TORONTO, July 24, 2019 (GLOBE NEWSWIRE) -- The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for June 2019. 

Mutual fund assets totalled $1.56 trillion at the end of June 2019. Assets increased by $28.9 billion or 1.9% compared to May 2019. Mutual funds recorded net sales of $0.8 billion in June 2019. 

ETF assets totalled $181.4 billion at the end of June 2019. Assets increased by $3.6 billion or 2.0% compared to May 2019. ETFs recorded net sales of $0.3 billion in June 2019.   

Mutual Fund Net Sales/Net Redemptions ($ Millions)*

Asset ClassJun. 2019May 2019Jun. 2018YTD 2019 YTD 2018
Long-term Funds     
Balanced 662 (236) (955) (816) 6,838
Equity (1,416) (1,998) 283 (5,831) 4,581
Bond 1,143 1,835 (481) 9,062 652
Specialty 527 700 246 3,477 1,477
Total Long-term Funds 916 300 (907) 5,893 13,548
Total Money Market Funds (144) 419 440 143 901
Total  771 719 (466) 6,035 14,449

Mutual Fund Net Assets ($ Billions)*

Asset ClassJun. 2019May 2019Jun. 2018Dec. 2018
Long-term Funds    
Balanced 794.0 787.2 779.3 737.1
Equity 512.1 499.9 505.3 460.0
Bond 205.4 196.3 187.5 180.2
Specialty 22.6 21.7 16.4 18.3
Total Long-term Funds 1,534.2 1,505.1 1,488.5 1,395.6
Total Money Market Funds 27.9 28.1 25.5 27.5
Total  1,562.1 1,533.2 1,514.0 1,423.1

*   Please see below for important information regarding this data.

ETF Net Sales/Net Redemptions ($ Millions)*

Asset ClassJun. 2019May 2019Jun. 2018YTD 2019 YTD 2018
Long-term Funds     
Balanced 137 202 86 1,075 677
Equity (902) 2,392 (463) 3,348 6,644
Bond 870 1,226 469 5,641 2,214
Specialty 139 82 (52) 300 (209)
Total Long-term Funds 243 3,903 39 10,363 9,326
Total Money Market Funds 84 147 9 409 213
Total  327 4,050 47 10,773 9,540

ETF Net Assets ($ Billions)*

Asset ClassJun. 2019May 2019Jun. 2018Dec. 2018
Long-term Funds    
Balanced 3.9 3.7 2.3 2.6
Equity 112.9 110.9 101.3 97.6
Bond 59.6 58.4 50.2 52.2
Specialty 2.7 2.5 2.4 2.3
Total Long-term Funds 179.1 175.6 156.1 154.7
Total Money Market Funds 2.3 2.2 0.9 1.9
Total  181.4 177.8 157.1 156.6

*   Please see below for important information regarding this data.

IFIC ETF data is complemented with data from Morningstar Canada Inc.

IFIC makes every effort to verify the accuracy, currency and completeness of the information; however, IFIC does not guarantee, warrant, represent or undertake that the information provided is correct, accurate or current.

* Important Information Regarding Investment Fund Data:

  1. Mutual fund data is adjusted to remove double counting arising from mutual funds that invest in other mutual funds.
  2. ETF data is not adjusted to remove double counting arising from ETFs that invest in other ETFs.
  3. The Balanced Funds category includes funds that invest directly in a mix of stocks and bonds or obtain exposure through investing in other funds.
  4. Mutual fund data reflects the investment activity of Canadian retail investors.
  5. ETF data reflects the investment activity of Canadian retail and institutional investors.

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. To learn more about IFIC, please visit www.ific.ca. 

For more information please contact:

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