Business and Finance Business and Finance
Wed, December 2, 2009
[ Wed, Dec 02nd 2009 ] - Market Wire
GIE names new directors
Tue, December 1, 2009
[ Tue, Dec 01st 2009 ] - Market Wire
Atacama Corporate Update

Mackenzie Investments reports total assets under management and fund sales for November


Published on 2009-12-01 15:05:39 - Market Wire
  Print publication without navigation


 ------------------------------------------------------------------------- Total Assets Under Management 2009 2008 (AUM) ($millions) November November % Change ------------------------------------------------------------------------- Mutual Funds: ------------------------------------------------------------------------- Long-term mutual funds $38,358 $33,338 15.1 % ------------------------------------------------------------------------- Money market mutual funds 1,573 2,114 (25.6)% ------------------------------------------------------------------------- Total Mutual Funds AUM 39,931 35,452 12.6 % ------------------------------------------------------------------------- Institutional, sub-advised and other 22,642 19,065 18.8 % ------------------------------------------------------------------------- Total Assets Under Management $62,573 $54,517 14.8 % ------------------------------------------------------------------------- ------------------------------------------------------------------------- Sales 2009 ($millions) November ------------------------------------------------------------------------- Mutual Funds: Net New Sales Redemptions Money (1) ------------------------------------------------------------------------- Long-term mutual funds $396.1 $468.6 $(72.5) ------------------------------------------------------------------------- Money market mutual funds 62.3 111.8 (49.5) ------------------------------------------------------------------------- Total Mutual Fund Sales 458.4 580.4 (122.0) ------------------------------------------------------------------------- Other retail managed products 125.0 (2) 0.0 125.0 ------------------------------------------------------------------------- Total Fund Sales $583.4 $580.4 $3.0 ------------------------------------------------------------------------- (1) Net New Money is defined as Sales less Redemptions and is consistent with the terminology used by IFIC. (2) This amount includes sales for The Canadian Shield Fund.