Fund sales dive in January as investors remain nervous

Article Abstract:

Sales of mutual funds declined significantly to an estimated C$1.8 billion to C$2 billion in Jan 1999, from C$3.1 billion in Jan 1998. The estimated sales are also flat or slight lower than the C$2.2 billion in net sales posted in Dec 1998. The lower sales are attributed to the preference of investors to buy during December and to higher-than-usual redemptions in January.

Venture Capital Companies, Miscellaneous Intermediation

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Fund sales mostly flat in August, IFIC says

Article Abstract:

Canada posted flat net sales of mutual funds for the month of August 2001, according to the Investment Funds Institute of Canada (IFIC). The industry posted between 1.3 billion and 1.5 billion Canadian dollars in net sales for the month.

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Fund sales double in May

Article Abstract:

Canada posted over 1.8 billion Canadian dollars in mutual fund sales for the May 2001 period. The amount doubled over the same period in 2000.

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