Date Posted: Nov 24, 2004

Insight November 2004 Monthly Update

“In the final issue of Insight in 2004 that will contain a research article, we continue a custom we began in 2002. First, as RRSP season approaches, we check on how the mutual funds industry has done this year in marketing long-term mutual funds. Then, with an appropriate fanfare, we update our ongoing Honour Roll of best sellers. Last November we described 2003 as a year of “waiting.” Overall, long- term fund sales were weak to non-existent, but redemptions were also in check. Investors were treading water, in effect. This year they began to swim and produced a significant up-tick in both gross sales and net flows. But they stuck mainly to the shallow, seemingly safer, end of the pool by concentrating on income-oriented bond, equity income and balanced funds. We might as well dub 2004 the year of “conservative choice”—without any reference to the U.S. election.”
Get access to Investor Economics Insight November 2004 Monthly Updatereport CLICK HERE FOR ACCESS

Insight Investment Funds Report — Latest Reports

Related Research