, 2019 (GLOBE NEWSWIRE) -- The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for September 2019. 

Mutual fund assets totalled $1.58 trillion at the end of September 2019. Assets increased by $10.8 billion or 0.7% compared to August 2019. Mutual funds recorded net sales of $1.3 billion in September 2019. 

ETF assets totalled $187.9 billion at the end of September 2019. Assets increased by $1.9 billion or 1.0% compared to August 2019. ETFs recorded net sales of $0.6 billion in September 2019.   

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

Asset Class	Sep. 2019		Aug. 2019		Sep. 2018		YTD 2019		YTD 2018
Long-term Funds
Balanced	161		(171	)	(349	)	(512	)	7,154
Equity	(2,498	)	(1,876	)	(277	)	(9,745	)	4,325
Bond	2,599		1,500		(1,022	)	14,589		(741	)
Specialty	629		469		266		5,033		2,412
Total Long-term Funds	892		(78	)	(1,382	)	9,366		13,149
Total Money Market Funds	443		653		(168	)	1,128		821
Total	1,334		576		(1,550	)	10,493		13,970

Mutual Fund Net Assets ($ Billions)*

Asset Class	Sep. 2019	Aug. 2019	Sep. 2018	Dec. 2018
Long-term Funds
Balanced	803.1	798.7	780.9	737.1
Equity	513.7	510.3	512.2	460.0
Bond	212.7	210.9	186.6	180.2
Specialty	24.8	24.1	17.4	18.3
Total Long-term Funds	1,554.2	1,544.0	1,497.1	1,395.6
Total Money Market Funds	29.5	29.0	25.4	27.5
Total	1,583.8	1,573.0	1,522.4	1,423.1

*   Please see below for important information regarding this data.

ETF Net Sales/Net Redemptions ($ Millions)*

Asset Class	Sep. 2019		Aug. 2019		Sep. 2018		YTD 2019	YTD 2018
Long-term Funds
Balanced	74		157		75		1,468	964
Equity	(1,068	)	2,314		(164	)	4,441	8,870
Bond	1,032		(236	)	512		7,842	4,488
Specialty	196		86		35		585	(142	)
Total Long-term Funds	233		2,321		457		14,336	14,181
Total Money Market Funds	329		294		155		1,169	447
Total	562		2,615		612		15,506	14,629

ETF Net Assets ($ Billions)*

Asset Class	Sep. 2019	Aug. 2019	Sep. 2018	Dec. 2018
Long-term Funds
Balanced	4.4	4.2	2.6	2.6
Equity	115.5	114.9	105.1	97.6
Bond	61.9	61.2	52.0	52.2
Specialty	3.1	2.9	2.4	2.3
Total Long-term Funds	184.8	183.3	162.1	154.7
Total Money Market Funds	3.1	2.7	1.2	1.9
Total	187.9	186.0	163.3	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 KumarasamySenior Manager, Communications and Public Affairs[email protected]416-309-2317

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

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