News Release

IFIC Monthly Investment Fund Statistics – October 2020

Mutual Fund and Exchange-Traded Fund Assets and Sales

November 20, 2020 (Toronto) – The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for October 2020.

Mutual fund assets totalled $1.64 trillion at the end of October 2020. Assets decreased by $24.1 billion or 1.4% compared to September 2020. Mutual funds October net sales of $3.4 billion in October 2020.

ETF assets totalled $232.1 billion at the end of October 2020. Assets decreased by $2.5 billion or 1.1% compared to September 2020. ETFs recorded net sales of $1.9 billion in October 2020.

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