Insight July 2002 Quarterly Review

No, this is not an analysis of the last year’s hit by Destiny’s Child, but rather a close look at the Canadian mutual fund industry’s latest redemption experience. We place the June 2002 net redemption in long-term funds in a broader historical context and discover that— if the statistical past is any indication of the industry’s future— the fears of massive and continued redemptions are greatly exaggerated (or maybe not well founded). Trend Lines appears each month in Insight.