List of mutual fund companies in Canada
Encyclopedia
This is a list of mutual-fund families in Canada ranked by Canadian mutual fund
Mutual fund
A mutual fund is a professionally managed type of collective investment scheme that pools money from many investors to buy stocks, bonds, short-term money market instruments, and/or other securities.- Overview :...

 assets under management (AUM), as of May 31, 2008.
Ultimate parent Company Canadian mutual fund brands AUM parent Cdn total (CAD
Canadian dollar
The Canadian dollar is the currency of Canada. As of 2007, the Canadian dollar is the 7th most traded currency in the world. It is abbreviated with the dollar sign $, or C$ to distinguish it from other dollar-denominated currencies...

 000's)
AUM sub-total (CAD
Canadian dollar
The Canadian dollar is the currency of Canada. As of 2007, the Canadian dollar is the 7th most traded currency in the world. It is abbreviated with the dollar sign $, or C$ to distinguish it from other dollar-denominated currencies...

 000's)
IGM Financial Inc.   108,178,800
Investors Group Inc. Investors Masterseries Funds 61,180,000
Mackenzie Financial Corporation
Mackenzie Investments
Mackenzie Investments was founded in 1967 and is one of Canada’s largest investment management firms providing investment advisory and related services. With $68 billion in assets under management, Mackenzie Investments distributes its services through a diversified network of third-party financial...

Cundill Funds, Ivy Funds, Mackenzie Funds, Maxxum Funds, Focus Funds, Sentinel Funds, STAR Funds, Universal Funds, Keystone Funds 44,770,000
Counsel Group of Funds Counsel Funds 2,220,257
Royal Bank of Canada
Royal Bank of Canada
The Royal Bank of Canada or RBC Financial Group is the largest financial institution in Canada, as measured by deposits, revenues, and market capitalization. The bank serves seventeen million clients and has 80,100 employees worldwide. The company corporate headquarters are located in Toronto,...

  
RBC Asset Management Inc. RBC Funds 111,570,000
CI Fund Management Inc.   CI Mutual Funds Inc. CI Mutual Funds 51,854,000
Toronto-Dominion Bank
Toronto-Dominion Bank
The Toronto-Dominion Bank , is the second-largest bank in Canada by market capitalization and based on assets. It is also the sixth largest bank in North America. Commonly known as TD and operating as TD Bank Group, the bank was created in 1955 through the merger of the Bank of Toronto and the...

  
TD Asset Management TD Mutual Funds 58,978,000
Invesco   Invesco Trimark Investments Invesco Funds, Trimark Funds, PowerShare Funds/ETFs 20,430,000
Canadian Imperial Bank of Commerce
Canadian Imperial Bank of Commerce
The Canadian Imperial Bank of Commerce is one of Canada's chartered banks, fifth largest by deposits. The bank is headquartered at Commerce Court in Toronto, Ontario. CIBC's Institution Number is 010, and its SWIFT code is CIBCCATT....

  
CIBC Asset Management CIBC Mutual Funds 51,900,000
FMR Corp.
Fidelity Investments
FMR LLC or Fidelity Investments is an American multinational financial services corporation one of the largest mutual fund and financial services groups in the world. It was founded in 1946 and serves North American investors. Fidelity Ventures is its venture capital arm...

  
Fidelity Investments Canada Limited Fidelity funds 42,433,811
Bank of Montreal
Bank of Montreal
The Bank of Montreal , , or BMO Financial Group, is the fourth largest bank in Canada by deposits. The Bank of Montreal was founded on June 23, 1817 by John Richardson and eight merchants in a rented house in Montreal, Quebec. On May 19, 1817 the Articles of Association were adopted, making it...

  
38,800,000
BMO Investments Inc. BMO Mutual Funds 33,125,440
Guardian Capital Group
Guardian Capital Group
Guardian Capital Group , founded in 1962, operates several fully owned subsidiaries whose operations are to provide investment management services, financial advisory services, retail distribution of mutual funds, insurance, and general corporate services. Guardian Capital Group is headquartered in...

  
Guardian Capital LP Guardian Group of Funds Ltd. 14,500,000
AGF Management Limited
AGF Management Limited
AGF Management Limited, American Growth Fund, is a Canadian investment management company with offices across Canada and subsidiaries around the world. Founded in 1957, AGF serves more than one million investors...

  
AGF Funds Inc. AGF Funds 27,800,000
Franklin Resources Inc.   Franklin Templeton Investments Corp. Templeton Funds, Franklin Funds, Bissett Funds, Mutual Series Funds, Franklin Templeton Funds 25,220,000
Phillips Hager & North Ltd.   Phillips Hager & North Ltd. PH&N investment funds 21,000,000
Dundee Corporation   Goodman & Company, Investment Counsel Ltd. Dynamic Mutual Funds 23,600,000
Bank of Nova Scotia   Scotia Securities Inc. Scotia Mutual Funds 22,608,000
CMA Holdings Incorporated
Canadian Medical Association
The Canadian Medical Association , with more than 70,000 members, is the largest association of doctors in Canada and works to represent their interests nationally. It formed in 1867, three months after Confederation...

