SIMA Monthly Investment Fund Statistics - May 2025
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
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