News Release

SIMA Monthly Investment Fund Statistics – April 2025

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

May 22, 2025 (Toronto) – The Securities and Investment Management Association (SIMA) today announced investment fund net sales and net assets for April 2025.

Mutual fund assets totalled $2.218 trillion at the end of April, down by $39.6 billion or 1.8 per cent since March. Mutual fund net redemptions were $1.5 billion in April.

ETF assets totalled $546.4 billion at the end of April, down by $0.5 billion or 0.1 per cent since March. ETF net sales were $7.2 billion in April.

April insights

• April saw the second consecutive monthly decline in mutual fund and ETF assets, primarily driven by weakness in equity and bond markets.
• Mutual funds registered their first net redemptions since June 2024, driven by outflows from balanced funds, with all other major asset classes generating inflows.
• Despite market volatility, ETF net sales remained relatively strong, driven by $4.9 billion of inflows into equity ETFs; within that category, three-quarters of net sales went to global and international funds.

For more information on these results, click here.

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.

For more information, please contact:

Christine Harminc
Director, Communications and Public Affairs
charminc@sima-amvi.ca
416-309-2313