Connect with us

Hi, what are you looking for?

IFIC Monthly Investment Fund Statistics – August 2022

        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:

  1. Mutual fund data is adjusted to remove double counting arising from mutual funds that invest in other mutual funds.
  2. 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.
  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 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 www.ific.ca.

For more information please contact:

Pira Kumarasamy
Senior Manager, Communications and Public Affairs
[email protected]
416-309-2317

Written By

You may also like:

Tech & Science

The United Arab Emirates, which has launched a bold Mars mission, now hopes to become a pioneer in the depths of the metaverse.

Tech & Science

With the help of high-resolution satellite observations, scientists detail the unique pattern of sea level change linked to the Greenland ice sheet.

Tech & Science

Talking 3D digital reconstructions of a 14th Century woman, a bishop, and a cleric with a cleft palate, have been created.

Tech & Science

The researchers reasoned that medical digital twins can be used to tailor a given medication so that each patient could be treated with the...