SIMA Monthly Investment Fund Statistics - May 2025

20.06.25 13:00 Uhr

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

TORONTO, June 20, 2025 /CNW/ - The Securities and Investment Management Association (SIMA) today announced investment fund net sales and net assets for May 2025.

Mutual fund assets totalled $2.294 trillion at the end of May, up by $75.9 billion or 3.4 per cent since April. Mutual fund net sales were $3.9 billion in May.

ETF assets totalled $573.9 billion at the end of May, up by $27.6 billion or 5.0 per cent since April. ETF net sales were $8.8 billion in May.

May insights

  • Mutual fund assets increased in May—the first gain after three consecutive months of decline.
  • Mutual fund sales turned positive after outflows in April. Bond funds brought the largest share of inflows, as with every other month this year except April.
  • ETF assets also rebounded in May after two consecutive months of decline.
  • Bond ETF sales rose significantly from last month and, year to date, have accounted for 25 per cent of total net sales. Just over one-third of all bond fund sales this year were short-term Canadian bond funds.

Mutual fund net sales/net redemptions ($ millions)*

Asset class

May 2025

Apr 2025

May 2024

YTD 2025

YTD 2024

Long-term funds






     Balanced

409

(2,572)

(3,317)

(2,749)

(14,870)

     Equity

(211)

395

(872)

(5,533)

1,022

     Bond

3,089

48

1,343

12,195

8,848

 Specialty

805

438

623

6,151

3,310

Total long-term funds

4,092

(1,691)

(2,223)

10,064

(1,691)

Total money market funds

(205)

201

378

5,586

97

Total

3,888

(1,490)

(1,845)

15,650

(1,594)

Mutual fund net assets ($ billions)*

Asset class

May 2025

Apr 2025

May 2024

Dec 2024

Long-term funds





     Balanced

1,012.2

984.7

934.3

997.9

     Equity

877.2

834.7

787.8

868.4

     Bond

297.2

293.3

252.3

281.8

     Specialty

44.2

42.4

31.7

37.8

Total long-term funds

2,230.9

2,155.1

2,006.1

2,185.8

Total money market funds

62.9

62.7

51.9

56.9

Total

2,293.7

2,217.8

2,058.0

2,242.7

*   See below for important information about this data.

ETF net sales/net redemptions ($ millions)*

Asset class

May 2025

Apr 2025

May 2024

YTD 2025

YTD 2024

Long-term funds






     Balanced

694

629

243

3,447

1,884

     Equity

3,879

4,880

2,653

24,016

16,037

     Bond

3,103

75

1,294

12,008

5,258

 Specialty

947

737

14

3,949

(338)

Total long-term funds

8,623

6,321

4,204

43,420

22,841

Total money market funds

136

882

86

5,197

(467)

Total

8,759

7,203

4,291

48,617

22,375

ETF net assets ($ billions)* 

Asset class

May 2025

Apr 2025

May 2024

Dec 2024

Long-term funds





     Balanced

27.5

25.9

18.0

23.3

     Equity

357.9

337.0

270.4

326.9

     Bond

128.8

125.7

98.4

116.7

     Specialty

26.8

24.9

17.3

22.7

Total long-term funds

540.9

513.5

404.1

489.6

Total money market funds

33.0

32.9

25.0

28.0

Total

573.9

546.3

429.0

517.6

*   See below for important information about data.

SIMA direct survey data (which accounts for approximately 87 per cent of total mutual fund industry assets and approximately 80 per cent of total ETF industry assets) is complemented by estimated data to provide comprehensive industry totals.

SIMA makes every effort to verify the accuracy, currency, and completeness of the information, however, SIMA does not guarantee, warrant, represent or undertake that the information provided is correct, accurate or current.

© The Securities and Investment Management Association. No reproduction or republication in whole or in part is permitted without permission.

* Important information about investment fund data

  • Mutual fund data is adjusted to remove double counting arising from mutual funds that invest in other mutual funds.
  • Starting with January 2022 data, ETF data is adjusted to remove double counting arising from Canadian-listed ETFs that invest in units of other Canadian-listed ETFs. Any references to SIMA ETF assets and sales figures prior to 2022 data should indicate that the data has not been adjusted for ETF of ETF double counting.
  • The balanced funds category includes funds that invest directly in a mix of stocks and bonds or obtain exposure through investing in other funds.
  • Mutual fund data reflects the investment activity of Canadian retail investors.
  • ETF data reflects the investment activity of Canadian retail and institutional investors.
  • 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.

    SOURCE Securities and Investment Management Association