IFIC Monthly Investment Fund Statistics August 2022

2022-09-23 04:57:53

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Mutual Fund and Exchange-Traded Fund Assets and Sales

TORONTO, Sept. 23, 2022 (GLOBE NEWSWIRE) -- The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for August 2022.

Mutual fund assets totalled $1.827 trillion at the end of August 2022. Assets decreased by $37.6 billion or 2.0% compared to July 2022. Mutual funds recorded net redemptions of $3.1 billion in August 2022.

ETF assets totalled $298.7 billion at the end of August 2022. Assets decreased by $5.0 billion or 1.6% compared to July 2022. ETFs recorded net sales of $1.5 billion in August 2022.

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

Asset Class	Aug. 2022	Jul. 2022	Aug. 2021	YTD 2022	YTD 2021
Long-term Funds
Balanced	(2,429	)	(3,278	)	4,390	(9,298	)	49,071
Equity	(338	)	(1,377	)	2,532	1,800		30,374
Bond	(379	)	(308	)	1,680	(6,834	)	13,136
Specialty	89		(80	)	337	1,214		4,323
Total Long-term Funds	(3,056	)	(5,043	)	8,939	(13,118	)	96,904
Total Money Market Funds	(52	)	500		63	2,814		(6,483	)
Total	(3,108	)	(4,543	)	9,002	(10,305	)	90,420

Mutual Fund Net Assets ($ Billions) *

Asset Class	Aug. 2022	Jul. 2022	Aug. 2021	Dec. 2021
Long-term Funds
Balanced	896.5	917.0	998.9	1,024.9
Equity	648.2	661.4	725.2	747.7
Bond	230.6	234.5	261.5	261.5
Specialty	22.0	22.0	20.0	22.2
Total Long-term Funds	1,797.3	1,835.0	2,005.7	2,056.3
Total Money Market Funds	29.7	29.7	27.3	26.4
Total	1,827.1	1,864.7	2,033.0	2,082.7

* Please see below for important information regarding this data.

ETF Net Sales/Net Redemptions ($ Millions) *

Asset Class	Aug. 2022	Jul. 2022	Aug. 2021	YTD 2022	YTD 2021
Long-term Funds
Balanced	17		202		273		1,384	2,893
Equity	1,190		(730	)	3,379		10,003	23,914
Bond	(347	)	719		1,137		3,147	8,804
Specialty	21		375		300		1,160	6,373
Total Long-term Funds	881		566		5,088		15,695	41,983
Total Money Market Funds	594		938		(62	)	3,324	(1,278	)
Total	1,475		1,505		5,026		19,019	40,705

ETF Net Assets ($ Billions) *

Asset Class	Aug. 2022	Jul. 2022	Aug. 2021	Dec. 2021
Long-term Funds
Balanced	11.8	12.1	11.0	12.1
Equity	191.2	194.1	209.0	225.2
Bond	75.8	77.7	87.0	89.6
Specialty	10.3	10.7	11.8	13.6
Total Long-term Funds	289.1	294.7	318.8	340.5
Total Money Market Funds	9.6	9.1	6.0	6.6
Total	298.7	303.7	324.8	347.1

* Please see below for important information regarding this data.

IFIC direct survey data (which accounts for approximately 85% of total mutual fund industry assets and approximately 83% of total ETF industry assets) is complemented by estimated data to provide comprehensive industry totals.

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:

Mutual fund data is adjusted to remove double counting arising from mutual funds that invest in other mutual funds.

Starting with January 2022 data, ETF data is adjusted to remove double counting arising from Canadian-listed ETFs that invest in units of other Canadian-listed ETFs. Any references to IFIC ETF assets and sales figures prior to 2022 data should indicate that the data has not been adjusted for ETF of ETF double counting.

The Balanced Funds category includes funds that invest directly in a mix of stocks and bonds or obtain exposure through investing in other funds.

Mutual fund data reflects the investment activity of Canadian retail investors.

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 approximately 150 organizations, including fund managers, dealers, professional and back-office service providers, to strengthen the integrity of the investment funds industry, foster public confidence in investment funds, and enable investors to achieve good outcomes. By connecting savers to Canada's economy, our industry contributes significantly to Canadian economic growth and job creation. To learn more about IFIC, please visit .

For more information please contact:
Pira Kumarasamy
Senior Manager, Communications and Public Affairs

416-309-2317

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