Mutual fund company

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A mutual fund company is a privately or publicly owned business that manages, sells and markets closed-end and open-end mutual funds to the public. They typically offer a variety of funds and investment services to mutual fund investors that include portfolio management, record keeping, custodial trust, legal, accounting and tax management services.[1]

Statistics

As of November 30, 2015, Canadian mutual funds held $1.23 trillions dollars in assets, were held by 33% of Canadian households and account for 31% of Canadians' financial wealth.[2]

How to buy mutual funds

Mutual funds can be purchased:

References

  1. Fundco[dead link]
  2. Stats and Facts | IFIC.ca, viewed January 12, 2016.

External links