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Canadian investment fund industry

Canadian investment fund industry,this happen last month in general was a particularly difficult one for the Canadian mutual fund industry with net redemptions on equity funds declining 84 percent from the previous October totals.  In total, net redemptions on equity funds in October combined to approximately $1.52 billion. In spite of this, the gold and precious metal fund market appeared to demonstrate continued demand. Familiar to gold investors, long term wealth management firm Sprott (TSX:SII) reported $655 million of net sales during the third quarter, including $306 million from an follow-on offering on its Sprott Physical Gold Trust