News Release

IFIC Monthly Investment Fund Statistics – July 2023

Mutual fund and exchange-traded fund (ETF) assets and sales

August 22, 2023 (Toronto) – The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for July 2023.

Mutual fund assets totalled $1.914 trillion at the end of July 2023. Assets increased by $19.5 billion or 1.0 per cent compared to June 2023. Mutual funds recorded net redemptions of $4.8 billion in July 2023.

ETF assets totalled $356.8 billion at the end of July 2023. Assets increased by $8.3 billion or 2.4 per cent from June 2023. ETFs recorded net sales of $2.8 billion in July 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:

Christine Harminc
Senior Manager, Communications and Public Affairs
charminc@ific.ca
416-309-2313