TORONTO, ONTARIO — (Marketwire) — 01/02/12 — Editors Note: There is one photo associated with this press release.
: The and its concept of investing pooled money with professional money management and a single objective of making more money while preserving capital and taking advantage of certain known opportunities is the essence of . Since about 1774 when the Dutch first came up with this collective money making scheme it has had it-s fair share of scandals, market volatility and challenges from new and competing products. have had to endure market effects and volatility along with the threat of other competing products and services but have always learned to re-invent themselves.
Online , news and data are required with a more demanding and savvy intergeneration-wealth client. expect and will get clout out of the Internet and mutual fund investor solidarity will change the landscape just like ethical or green investing. A mutual fund company must understand that there are new ways to do business and all mutual fund companies will have to adapt to the new social media demands, platforms and networks or suffer the consequences.
In Canada goes back to the early 60-s when these types of investment were for the wealthy and well to do. The average Canadian felt this type of investment was only for the rich and elite. By the time the 80-s came about these Mutual Funds gathered an undeniable track record and more and more Canadian bought in to the program and the entire Mutual Fund Market soared to greater heights. The fund market had quietly grown from 25 billion in 1980 to over 773 billion in 2012 and settling back to new all time mutual fund market high-s. Mutual Fund Companies are doing well by way of markets, market share and market growth with less and less players available and more and more consolidation affects the level playing field and hampers the idea of more efficient markets.
For almost 75 years, Canada-s has helped Canadians save for their future and increase their wealth by providing access to the world- s capital markets – access that had once been available exclusively to large institutional investors. Mutual Fund Advisors play a pivotal role in the sales of mutual funds in Canada and are the preferred choice of sales, service and selection compare to retail sold bank funds.
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Contacts:
James Dean
416-360-0000