Trending

IFIC Monthly Investment Fund Statistics – June 2022

Mutual Fund and Exchange-Traded Fund Assets and Sales

TORONTO, July 26, 2022 (GLOBE NEWSWIRE) — The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for June 2022.

Mutual fund assets totalled $1.788 trillion at the end of June 2022. Assets decreased by $107.0 billion or 5.6% compared to May 2022. Mutual funds recorded net redemptions of $10.4 billion in June 2022.

ETF assets totalled $288.9 billion at the end of June 2022. Assets decreased by $22.0 billion or 7.1% compared to May 2022. ETFs recorded net redemptions of $0.7 billion in June 2022.

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

Asset Class Jun. 2022 May 2022 Jun. 2021 YTD 2022 YTD 2021
Long-term Funds          
Balanced (4,980 ) (5,347 ) 8,168   (3,968 ) 39,723  
Equity (3,441 ) (994 ) 3,825   3,501   25,956  
Bond (3,358 ) (882 ) 1,158   (6,284 ) 9,382  
Specialty 64   57   764   970   3,573  
Total Long-term Funds (11,716 ) (7,166 ) 13,915   (5,781 ) 78,633  
Total Money Market Funds 1,287   774   (1,039 ) 2,254   (6,099 )
Total (10,429 ) (6,391 ) 12,876   (3,527 ) 72,534  

Mutual Fund Net Assets ($ Billions)*

Asset Class Jun. 2022 May 2022 Jun. 2021 Dec. 2021
Long-term Funds        
Balanced 882.4 932.8 961.2 1,024.9
Equity 626.5 674.4 689.4 747.7
Bond 228.6 238.1 257.6 261.5
Specialty 21.6 22.1 18.9 22.2
Total Long-term Funds 1,759.1 1,867.4 1,927.1 2,056.3
Total Money Market Funds 28.9 27.6 27.7 26.4
Total 1,788.0 1,895.0 1,954.8 2,082.7

* Please see below for important information regarding this data.

ETF Net Sales/Net Redemptions ($ Millions)*

Asset Class Jun. 2022 May 2022 Jun. 2021 YTD 2022 YTD 2021
Long-term Funds          
Balanced 23   229   320 1,165 2,328  
Equity (2,248 ) 1,634   2,727 9,543 18,087  
Bond 1,499   (235 ) 1,230 2,775 8,029  
Specialty (609 ) 593   665 764 5,800  
Total Long-term Funds (1,336 ) 2,221   4,942 14,248 34,244  
Total Money Market Funds 666   347   103 1,792 (1,573 )
Total (670 ) 2,568   5,046 16,040 32,671  

ETF Net Assets ($ Billions)*

Asset Class Jun. 2022 May 2022 Jun. 2021 Dec. 2021
Long-term Funds        
Balanced 11.3 12.1 10.1 12.1
Equity 184.6 203.3 195.4 225.2
Bond 75.2 75.7 85.8 89.6
Specialty 9.7 12.4 9.8 13.6
Total Long-term Funds 280.8 303.4 301.2 340.5
Total Money Market Funds 8.1 7.5 5.7 6.6
Total 288.9 310.9 306.9 347.1

* 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. 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 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
[email protected]
416-309-2317

Source: Digital Journal