SIMA Monthly Investment Fund Statistics – September 2026

Tuesday at 5:52pm ADT · October 20, 2026 3 min read

Mutual fund and exchange-traded fund (ETF) assets and sales

TORONTO, Oct. 20, 2026 /CNW/ — The Securities and Investment Management Association (SIMA) today announced investment fund net sales and net assets for September 2026.

Mutual fund assets totalled $2.786 trillion at the end of September, down by $15.6 billion or 0.6 per cent since August. Mutual fund net redemptions were $0.3 billion in September.

ETF assets totalled $936.2 billion at the end of September, up by $12.0 billion or 1.3 per cent since August. ETF net sales were $17.7 billion in September.

September insights

  • ETF assets reached a new all-time high for the sixth consecutive month, while mutual fund assets declined from August’s record level.
  • Mutual funds recorded modest net redemptions, ending a 16-month run of positive net sales. Long-term fund flows were flat, with money market funds accounting for most of the net outflows.
  • Equity ETFs attracted $11.5 billion in September, accounting for nearly two-thirds of total ETF net sales and bringing year-to-date equity ETF inflows above $100 billion.
  • Net sales for the first nine months of 2026 remained well ahead of the same period last year, rising 31 per cent for mutual funds and 81 per cent for ETFs.

Mutual fund net sales/net redemptions ($ millions)*

Asset class

Sep 2026

Aug 2026

Sep 2025

YTD 2026

YTD 2025

Long-term funds






     Balanced

121

1,124

1,040

12,119

(738)

     Equity

(800)

573

88

2,593

(6,904)

     Bond

(245)

1,879

2,245

16,537

22,451

 Specialty

914

1,162

752

9,776

9,408

Total long-term funds

(9)

4,738

4,125

41,024

24,218

Total money market funds

(289)

(9)

(232)

(2,380)

5,332

Total

(298)

4,729

3,893

38,644

29,550

Mutual fund net assets ($ billions)* 

Asset class

Sep 2026

Aug 2026

Sep 2025

Dec 2025

Long-term funds





     Balanced

1,187.2

1,196.3

1,086.0

1,099.3

     Equity

1,127.8

1,129.8

975.2

987.5

     Bond

337.9

343.0

315.5

323.0

     Specialty

68.3

67.7

50.3

54.2

Total long-term funds

2,721.2

2,736.8

2,427.0

2,464.1

Total money market funds

64.7

64.8

63.1

65.7

Total

2,785.9

2,801.6

2,490.1

2,529.8


*   See below for important information about this data.

ETF net sales/net redemptions ($ millions)*

Asset class

Sep 2026

Aug 2026

Sep 2025

YTD 2026

YTD 2025

Long-term funds






     Balanced

1,018

1,010

1,070

12,168

7,236

     Equity

11,505

10,109

5,729

103,531

43,786

     Bond

3,300

3,927

3,673

28,192

21,004

 Specialty

1,199

493

1,708

9,768

8,960

Total long-term funds

17,021

15,539

12,180

153,658

80,985

Total money market funds

711

(60)

236

1,877

5,110

Total

17,731

15,479

12,415

155,534

86,095

ETF net assets ($ billions)* 

Asset class

Sep 2026

Aug 2026

Sep 2025

Dec 2025

Long-term funds





     Balanced

54.3

53.6

33.9

38.3

     Equity

628.3

619.8

422.9

456.7

     Bond

169.4

168.6

138.6

146.0

     Specialty

46.9

45.7

35.4

36.8

Total long-term funds

898.9

887.7

630.9

677.8

Total money market funds

37.3

36.5

33.0

35.3

Total

936.2

924.2

663.9

713.0

*   See below for important information about data.

SIMA direct survey data (which accounts for approximately 87 per cent of total mutual fund industry assets and approximately 80 per cent of total ETF industry assets) is complemented by estimated data to provide comprehensive industry totals.

SIMA makes every effort to verify the accuracy, currency, and completeness of the information, however, SIMA does not guarantee, warrant, represent or undertake that the information provided is correct, accurate or current.

© The Securities and Investment Management Association. No reproduction or republication in whole or in part is permitted without permission.

* Important information about investment fund data

  1. Mutual fund data is adjusted to remove double counting arising from mutual funds that invest in other mutual funds.
  2. Starting with January 2022 data, ETF data is adjusted to remove double counting arising from Canadian-listed ETFs that invest in units of other Canadian-listed ETFs. Any references to SIMA ETF assets and sales figures prior to 2022 data should indicate that the data has not been adjusted for ETF of ETF double counting.
  3. The balanced funds category includes funds that invest directly in a mix of stocks and bonds or obtain exposure through investing in other funds.
  4. Mutual fund data reflects the investment activity of Canadian retail investors.
  5. ETF data reflects the investment activity of Canadian retail and institutional investors.

About SIMA

The Securities and Investment Management Association empowers Canada’s investment industry. The association is the leading voice for the securities and investment management industry, which oversees approximately $4.5 trillion in assets for over 20 million investors. Our members–including investment fund managers, investment and mutual fund dealers, capital markets participants, and professional service providers–are committed to creating a resilient, innovative investment sector that fuels long-term economic growth and creates opportunities for all Canadians.

SOURCE Securities and Investment Management Association

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