News Release

IFIC Monthly Investment Fund Statistics – March 2023

Mutual Fund and Exchange-Traded Fund Assets and Sales

April 25, 2023 (Toronto) – The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for March 2023.

Mutual fund assets totalled $1.883 trillion at the end of March 2023. Assets increased by $15.3 billion or 0.8% compared to February 2023. Mutual funds recorded net redemptions of $3.4 billion in March 2023.

ETF assets totalled $337.1 billion at the end of March 2023. Assets increased by $9.2 billion or 2.8% compared to February 2023. ETFs recorded net sales of $6.8 billion in March 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