Canadian mutual funds take another tumble.

Publication: Europe Intelligence Wire

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COPYRIGHT 2004 Financial Times Ltd.

(From Funds International)

The tale of woe continued to flow from the Canadian mutual fund industry with the release of data for September by the Investment Funds Institute of Canada (IFIC).

The IFIC reported net redemptions, excluding income reinvested, of C$545.4 million ($445 million), the second worst figure for...

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