IFIC Monthly Investment Fund Statistics – April 2022

·4 min read
The Investment Funds Institute of Canada
The Investment Funds Institute of Canada

Mutual Fund and Exchange-Traded Fund Assets and Sales

TORONTO, May 24, 2022 (GLOBE NEWSWIRE) -- The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for April 2022.

Mutual fund assets totalled $1.914 trillion at the end of April 2022. Assets decreased by $87.5 billion or 4.4% compared to March 2022. Mutual funds recorded net redemptions of $4.9 billion in April 2022.

ETF assets totalled $310.0 billion at the end of April 2022. Assets decreased by $14.7 billion or 4.5% compared to March 2022. ETFs recorded net sales of $1.0 billion in April 2022.

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

Asset Class

Apr. 2022

Mar. 2022

Apr. 2021

YTD 2022

YTD 2021

Long-term Funds

 

 

 

 

 

Balanced

(2,055

)

272

 

4,567

 

6,359

 

27,279

Equity

(697

)

1,085

 

3,612

 

7,936

 

18,863

Bond

(1,754

)

(503

)

1,396

 

(2,046

)

7,125

Specialty

(204

)

177

 

439

 

849

 

2,463

Total Long-term Funds

(4,710

)

1,031

 

10,014

 

13,099

 

55,731

Total Money Market Funds

(236

)

102

 

(965

)

156

 

-4,499

Total

(4,946

)

1,133

 

9,049

 

13,255

 

51,232

Mutual Fund Net Assets ($ Billions)*

Asset Class

Apr. 2022

Mar. 2022

Apr. 2021

Dec. 2021

Long-term Funds

 

 

 

 

Balanced

943.6

985.0

924.9

1,024.9

Equity

682.3

719.4

658.5

747.7

Bond

239.3

247.7

252.9

261.5

Specialty

22.2

22.6

17.5

22.2

Total Long-term Funds

1,887.3

1,974.7

1,853.9

2,056.3

Total Money Market Funds

26.8

27.0

29.2

26.4

Total

1,914.2

2,001.7

1,883.1

2,082.7

* Please see below for important information regarding this data.

ETF Net Sales/Net Redemptions ($ Millions)*

Asset Class

Mar. 2022

Mar. 2022

Mar. 2021

YTD 2022

YTD 2021

Long-term Funds

 

 

 

 

 

Balanced

125

 

238

339

 

913

1,724

 

Equity

539

 

2,217

2,812

 

10,157

11,564

 

Bond

322

 

1,512

1,617

 

1,512

5,048

 

Specialty

(115

)

498

1,444

 

780

3,193

 

Total Long-term Funds

871

 

4,465

6,213

 

13,363

21,529

 

Total Money Market Funds

91

 

116

(665

)

779

(1,500

)

Total

962

 

4,580

5,548

 

14,142

20,029

 

ETF Net Assets ($ Billions)*

Asset Class

Apr. 2022

Mar. 2022

Apr. 2021

Dec. 2021

Long-term Funds

 

 

 

 

Balanced

11.9

12.4

9.3

12.1

Equity

202.1

213.0

182.3

225.2

Bond

75.8

78.2

82.0

89.6

Specialty

13.0

14.2

8.6

13.6

Total Long-term Funds

302.9

317.7

282.2

340.5

Total Money Market Funds

7.1

7.0

5.8

6.6

Total

310.0

324.7

288.0

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
pkumarasamy@ific.ca
416-309-2317


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