IFIC Monthly Investment Fund Statistics – November 2021

TORONTO, Dec. 20, 2021 (GLOBE NEWSWIRE) — The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for November 2021.

Mutual fund assets totalled $2.034 trillion at the end of November 2021. Assets increased by $3.3 billion or 0.2% compared to October 2021. Mutual funds recorded net sales of $7.5 billion in November 2021.

ETF assets totalled $335.9 billion at the end of November 2021. Assets increased by $4.0 billion or 1.2% compared to October 2021. ETFs recorded net sales of $5.1 billion in November 2021.

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

Asset Class Nov. 2021 Oct. 2021 Nov. 2020 YTD 2021 YTD 2020
Long-term Funds          
Balanced 4,357   3,290   2,761   61,438   (2,133 )
Equity 2,562   1,881   3,829   36,629   3,354  
Bond 629   372   250   15,733   13,686  
Specialty 418   431   414   5,595   5,449  
Total Long-term Funds 7,965   5,975   7,253   119,395   20,357  
Total Money Market Funds (503 ) (408 ) (1,060 ) (7,598 ) 3,261  
Total 7,462   5,567   6,193   111,797   23,618  

Mutual Fund Net Assets ($ Billions)*

Asset Class Nov. 2021   Oct. 2021   Nov. 2020   Dec. 2020  
Long-term Funds                
Balanced 1,000.2   996.8   859.6   874.4  
Equity 725.9   727.1   573.5   593.4  
Bond 260.4   259.3   243.4   246.4  
Specialty 21.5   21.1   34.0   34.9  
Total Long-term Funds 2,008.0   2,004.3   1,710.4   1,749.1  
Total Money Market Funds 26.2   26.6   35.7   34.4  
Total 2,034.2   2,030.9   1,746.1   1,783.5  

* Please see below for important information regarding this data.

ETF Net Sales/Net Redemptions ($ Millions)*

Asset Class Nov. 2021 Oct. 2021   Nov. 2020 YTD 2021 YTD 2020  
Long-term Funds              
Balanced 265   212   202   3,688   1,724  
Equity 3,943   3,120   2,008   31,198   21,840  
Bond 146   461   975   11,144   9,988  
Specialty 862   472   186   7,979   1,830  
Total Long-term Funds 5,216   4,265   3,371   54,009   35,382  
Total Money Market Funds (106 ) 134   (171 ) (967 ) 2,214  
Total 5,111   4,399   3,200   53,042   37,596  

ETF Net Assets ($ Billions)*

Asset Class Nov. 2021   Oct. 2021   Nov. 2020   Dec. 2020  
Long-term Funds                
Balanced 11.7   11.4   6.8   7.2  
Equity 215.6   212.9   153.6   158.4  
Bond 87.8   87.6   77.9   79.3  
Specialty 14.5   13.6   5.0   5.2  
Total Long-term Funds 329.6   325.5   243.4   250.0  
Total Money Market Funds 6.3   6.4   6.7   7.3  
Total 335.9   331.9   250.1   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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