SIMA Monthly Investment Fund Statistics - March 2025

Mutual fund and exchange-traded fund (ETF) assets and sales

TORONTO, April 22, 2025 /CNW/ - The Securities and Investment Management Association (SIMA) today announced investment fund net sales and net assets for March 2025.

Mutual fund assets totalled $2.258 trillion at the end of March, down by $52.4 billion or 2.3 per cent since February. Mutual fund net sales were $1.3 billion in March.

ETF assets totalled $546.9 billion at the end of March, down by $0.2 billion or 0.04 per cent since February. ETF net sales were $13.9 billion in March.

March insights

• Despite positive net sales, assets declined for both mutual funds and ETFs due to negative market performance.
• In ETFs there was a minimal drop in assets due to strong net inflows, which reached an all-time high in March.
• Mutual fund sales were concentrated in bond and money market funds, with money market inflows reaching their highest level since the COVID-related market crisis in March 2020.
• In ETFs, equity funds were the largest-selling category, with more than 40 per cent going to international equity funds.

Mutual fund net sales/net redemptions ($ millions)*

Mutual fund net assets ($ billions)* 

ETF net sales/net redemptions ($ millions)*

ETF net assets ($ billions)* 

SIMA 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.

SIMA makes every effort to verify the accuracy, currency, and completeness of the information, however, SIMA does not guarantee, warrant, represent or undertake that the information provided is correct, accurate or current.

© The Securities and Investment Management Association. No reproduction or republication in whole or in part is permitted without permission.

About SIMA

The Securities and Investment Management Association empowers Canada's investment industry. The association, formerly the Investment Funds Institute of Canada (IFIC), is now the leading voice for the securities and investment management industry, which oversees approximately $4 trillion in assets for over 20 million investors and the Canadian capital markets. Our members—including investment fund managers, investment and mutual fund dealers, capital markets participants, and professional service providers—are committed to creating a resilient, innovative investment sector that fuels long-term economic growth and creates opportunities for all Canadians.

SOURCE Securities and Investment Management Association