News Release

SIMA Monthly Investment Fund Statistics – December 2025

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

January 21, 2026 (Toronto) – The Securities and Investment Management Association (SIMA) today announced investment fund net sales and net assets for December 2025.

Mutual fund assets totalled $2.528 trillion at the end of December, down by $14.7 billion or 0.6 per cent since November. Mutual fund net sales were $1.9 billion in December.

ETF assets totalled $713.0 billion at the end of December, up by $13.0 billion or 1.9 per cent since November. ETF net sales were $16.9 billion in December.

December insights

• In 2025, mutual fund assets increased by $285.8 billion, or 12.7 per cent, despite a modest market-driven decline in December.
• ETF assets reached an all-time high at the end of December and increased by $195.5 billion over the year, representing the largest annual dollar increase on record and a one-year growth rate of 37.8 per cent.
• Overall mutual fund net inflows more than doubled in 2025, with December marking the eighth consecutive month of positive sales.
• In December, ETFs experienced the highest single-month net sales ever recorded, contributing to 2025 seeing the largest annual inflows in history.

For more information on these results, click here.

About SIMA

The Securities and Investment Management Association empowers Canada’s investment industry. The association is the leading voice for the securities and investment management industry, which oversees approximately $4 trillion in assets for over 20 million investors. 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:

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