News Release

IFIC Monthly Investment Fund Statistics – January 2023

Mutual Fund and Exchange-Traded Fund Assets and Sales

February 23, 2023 (Toronto) – The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for January 2023.

Mutual fund assets totalled $1.886 trillion at the end of January 2023. Assets increased by $77.0 billion or 4.3% compared to December 2022. Mutual funds recorded net redemptions of $477 million in January 2023.

ETF assets totalled $328.9 billion at the end of January 2023. Assets increased by $15.2 billion or 4.8% compared to December 2022. ETFs recorded net redemptions of $491 million in January 2023.

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