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Here are the 100 largest mutual funds in Canada as ranked by Fundata Canada Inc. according to total assets at Dec. 31, 2017. Assets for all the various series of a fund are grouped together, while returns and fees are shown for the series with the longest history. Fund and benchmark returns are 10-year annualized returns to Dec. 31, 2017. Note: Return numbers are rounded - this explains why the differential between fund and benchmark return may appear not to add up in some cases.*
| Fund Name | Total Assets ($Millions) | Fund | Benchmark | Differential between fund return and benchmark | Most recent MER | 2013 MER | 5-Year MER Change |
|---|---|---|---|---|---|---|---|
| RBC Select Balanced Portfolio Series A | 28,245.50 | 4.6 | 7.1 | -2.6 | 1.94 | 1.94 | 0.00 |
| RBC Select Conservative Portfolio Series A | 27,164.33 | 4.1 | 7.1 | -3.1 | 1.84 | 1.85 | -0.01 |
| RBC Canadian Dividend Fund Series A | 18,792.40 | 5.8 | 4.6 | 1.2 | 1.76 | 1.79 | -0.03 |
| RBC Bond Fund Series A | 18,546.46 | 4.2 | 4.7 | -0.4 | 1.11 | 1.22 | -0.11 |
| Investors Dividend Fund Series C | 16,860.18 | 4.4 | 4.9 | -0.5 | 2.80 | 2.83 | -0.03 |
| TD Canadian Bond Fund - Investor Series | 15,502.73 | 4.0 | 4.7 | -0.7 | 1.10 | 1.11 | -0.01 |
| Fidelity Monthly Income Fund Series A | 11,301.09 | 5.7 | 4.9 | 0.8 | 2.28 | 2.32 | -0.04 |
| RBC Global Corporate Bond Fund Series A | 9,847.93 | 4.8 | 5.7 | -0.8 | 1.75 | 1.75 | 0.00 |
| PH&N Bond Fund Series D | 9,742.79 | 4.5 | 4.7 | -0.1 | 0.60 | 0.60 | 0.00 |
| Manulife Strategic Income Fund Advisor Series | 9,390.62 | 7.2 | 5.7 | 1.5 | 2.00 | 2.07 | -0.07 |
| TD Managed Income Portfolio - Inv | 9,235.09 | 3.7 | 4.9 | -1.2 | 1.86 | 2.08 | -0.22 |
| RBC Select Growth Portfolio Series A | 8,767.40 | 4.4 | 7.4 | -3.1 | 2.04 | 2.05 | -0.01 |
| TD Monthly Income Fund - Inv | 8,625.97 | 5.7 | 4.9 | 0.8 | 1.47 | 1.48 | -0.01 |
| Manulife Monthly High Income Fund Advisor Series | 8,480.06 | 6.1 | 4.9 | 1.2 | 2.02 | 2.11 | -0.09 |
| PH&N Total Return Bond Fund Series D | 8,443.97 | 4.5 | 4.7 | -0.2 | 0.58 | 0.59 | -0.01 |
| Fidelity NorthStar Fund Series A | 8,398.68 | 6.5 | 8.9 | -2.4 | 2.54 | 2.59 | -0.05 |
| RBC Monthly Income Fund Series A | 8,298.48 | 5.0 | 4.9 | 0.0 | 1.20 | 1.20 | 0.00 |
| Signature High Income Fund Class A | 8,238.11 | 5.9 | 7.1 | -1.2 | 1.59 | 1.60 | -0.01 |
| TD Dividend Growth Fund - Inv | 7,521.35 | 5.8 | 4.6 | 1.2 | 2.02 | 2.03 | -0.01 |
| Fidelity Canadian Balanced Fund Series A | 7,102.38 | 5.2 | 4.9 | 0.3 | 2.27 | 2.31 | -0.04 |
| RBC European Equity Fund Series A | 7,062.62 | 2.8 | 4.3 | -1.5 | 2.15 | 2.27 | -0.12 |
| RBC Global Bond Fund Series A | 6,792.80 | 3.5 | 5.7 | -2.2 | 1.61 | 1.78 | -0.17 |
| Scotia Canadian Dividend Fund Series A | 6,774.68 | 5.9 | 4.6 | 1.2 | 1.73 | 1.73 | 0.00 |
| TD Managed Income & Moderate Growth Portfolio Inv | 6,728.58 | 4.0 | 7.1 | -3.1 | 2.06 | 2.28 | -0.22 |
| TD Short Term Bond Fund - Investor Series | 6,256.26 | 2.4 | 4.7 | -2.3 | 1.10 | 1.11 | -0.01 |
| Mawer International Equity Fund Series A | 6,253.80 | 6.8 | 4.9 | 1.9 | 1.40 | 1.49 | -0.09 |
| Investors Income Plus Portfolio Series C | 5,777.64 | 3.0 | 4.9 | -1.8 | 2.41 | 2.42 | -0.01 |
