IFIC Monthly Investment Fund Statistics - February 2025

21.03.25 19:20 Uhr

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

  • Mutual fund data is adjusted to remove double counting arising from mutual funds that invest in other mutual funds.
  • 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.
  • The balanced funds category includes funds that invest directly in a mix of stocks and bonds or obtain exposure through investing in other funds.
  • Mutual fund data reflects the investment activity of Canadian retail 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 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