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IFIC Monthly Investment Fund Statistics – March 2019

Mutual Fund and Exchange-Traded Fund Assets and Sales

TORONTO, April 18, 2019 (GLOBE NEWSWIRE) -- The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for March 2019. 

/EIN News/ -- Mutual fund assets totalled $1.53 trillion at the end of March 2019. Assets increased by $27.1 billion or 1.8% compared to February 2019. Mutual funds recorded net sales of $1.8 billion in March 2019. 

ETF assets totalled $172.8 billion at the end of March 2019. Assets increased by $3.8 billion or 2.2% compared to February 2019. ETFs recorded net sales of $1.8 billion in March 2019.

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

Asset Class Mar. 2019 Feb. 2019
Mar. 2018 YTD 2019 YTD 2018
Long-term Funds              
Balanced (273 ) 1,645   1,416   (320 ) 8,396  
Equity (887 ) 54   937   (250 ) 3,801  
Bond 1,816   1,919   127   4,914   1,369  
Specialty 779   442   217   1,578   728  
Total Long-term Funds 1,434   4,060   2,697   5,922   14,294  
Total Money Market Funds 363   65   (133 ) (52 ) 194  
Total 1,797   4,126   2,564   5,870   14,488  

Mutual Fund Net Assets ($ Billions)*

Asset Class Mar. 2019
Feb. 2019
Mar. 2018
Dec. 2018
Long-term Funds                
Balanced  786.5    773.3    767.7    737.1  
Equity  508.0    500.3    487.4    460.0  
Bond  191.3    186.6    188.3    180.2  
Specialty  20.1    19.3    14.9    18.3  
Total Long-term Funds  1,505.9    1,479.5    1,458.3    1,395.6  
Total Money Market Funds  27.6    27.0    24.6    27.5  
Total  1,533.5    1,506.4    1,482.9    1,423.1  

*   Please see below for important information regarding this data.

ETF Net Sales/Net Redemptions ($ Millions)*

Asset Class Mar. 2019 Feb. 2019 Mar. 2018
YTD 2019
YTD 2018
Long-term Funds              
Balanced  233    174    112    542    252  
Equity  223    555    2,488    1,079    5,886  
Bond  1,301    480    295    2,167    1,273  
Specialty  (41 )  118    1    110    (179 )
Total Long-term Funds  1,716    1,326    2,897    3,898    7,233  
Total Money Market Funds  69    (14 )  14    102    161  
Total  1,785    1,312    2,911    4,000    7,394  

ETF Net Assets ($ Billions)*

Asset Class Mar. 2019
Feb. 2019
Mar. 2018
Dec. 2018
Long-term Funds                
Balanced 3.4   3.1   1.8   2.6  
Equity 109.3   107.7   97.5   97.5  
Bond 55.6   53.7   49.3   52.2  
Specialty 2.5   2.6   2.4   2.3  
Total Long-term Funds 170.8   167.1   151.1   154.7  
Total Money Market Funds 2.0   1.9   0.9   1.9  
Total 172.8   169.0   151.9   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:

Lisa Hall
Senior Manager, Communications and Public Affairs
lhall@ific.ca
416-309-2317

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