List of mutual fund companies in Canada

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Ranked by Canadian mutual fund assets under management (AUM), as of December 31, 2006

Ultimate parent Company Canadian mutual fund brands AUM parent Cdn total (CAD 000's) AUM sub-total (CAD 000's)
IGM Financial Inc. Flag of Canada 106,358,576
Investors Group Inc. Investors Masterseries Funds 58,215,827
Mackenzie Financial Corporation Cundill Funds, Ivy Funds, Mackenzie Funds, Maxxum Funds, Focus Funds, Sentinel Funds, STAR Funds, Universal Funds, Keystone Funds 46,492,923
Counsel Group of Funds Counsel Funds 1,649,826
Royal Bank of Canada Flag of Canada RBC Asset Management Inc. RBC Funds 71,842,336
CI Fund Management Inc. Flag of Canada CI Mutual Funds Inc. CI Mutual Funds 51,854,000[1]
Toronto-Dominion Bank Flag of Canada TD Asset Management TD Mutual Funds 51,064,006
AMVESCAP plc Flag of United Kingdom AIM Trimark Investments AIM Funds, Trimark Funds 49,088,604
Canadian Imperial Bank of Commerce Flag of Canada CIBC Asset Management CIBC Mutual Funds 49,087,624
FMR Corp. Flag of United States Fidelity Investments Canada Limited Fidelity funds 39,386,006
Bank of Montreal Flag of Canada 35,415,728
BMO Investments Inc. BMO Mutual Funds 29,428,245
Guardian Group of Funds Ltd. GGOF Funds 5,987,483
AGF Management Limited Flag of Canada AGF Funds Inc. AGF Funds 27,717,631
Franklin Resources Inc. Flag of United States Franklin Templeton Investments Corp. Templeton Funds, Franklin Funds, Bissett Funds, Mutual Series Funds, Franklin Templeton Funds 26,138,760
Phillips Hager & North Ltd. Flag of Canada Phillips Hager & North Ltd. PH&N investment funds 18,599,198
Dundee Corporation Flag of Canada Goodman & Company, Investment Counsel Ltd. Dynamic Mutual Funds 17,935,535
Bank of Nova Scotia Flag of Canada Scotia Securities Inc. Scotia Mutual Funds 16,385,129
CMA Holdings Incorporated Flag of Canada MD Management Limited MD Mutual Funds 12,599,090
National Bank of Canada Flag of Canada 11,742,594
Natcan Investment Management National Bank Mutual Funds 7,904,421
Altamira Investment Services Inc. Altamira mutual funds 3,838,173
Fédération des caisses Desjardins du Québec Flag of Canada 10,803,843
Fédération des caisses Desjardins du Québec Desjardins Funds 8,530,701
Northwest Mutual Funds Inc. Northwest Mutual Funds 2,273,142
Manulife Financial Corporation Flag of Canada Manulife Investments Manulife Mutual Funds 8,723,606
AIC Limited Flag of Canada AIC Investment Services Inc. AIC Funds 8,684,500
Industrial Alliance Insurance and Financial Services Inc. Flag of Canada IA Clarington Investments Inc. IA Clarington Funds, Clarington Funds, IA Funds, R Funds 6,682,152
Brandes Investment Partners, L.P. Flag of United States Brandes Investment Partners, L.P. Brandes mutual funds 5,859,140
HSBC Holdings plc Flag of United Kingdom HSBC Investments (Canada) Limited HSBC Investment Funds 4,366,067
Standard Life plc Flag of United Kingdom Standard Life Mutual Funds Ltd. Standard Life Mutual Funds 4,129,984
Acuity Funds Ltd. Flag of Canada Acuity Funds Ltd. Acuity Mutual Funds 3,879,242
Saxon Financial Inc. Flag of Canada Saxon Funds Management Limited Saxon Mutual Funds 2,208,422
Ethical Funds Inc. Flag of Canada Ethical Funds Inc. Ethical Funds 2,006,498
Mawer Investment Management Ltd. Flag of Canada Mawer Investment Management Ltd. Mawer Mutual Funds 1,973,489
Sentry Select Capital Corp. Flag of Canada Sentry Select Capital Corp. Sentry Select mutual funds 1,165,925
Sceptre Investment Counsel Limited Flag of Canada Sceptre Investment Counsel Limited Sceptre Mutual Funds 1,013,208
Total of non-reporting members not listed above 10,364,450[2]
Other reporting IFIC members with less than CAD$1 billion assets under management 3,211,229




Same list above, but in truncated form:

  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. Allianz (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.: $1,165,925
  28. Sceptre Investment Counsel: $1,013,208
  29. Other non-reporting IFIC members: $10,364,450
  30. Other reporting IFIC members: $3,211,229

[edit] Footnotes

  1. ^ CI is a non-reporting member of the Investment Funds Institute of Canada. AUM reference is the CI Investments website -- About Us, URL accessed 13 February 2007.
  2. ^ Calculated based on the 62,218,450 from IFIC's website, less the 51,584,000 reported CI Investments website. CI Investments is shown above.

[edit] See also