  
MD Management Limited MD Mutual Funds 15,800,000
National Bank of Canada
National Bank of Canada
National Bank of Canada is the 6th largest bank and 8th largest financial institution in Canada. The bank's headquarters are in Montreal, Quebec....

  
13,180,000
Natcan Investment Management National Bank Mutual Funds 9,000,000
Altamira Investment Services Inc. Altamira mutual funds 4,182,000
Fédération des caisses Desjardins du Québec   12,600,000
Northwest Mutual Funds Inc. Northwest Mutual Funds 4,700,000
Manulife Financial Corporation
Manulife Financial
Manulife Financial Corporation , is a Canadian insurance company and financial services provider. Manulife Financial's global head office is located in Toronto, Canada and the Company has operations in 21 countries and territories worldwide.The Company operates in Canada and Asia through the brand...

  
Manulife Investments Manulife Mutual Funds 10,300,000
AIC Limited
AIC Limited
AIC Limited is a Canadian mutual fund company which commenced operations in 1985, as Total Finance. AIC was purchased in 1987, by Michael Lee-Chin, Chairman, and has assets under management of just over $5.6 billion as of May 2008 IFIC numbers...

  
AIC Investment Services Inc. AIC Funds 5,640,000
Industrial Alliance Insurance and Financial Services Inc.   IA Clarington Investments Inc. IA Clarington Funds, Clarington Funds, IA Funds, R Funds 8,050,000
Brandes Investment Partners, L.P.   Brandes Investment Partners, L.P. Brandes mutual funds 5,187,000
HSBC Holdings plc  HSBC Investments (Canada) Limited HSBC Investment Funds 5,580,000
Standard Life plc  Standard Life Mutual Funds Ltd. Standard Life Mutual Funds 4,600,000
Acuity Funds Ltd.   Acuity Funds Ltd. Acuity Mutual Funds 3,594,000
Saxon Financial Inc.   Saxon Funds Management Limited Saxon Mutual Funds 2,129,000
Ethical Funds Inc.   Ethical Funds Inc. Ethical Funds 2,420,000
Mawer Investment Management Ltd.   Mawer Investment Management Ltd. Mawer Mutual Funds 1,969,000
Sentry Select Capital Corp.   Sentry Select Capital Corp. Sentry Select mutual funds 7,543,000
Sceptre Investment Counsel Limited   Sceptre Investment Counsel Limited Sceptre Mutual Funds 1,349,000
O'Leary Funds   O'Leary Funds O'Leary Funds 1,500,000 Total of non-reporting members 64,865,957
Other reporting IFIC members with less than CAD
Canadian dollar
The Canadian dollar is the currency of Canada. As of 2007, the Canadian dollar is the 7th most traded currency in the world. It is abbreviated with the dollar sign $, or C$ to distinguish it from other dollar-denominated currencies...

$1 billion assets under management
Assets under management
Assets under management is a financial term used denote the market value of funds being managed by a financial instutition on behalf of its clients, investors, depositors, etc. This metric is a sign of size and success against competition...

3,211,000


Same list above, but in truncated form using Dec 31st 2006 Data:
  1. IGM Financial (InvestorsGroup & Mackenzie): $106,358,576
  2. Royal Bank of Canada (RBC Asset Management): $71,842,336
  3. CI Fund Management Inc. (CI Mutual Funds Inc.): $51,854,000
  4. Toronto-Dominion Bank (TD Asset Management): $51,064,006
  5. AMVESCAP (AIM Trimark): $49,088,604
  6. Canadian Imperial Bank of Commerce (CIBC Asset Management): $49,087,624
  7. FMR Corporation (Fidelity): $39,386,006
  8. Bank of Montreal (BMO Investments/Guardian Group of Funds): $35,415,728
  9. AGF Management Limited (AGF Funds): $27,717,631
  10. Franklin Resources (Franklin Templeton Investments): $26,138,760
  11. Phillips Hager & North Ltd.: $18,599,198
  12. Dundee Corporation (Dynamic): $17,935,535
  13. Bank of Nova Scotia: $16,385,129
  14. CMA Holdings Incorporated: $12,599,090
  15. National Bank of Canada (Natcan/Altamira): $11,742,594
  16. Fédération des caisses Desjardins du Québec: $10,803,843
  17. Manulife: $8,723,606
  18. AIC: $8,684,500
  19. Industrial Alliance Insurance and Financial Services Inc.: $6,682,152
  20. Brandes Investment Partners: $5,859,140
  21. HSBC (Canada) Investments: $4,366,067
  22. Standard Life: $4,129,984
  23. Acuity Funds: $3,879,242
  24. Saxon Financial: $2,208,422
  25. Ethical Funds Inc.: $2,006,498
  26. Mawer Investment Management: $1,973,489
  27. Sentry Select Capital Corp.: $7,165,925
  28. Sceptre Investment Counsel: $1,013,208
  29. Other non-reporting IFIC members: $10,364,450
  30. Other reporting IFIC members: $3,211,229

See also

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