News Release

IFIC Monthly Investment Fund Statistics – December 2022

Mutual Fund and Exchange-Traded Fund Assets and Sales

January 24, 2023 (Toronto) – The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for December 2022.

Mutual fund assets totalled $1.809 trillion at the end of December 2022. Assets decreased by $61.3 billion or 3.3% compared to November 2022. Mutual funds recorded net redemptions of $8.7 billion in December 2022.

ETF assets totalled $313.7 billion at the end of December 2022. Assets decreased by $4.1 billion or 1.3% compared to November 2022. ETFs recorded net sales of $7.7 billion in December 2022.

For more information on these results, click here.

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.

For more information please contact:

Pira Kumarasamy
Senior Manager, Communications and Public Affairs
pkumarasamy@ific.ca
416-309-2317