Summary - Canadian Industry Statistics

Open-End Investment Funds - 52691

Definition

This class comprises funds primarily engaged in investing in a specialized (except real estate) or a diversified portfolio of securities and other investments on behalf of their shareholders/unit holders. Shares are offered in an initial public offering, after which additional shares are offered continuously. Shares are redeemed at the market price, as determined by the net asset value.

Exclusions

No exclusions are specified in the 2012 NAICS Canada manual.

Businesses

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Salaries and wages

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