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Mackenzie Investments reports total assets under management and fund salesfor September
//business-finance.news-articles.net/content/200 .. nder-management-and-fund-salesfor-september.html
Published in Business and Finance on Monday, October 5th 2009 at 6:42 GMT by Market Wire
Published in Business and Finance on Monday, October 5th 2009 at 6:42 GMT by Market Wire

------------------------------------------------------------------------- Total Assets Under Management 2009 2008 (AUM) ($millions) September September % Change ------------------------------------------------------------------------- Mutual Funds: ------------------------------------------------------------------------- Long-term mutual funds $38,146 $39,653 (3.8)% ------------------------------------------------------------------------- Money market mutual funds 1,694 2,094 (19.1)% ------------------------------------------------------------------------- Total Mutual Funds AUM 39,840 41,747 (4.6)% ------------------------------------------------------------------------- Institutional, sub-advised and other 22,190 23,001 (3.5)% ------------------------------------------------------------------------- Total Assets Under Management1 $62,030 $64,748 (4.2)% ------------------------------------------------------------------------- (1) Total assets under management include assets acquired from Saxon Funds Management Limited on September 25, 2008 ------------------------------------------------------------------------- Sales 2009 ($millions) September ------------------------------------------------------------------------- Net New Mutual Funds: Sales Redemptions Money(2) ------------------------------------------------------------------------- Long-term mutual funds $287.4 $447.6 $(160.2) ------------------------------------------------------------------------- Money market mutual funds 92.3 102.3 (10.0) ------------------------------------------------------------------------- Total Mutual Fund Sales 379.7 549.9 (170.2) ------------------------------------------------------------------------- Other retail managed products 0.0 0.0 0.0 ------------------------------------------------------------------------- Total Fund Sales $379.7 $549.9 $(170.2) ------------------------------------------------------------------------- (2) Net New Money is defined as Sales less Redemptions and is consistent with the terminology used by IFIC
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