IFIC Monthly Investment Fund Statistics – June 2021

TORONTO, July 21, 2021 (GLOBE NEWSWIRE) — The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for June 2021.

Mutual fund assets totalled $1.950 trillion at the end of June 2021. Assets increased by $53.3 billion or 2.8% compared to May 2021. Mutual funds recorded net sales of $12.6 billion in June 2021.  

ETF assets totalled $306.8 billion at the end of June 2021. Assets increased by $9.4 billion or 3.2% compared to May 2021. ETFs recorded net sales of $5.0 billion in June 2021.

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

Asset Class Jun. 2021 May 2021 Jun. 2020 YTD 2021 YTD 2020
Long-term Funds          
Balanced 8,053   4,243   550   39,575   (6,652 )
Equity 3,796   3,266   245   25,925   1,918  
Bond 1,112   1,093   3,054   9,330   4,692  
Specialty 565   345   462   3,099   2,898  
Total Long-term Funds 13,526   8,948   4,311   77,929   2,856  
Total Money Market Funds (942 ) (561 ) (429 ) (6,002 ) 4,965  
Total 12,584   8,386   3,882   71,927   7,821  

Mutual Fund Net Assets ($ Billions)*

Asset Class Jun. 2021 May 2021 Jun. 2020 Dec. 2020
Long-term Funds        
Balanced 959.1 933.4 798.6 874.4
Equity 686.9 662.1 507.9 593.4
Bond 257.2 254.3 227.4 246.4
Specialty 18.7 18.0 29.0 35.0
Total Long-term Funds 1,921.9 1,867.8 1,562.9 1,749.3
Total Money Market Funds 27.8 28.5 37.0 34.4
Total 1,949.7 1,896.3 1,599.8 1,783.7

* Please see below for important information regarding this data.

ETF Net Sales/Net Redemptions ($ Millions)*

Asset Class Jun. 2021 May 2021 Jun. 2020 YTD 2021 YTD 2020
Long-term Funds          
Balanced 320 284   131 2,328   962
Equity 2,727 3,797   2,657 18,087   15,425
Bond 1,224 1,751   1,054 8,023   3,472
Specialty 665 1,941   98 5,785   999
Total Long-term Funds 4,936 7,773   3,941 34,223   20,859
Total Money Market Funds 103 (177 ) 180 (1,573 ) 1,770
Total 5,039 7,596   4,121 32,650   22,629

ETF Net Assets ($ Billions)*

Asset Class Jun. 2021 May 2021 Jun. 2020 Dec. 2020
Long-term Funds        
Balanced 10.1 9.7 5.6 7.2
Equity 195.4 188.6 131.6 158.4
Bond 85.8 84.1 70.1 79.3
Specialty 9.8 9.5 4.3 5.2
Total Long-term Funds 301.2 291.9 211.6 250.0
Total Money Market Funds 5.7 5.6 6.2 7.3
Total 306.8 297.4 217.8 257.3

* 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
[email protected] 
416-309-2317

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