Assets and sales of mutual funds and exchange-traded funds
TORONTO, April 22, 2022 (GLOBE NEWSWIRE) — The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for March 2022.
Mutual fund assets totaled $2,002 trillion at the end of March 2022. Assets increased $4.1 billion or 0.2% from February 2022. Mutual funds recorded net sales of $0.9 billion in March 2022.
ETF assets totaled $324.7 billion at the end of March 2022. Assets increased $7.5 billion or 2.4% from February 2022. ETFs recorded net sales of 4 $.6 billion in March 2022.
Mutual fund net sales/net redemptions ($ millions)*
|
Asset class |
March 2022 |
Feb. 2022 |
March 2021 |
Year-to-date 2022 |
Year-to-date 2021 |
|||||
|
Long-term funds |
||||||||||
|
Balance |
212 |
5,062 |
8,987 |
8,354 |
22,712 |
|||||
|
Equity |
1,000 |
4,627 |
4,544 |
8,549 |
15,251 |
|||||
|
Obligation |
(524 |
) |
(155 |
) |
151 |
(313 |
) |
5,729 |
||
|
Speciality |
132 |
241 |
416 |
1,001 |
2,024 |
|||||
|
Total long-term funds |
820 |
9,775 |
14,098 |
17,591 |
45,717 |
|||||
|
Total money market funds |
102 |
112 |
(1,093 |
) |
392 |
(3,534 |
) |
|||
|
Total |
922 |
9,887 |
13,006 |
17,982 |
42,182 |
|||||
Mutual fund net assets ($ billions)*
|
Asset class |
March 2022 |
Feb. 2022 |
March 2021 |
Dec. 2021 |
|
Long-term funds |
||||
|
Balance |
985.0 |
986.5 |
908.4 |
1,024.9 |
|
Equity |
719.3 |
708.4 |
639.6 |
747.7 |
|
Obligation |
247.7 |
253.4 |
250.8 |
261.5 |
|
Speciality |
22.5 |
22.4 |
16.8 |
22.2 |
|
Total long-term funds |
1,974.5 |
1,970.6 |
1,815.6 |
2,056.3 |
|
Total money market funds |
27.0 |
26.8 |
30.3 |
26.4 |
|
Total |
2,001.5 |
1,997.4 |
1,845.9 |
2,082.6 |
* Please see below for important information regarding this data.
ETF Net Sales/Net Redemptions ($millions)*
|
Asset class |
March 2022 |
Feb. 2022 |
March 2021 |
Year-to-date 2022 |
Year-to-date 2021 |
|||
|
Long-term funds |
||||||||
|
Balance |
238 |
251 |
413 |
789 |
1,385 |
|||
|
Equity |
2,217 |
3,104 |
3,103 |
9,618 |
8,751 |
|||
|
Obligation |
1,512 |
(53 |
) |
949 |
1,190 |
3,431 |
||
|
Speciality |
498 |
309 |
815 |
895 |
1,749 |
|||
|
Total long-term funds |
4,465 |
3,610 |
5,281 |
12,492 |
15,316 |
|||
|
Total money market funds |
116 |
411 |
(579 |
) |
688 |
(835 |
) |
|
|
Total |
4,580 |
4,021 |
4,702 |
13,180 |
14,482 |
|||
ETF net assets ($ billions)*
|
Asset class |
March 2022 |
Feb. 2022 |
March 2021 |
Dec. 2021 |
|
Long-term funds |
||||
|
Balance |
12.4 |
12.2 |
8.8 |
12.1 |
|
Equity |
213.0 |
206.5 |
175.4 |
225.2 |
|
Obligation |
78.2 |
78.5 |
80.4 |
89.6 |
|
Speciality |
14.2 |
13.1 |
6.9 |
13.6 |
|
Total long-term funds |
317.7 |
310.2 |
271.5 |
340.5 |
|
Total money market funds |
7.0 |
6.9 |
6.4 |
6.6 |
|
Total |
324.7 |
317.1 |
277.9 |
347.1 |
* Please see below for important information regarding this data.
Direct survey data from IFIC (which represents approximately 91% of total mutual fund industry assets) is supplemented with 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 warrant, guarantee, represent or covenant that the information provided is correct, accurate or current.
* Important information regarding investment fund data:
-
Mutual fund data is adjusted to eliminate double counting resulting from mutual funds investing in other mutual funds.
-
From January 2022, ETF data is adjusted to remove double counting resulting from ETFs investing in other ETFs.
-
The balanced fund category includes funds that invest directly in a combination of stocks and bonds or gain exposure by investing in other funds.
-
Mutual fund data reflects the investment activity of Canadian 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 the Canadian investment fund industry. IFIC brings together 150 organizations, including fund managers, distributors and industry service organizations, to foster a strong and stable investment industry where investors can achieve their financial goals. By connecting Canadian savers to the Canadian economy, our industry makes an important contribution to economic growth and job creation in Canada. 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
