Billions of dollars keep fleeing Canadian mutual funds

[shockedcanadian]

The Canadian career government employees in concert with the Creepy Ones who have assured our economic demise, lack of innovation and global reputation for spitting on human rights will come on to remind us all how Canada is the greatest nation on earth (it's just the 8th month in a row global investors have wisely moved on).

We lose our best and brightest, reward nepotism, defend the police state kakistocracy and watch the world move their money elsewhere while poaching our talent whom don't want to be managed by the sons and daughters of cops.

Billions of dollars keep fleeing Canadian mutual funds

It's the eighth month in a row that Canadian mutual funds have seen net redemptions.

ca.finance.yahoo.com

Canadian mutual funds suffered yet another month of large net outflows in November.

The latest data from the Investment Funds Institute of Canada (IFIC) show $8.7 billion was pulled overall from Canadian mutual funds, marking the eighth month in a row of net redemptions.

Investors pulled money out of balanced, equity, bond and specialty funds, while the traditionally safer money market funds saw a modest net inflow of $551 million.

"2022 has been a challenging year for investors both in terms of volatility and asset class returns. Both stock and bond returns have been negative in 2022. Investors have reacted to this environment by pulling away from markets with their concerns potentially being for continued volatility and poor returns into the future," Anish Chopra, managing director at Portfolio Management Corporation, told Yahoo Finance Canada in an email.

 

[Toro]

Trillions of dollars have fled American mutual funds.

It's all going to ETFs.

Never thought I'd see the day.

 

[Manonthestreet]

Wouldn't it be wise to get out before the crash

 

[Baron Von Murderpaws]

This is what TruDerp wants. He's converting Canada into a slave camp for his Islamic masters.

Driving out the economic factors that give citizens jobs and make them a wage, creating a suicidal healthcare system that wants anybody over 50 dead, and is trying to get everybody under 50 hooked on drugs for easy control.

And much like the lazy fucking Americans that have allowed Biden and his Demonicrat puppet handlers to exist and defile the USA, instead of exterminating them en-mass.............the Canadians are doing the same with their country.

Don't blame the government YOU allow to rule, fester, and overtake in the name of EVIL..............if you don't like it, change it. Exterminate those that are turning your country into a cesspit of degredation and death.

 

[shockedcanadian]

This is what TruDerp wants. He's converting Canada into a slave camp for his Islamic masters.

Driving out the economic factors that give citizens jobs and make them a wage, creating a suicidal healthcare system that wants anybody over 50 dead, and is trying to get everybody under 50 hooked on drugs for easy control.

And much like the lazy fucking Americans that have allowed Biden and his Demonicrat puppet handlers to exist and defile the USA, instead of exterminating them en-mass.............the Canadians are doing the same with their country.

Don't blame the government YOU allow to rule, fester, and overtake in the name of EVIL..............if you don't like it, change it. Exterminate those that are turning your country into a cesspit of degredation and death.

Huh?

Have you been into some extra strength egg nog this weeked?