RY 169.88 -1.0542% SHOP 144.59 -0.959% TD 77.85 -0.1667% ENB 59.62 -0.5505% BN 78.53 -0.971% TRI 223.92 -0.2495% CNQ 47.03 -0.0213% CP 102.49 -0.5627% CNR 147.77 -0.8787% BMO 131.32 -0.0685% BNS 78.4 0.0255% CSU 4463.7002 0.6222% CM 90.42 0.6344% MFC 44.91 -1.3184% ATD 77.0 -0.7604% NGT 60.01 -0.4149% TRP 68.0 -2.2989% SU 56.965 -0.4282% WCN 260.14 -0.653% L 176.45 0.7135%
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5 Mutual Funds Delivering ~20% Returns Over the Past Year
Mutual funds remain among the most popular investment choices for Canadians, offering a wide array of advantages such as diversification, liquidity, and professional risk management, distinguishing them from exchange-traded funds (ETFs) and individual stocks.
According to the Investment Funds Institute of Canada (IFIC), mutual fund total assets achieved their second-highest monthly level on record (the highest being in December 2021) in May this year, amounting to CAD 2.058 trillion at the month-end. This increase in total assets highlights the ongoing interest and market confidence among investors. It also underscores the significant role mutual funds play in the Canadian financial landscape, potentially influencing economic indicators and investment strategies.
This article discusses some of the mutual funds in Canada that are popular among investors.
FÉRIQUE World Dividend Equity Fund
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