IFIC Monthly Investment Fund Statistics – May 2021

Mutual Fund and Exchange-Traded Fund Assets and Sales

TORONTO, June 17, 2021 (GLOBE NEWSWIRE) — The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for May 2021.

Mutual fund assets totalled $1.896 trillion at the end of May 2021. Assets increased by $13.2 billion or 0.7% compared to April 2021. Mutual funds recorded net sales of $8.4 billion in May 2021.  

ETF assets totalled $297.4 billion at the end of May 2021. Assets increased by $9.5 billion or 3.3% compared to April 2021. ETFs recorded net sales of $7.6 billion in May 2021.

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

Asset Class	May 2021	Apr. 2021	May 2020	YTD 2021	YTD 2020
Long-term Funds
Balanced	4,243	4,567	(740)	31,522	(7,202)
Equity	3,266	3,612	297	22,129	1,673
Bond	1,093	1,396	1,827	8,218	1,638
Specialty	345	439	447	2,533	2,436
Total Long-term Funds	8,948	10,014	1,832	64,403	(1,455)
Total Money Market Funds	(561)	(965)	817	(5,060)	5,394
Total	8,386	9,049	2,649	59,343	3,939

Mutual Fund Net Assets ($ Billions)*

Asset Class	May 2021	Apr. 2021	May 2020	Dec. 2020
Long-term Funds
Balanced	933.4	924.9	788.6	874.4
Equity	662.1	658.5	501.4	593.4
Bond	254.3	252.9	221.3	246.4
Specialty	18.0	17.6	28.2	35.0
Total Long-term Funds	1,867.8	1,853.9	1,539.5	1,749.3
Total Money Market Funds	28.5	29.2	37.5	34.4
Total	1,896.3	1,883.1	1,576.9	1,783.7

* Please see below for important information regarding this data.

ETF Net Sales/Net Redemptions ($ Millions)*

Asset Class	May 2021	Apr. 2021	May 2020	YTD 2021	YTD 2020
Long-term Funds
Balanced	284	339	73	2,008	831
Equity	3,797	2,812	1,873	15,360	12,768
Bond	1,751	1,617	(56)	6,799	2,418
Specialty	1,941	1,430	335	5,120	901
Total Long-term Funds	7,773	6,198	2,225	29,287	16,918
Total Money Market Funds	(177)	(665)	402	(1,676)	1,590
Total	7,596	5,533	2,627	27,611	18,508

ETF Net Assets ($ Billions)*

Asset Class	May 2021	Apr. 2021	May 2020	Dec. 2020
Long-term Funds
Balanced	9.7	9.3	5.4	7.2
Equity	188.6	182.3	127.6	158.4
Bond	84.1	82.0	68.2	79.3
Specialty	9.5	8.6	4.1	5.2
Total Long-term Funds	291.9	282.2	205.3	250.0
Total Money Market Funds	5.6	5.8	6.1	7.3
Total	297.4	288.0	211.4	257.3

* Please see below for important information regarding this data.

IFIC direct survey data (which accounts for approximately 91% of total mutual fund industry assets) is complemented by data from Investor Economics 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. 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