List of mutual-fund families in Canada
This is a list of mutual-fund families in Canada ranked by Canadian mutual fund assets under management (AUM), as of May 31st, 2008.
Ultimate parent |
Company |
Canadian mutual fund brands |
AUM parent Cdn total (CAD 000's) |
AUM sub-total (CAD 000's) |
|---|---|---|---|---|
IGM Financial Inc. |
108,178,800 |
|||
Investors Group Inc. |
Investors Masterseries Funds |
61,184,891 |
||
Mackenzie Financial Corporation |
Cundill Funds, Ivy Funds, Mackenzie Funds, Maxxum Funds, Focus Funds, Sentinel Funds, STAR Funds, Universal Funds, Keystone Funds |
44,773,652 |
||
Counsel Group of Funds |
Counsel Funds |
2,220,257 |
||
Royal Bank of Canada |
RBC Asset Management Inc. |
RBC Funds |
111,573,667 |
|
CI Fund Management Inc. |
CI Mutual Funds Inc. |
CI Mutual Funds |
51,854,000 |
|
Toronto-Dominion Bank |
TD Asset Management |
TD Mutual Funds |
58,978,203 |
|
AMVESCAP plc |
AIM Trimark Investments |
AIM Funds, Trimark Funds |
40.607,736 |
|
Canadian Imperial Bank of Commerce |
CIBC Asset Management |
CIBC Mutual Funds |
51,931,491 |
|
FMR Corp. |
Fidelity Investments Canada Limited |
Fidelity funds |
42,433,811 |
|
Bank of Montreal |
38,814,051 |
|||
BMO Investments Inc. |
BMO Mutual Funds |
33,125,440 |
||
Guardian Group of Funds Ltd. |
GGOF Funds |
5,688,611 |
||
AGF Management Limited |
AGF Funds Inc. |
AGF Funds |
27,881,375 |
|
Franklin Resources Inc. |
Franklin Templeton|Franklin Templeton Investments Corp. |
Templeton Funds, Franklin Funds, Bissett Funds, Mutual Series Funds, Franklin Templeton Funds |
25,220,381 |
|
Phillips Hager & North Ltd. |
Phillips Hager & North Ltd. |
PH&N investment funds |
20,016,575 |
|
Dundee Corporation |
Goodman & Company, Investment Counsel Ltd. |
Dynamic Mutual Funds |
23,603,421 |
|
Bank of Nova Scotia |
Scotia Securities Inc. |
Scotia Mutual Funds |
22,608,362 |
|
CMA Holdings Incorporated |
MD Management Limited |
MD Mutual Funds |
15,872,791 |
|
National Bank of Canada |
13,183,031 |
|||
Natcan Investment Management |
National Bank Mutual Funds |
9,000,403 |
||
Altamira Investment Services Inc. |
Altamira mutual funds |
4182628 |
||
Fédération des caisses Desjardins du Québec |
12,552,194 |
|||
Northwest Mutual Funds Inc. |
Northwest Mutual Funds |
4,704,173 |
||
Manulife Financial Corporation |
Manulife Investments |
Manulife Mutual Funds |
10,336,462 |
|
AIC Limited |
AIC Investment Services Inc. |
AIC Funds |
5,639,606 |
|
Industrial Alliance Insurance and Financial Services Inc. |
IA Clarington Investments Inc. |
IA Clarington Funds, Clarington Funds, IA Funds, R Funds |
8,050,480 |
|
Brandes Investment Partners, L.P. |
Brandes Investment Partners, L.P. |
Brandes mutual funds |
5,187,070 |
|
HSBC Holdings plc |
HSBC Investments (Canada) Limited |
HSBC Investment Funds |
5,581,654 |
|
Standard Life plc |
Standard Life Mutual Funds Ltd. |
Standard Life Mutual Funds |
4,572,731 |
|
Acuity Funds Ltd. |
Acuity Funds Ltd. |
Acuity Mutual Funds |
3,593,814 |
|
Saxon Financial Inc. |
Saxon Funds Management Limited |
Saxon Mutual Funds |
2,128,659 |
|
Ethical Funds Inc. |
Ethical Funds Inc. |
Ethical Funds |
2,421,684 |
|
Mawer Investment Management Ltd. |
Mawer Investment Management Ltd. |
Mawer Mutual Funds |
1,968,620 |
|
Sentry Select Capital Corp. |
Sentry Select Capital Corp. |
Sentry Select mutual funds |
1,542,862 |
|
Sceptre Investment Counsel Limited |
Sceptre Investment Counsel Limited |
Sceptre Mutual Funds |
1,349,000 |
|
Total of non-reporting members |
64,865,957 |
|||
Other reporting IFIC members with less than CAD$1 billion assets under management |
3,211,229 |
Same list above, but in truncated form using Dec 31st 2006 Data:
- IGM Financial (InvestorsGroup & Mackenzie): $106,358,576
- Royal Bank of Canada (RBC Asset Management): $71,842,336
- CI Fund Management Inc. (CI Mutual Funds Inc.): $51,854,000
- Toronto-Dominion Bank (TD Asset Management): $51,064,006
- AMVESCAP (AIM Trimark): $49,088,604
- Canadian Imperial Bank of Commerce (CIBC Asset Management): $49,087,624
- FMR Corporation (Fidelity): $39,386,006
- Bank of Montreal (BMO Investments/Guardian Group of Funds): $35,415,728
- AGF Management Limited (AGF Funds): $27,717,631
- Franklin Resources (Franklin Templeton Investments): $26,138,760
- Phillips Hager & North Ltd.: $18,599,198
- Dundee Corporation (Dynamic): $17,935,535
- Bank of Nova Scotia: $16,385,129
- CMA Holdings Incorporated: $12,599,090
- National Bank of Canada (Natcan/Altamira): $11,742,594
- Fédération des caisses Desjardins du Québec: $10,803,843
- Manulife: $8,723,606
- AIC: $8,684,500
- Industrial Alliance Insurance and Financial Services Inc.: $6,682,152
- Brandes Investment Partners: $5,859,140
- HSBC (Canada) Investments: $4,366,067
- Standard Life: $4,129,984
- Acuity Funds: $3,879,242
- Saxon Financial: $2,208,422
- Ethical Funds Inc.: $2,006,498
- Mawer Investment Management: $1,973,489
- Sentry Select Capital Corp.: $1,165,925
- Sceptre Investment Counsel: $1,013,208
- Other non-reporting IFIC members: $10,364,450
- Other reporting IFIC members: $3,211,229
See also
- List of Mutual Funds Listed on the TSX