IFIC Monthly Investment Fund Statistics - February 2025
Mutual fund and exchange-traded fund (ETF) assets and sales
TORONTO, March 21, 2025 /CNW/ - The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for February 2025.
Mutual fund assets totalled $2.310 trillion at the end of February, down by $1.2 billion or 0.1 per cent since January. Mutual fund net sales were $9.0 billion in February.
ETF assets totalled $547.1 billion at the end of February, up by $5.8 billion or 1.1 per cent since January. ETF net sales were $9.9 billion in February.
February insights
- Mutual fund and ETF sales are off to a strong start in 2025, with each bringing in approximately $10 billion more year to date than the same period last year.
- February saw the highest level of mutual fund net sales since February 2022, marking the eighth consecutive month of positive sales.
- Likely due to market volatility, the majority of mutual fund sales flowed into more conservative asset classes, including bond, money market, and balanced funds, while equity funds remained in negative territory.
- ETF sales were positive across all major asset classes with major inflows fairly evenly distributed between equities and bonds.
Mutual fund net sales/net redemptions ($ millions)*
Asset class | Feb 2025 | Jan 2025 | Feb 2024 | YTD 2025 | YTD 2024 |
Long-term funds | |||||
Balanced | 1,521 | (388) | (871) | 1,133 | (5,346) |
Equity | (197) | (2,143) | 1,551 | (2,340) | 495 |
Bond | 3,108 | 3,304 | 1,768 | 6,412 | 5,510 |
Specialty | 2,491 | 1,426 | 775 | 3,918 | 1,340 |
Total long-term funds | 6,924 | 2,198 | 3,222 | 9,122 | 2,000 |
Total money market funds | 2,102 | 852 | (127) | 2,954 | 316 |
Total | 9,026 | 3,051 | 3,095 | 12,076 | 2,315 |
Mutual fund net assets ($ billions)*
Asset class | Feb 2025 | Jan 2025 | Feb 2024 | Dec 2024 |
Long-term funds | ||||
Balanced | 1,025.0 | 1,023.9 | 923.3 | 997.7 |
Equity | 889.3 | 901.8 | 760.5 | 868.4 |
Bond | 293.8 | 287.8 | 247.1 | 281.7 |
Specialty | 41.8 | 39.7 | 28.9 | 37.7 |
Total long-term funds | 2,249.8 | 2,253.2 | 1,959.8 | 2,185.5 |
Total money market funds | 60.2 | 58.0 | 51.5 | 56.9 |
Total | 2,310.0 | 2,311.2 | 2,011.4 | 2,242.4 |
* See below for important information about this data. |
ETF net sales/net redemptions ($ millions)*
Asset class | Feb 2025 | Jan 2025 | Feb 2024 | YTD 2025 | YTD 2024 |
Long-term funds | |||||
Balanced | 750 | 745 | 450 | 1,496 | 853 |
Equity | 3,998 | 4,820 | 4,031 | 8,817 | 6,416 |
Bond | 3,075 | 1,706 | 1,209 | 4,781 | 1,530 |
Specialty | 753 | 871 | 22 | 1,625 | (325) |
Total long-term funds | 8,577 | 8,142 | 5,712 | 16,719 | 8,475 |
Total money market funds | 1,282 | 831 | (207) | 2,113 | 194 |
Total | 9,859 | 8,973 | 5,506 | 18,833 | 8,669 |
ETF net assets ($ billions)*
Asset class | Feb 2025 | Jan 2025 | Feb 2024 | Dec 2024 |
Long-term funds | ||||
Balanced | 25.5 | 24.8 | 16.5 | 23.3 |
Equity | 344.9 | 343.7 | 250.6 | 326.9 |
Bond | 123.3 | 119.4 | 94.8 | 116.7 |
Specialty | 23.3 | 24.6 | 16.3 | 22.7 |
Total long-term funds | 517.0 | 512.5 | 378.2 | 489.6 |
Total money market funds | 30.1 | 28.9 | 25.6 | 28.0 |
Total | 547.1 | 541.3 | 403.8 | 517.6 |
* See below for important information about data. |
IFIC direct survey data (which accounts for approximately 87 per cent of total mutual fund industry assets and approximately 80 per cent of total ETF industry assets) is complemented by estimated data 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.
© The Investment Funds Institute of Canada. No reproduction or republication in whole or in part is permitted without permission.
* Important information about investment fund data
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. Learn more about IFIC
SOURCE The Investment Funds Institute of Canada