| RBC Balanced Fund Series A | 5,737.35 | 3.2 | 4.9 | -1.7 | 2.16 | 2.36 | -0.20 |
| Investors Mortgage and Short Term Income Fd C | 5,575.94 | 1.5 | 4.7 | -3.2 | 1.97 | 1.96 | 0.01 |
| Capital Group Global Equity Fund (Canada) Ser A | 5,512.10 | 7.9 | 7.7 | 0.2 | 2.01 | 2.11 | -0.10 |
| RBC Canadian Short-Term Income Fund Series A | 5,498.80 | 2.1 | 4.7 | -2.6 | 1.04 | 1.22 | -0.18 |
| Fidelity Canadian Large Cap Fund Series A | 5,402.38 | 8.4 | 4.6 | 3.7 | 2.51 | 2.52 | -0.01 |
| Investors Real Property Fund Series C | 5,315.75 | 2.2 | 4.6 | -2.4 | 2.72 | 2.70 | 0.02 |
| Fidelity Canadian Asset Allocation Fund Ser A | 5,295.14 | 3.6 | 4.9 | -1.3 | 2.44 | 2.48 | -0.04 |
| Signature Income & Growth Fund Class A | 5,228.48 | 5.5 | 7.1 | -1.6 | 2.41 | 2.43 | -0.02 |
| BMO Dividend Fund Series A | 5,165.37 | 5.1 | 4.6 | 0.5 | 1.80 | 1.80 | 0.00 |
| Sentry Canadian Income Fund Series A | 5,017.74 | 8.4 | 4.6 | 3.7 | 2.34 | 2.70 | -0.36 |
| TD Canadian Equity Fund - Inv | 5,016.16 | 2.8 | 4.6 | -1.8 | 2.17 | 2.18 | -0.01 |
| TD Managed Balanced Growth Portfolio - Inv | 4,982.42 | 4.3 | 7.1 | -2.8 | 2.20 | 2.42 | -0.22 |
| BMO SelectTrust Balanced Portfolio Series C | 4,927.88 | 5.1 | 7.1 | -2.0 | 2.19 | 2.54 | -0.35 |
| Russell Investments Fixed Income Pool Series B | 4,925.72 | 4.2 | 4.7 | -0.5 | 1.43 | 1.44 | -0.01 |
| Fidelity True North Fund Series A | 4,897.31 | 3.9 | 4.6 | -0.7 | 2.45 | 2.51 | -0.06 |
| Cambridge Canadian Equity Corporate Class A | 4,879.22 | 8.0 | 4.6 | 3.4 | 2.44 | 2.44 | 0.00 |
| TD Dividend Income Fund - Inv | 4,633.80 | 5.4 | 4.9 | 0.6 | 2.03 | 2.03 | 0.00 |
| Compass Conservative Balanced Portfolio Series A | 4,530.51 | 6.0 | 4.9 | 1.2 | 1.60 | 1.63 | -0.03 |
| Cambridge Asset Allocation Corporate Class A | 4,466.39 | 5.5 | 7.1 | -1.6 | 2.45 | 2.44 | 0.01 |
| Mackenzie Ivy Foreign Equity Fund Series A | 4,433.35 | 6.6 | 7.7 | -1.1 | 2.50 | 2.60 | -0.10 |
| CIBC Monthly Income Fund Class A | 4,388.25 | 3.5 | 4.9 | -1.4 | 1.47 | 1.48 | -0.01 |
| BMO Monthly Income Fund Series A | 4,377.21 | 5.0 | 4.9 | 0.1 | 1.57 | 1.57 | 0.00 |
| Compass Balanced Portfolio Series A | 4,321.20 | 6.5 | 7.1 | -0.6 | 1.81 | 1.84 | -0.03 |
| TD Income Advantage Portfolio - Investor Series | 4,312.38 | 4.0 | 4.9 | -0.9 | 1.66 | 1.66 | 0.00 |
| Desjardins Enhanced Bond Fund A Class | 4,157.79 | 3.4 | 4.7 | -1.3 | 1.64 | 1.76 | -0.12 |
| Epoch Global Equity Fund - Adviser Series | 4,156.44 | 5.5 | 7.7 | -2.1 | 2.50 | 2.54 | -0.04 |
| Trimark Fund Series A | 4,125.94 | 5.7 | 7.7 | -2.0 | 2.69 | 2.86 | -0.17 |
| RBC U.S. Dividend Fund Series A | 4,097.41 | 7.6 | 11.0 | -3.4 | 1.94 | 2.09 | -0.15 |
| Desjardins Canadian Bond Fund A Class | 4,079.85 | 3.1 | 4.7 | -1.6 | 1.57 | 1.63 | -0.06 |
| Investors U.S. Large Cap Value Fund Series C | 4,033.33 | 6.7 | 11.0 | -4.4 | 2.96 | 2.95 | 0.01 |
| PH&N High Yield Bond Fund Series D | 3,975.54 | 7.2 | 10.5 | -3.2 | 0.87 | 0.87 | 0.00 |
| Portfolio Series Balanced Fund Class A | 3,937.13 | 4.7 | 7.1 | -2.4 | 2.43 | 2.45 | -0.02 |
| RBC Managed Payout Solution Series A | 3,831.62 | 4.2 | 4.9 | -0.7 | 1.63 | 1.63 | 0.00 |
| TD Canadian Value Fund - Inv | 3,774.16 | 2.2 | 4.6 | -2.4 | 2.16 | 2.17 | -0.01 |
| RBC Global High Yield Bond Fund Series A | 3,648.87 | 6.4 | 10.5 | -4.0 | 1.81 | 1.79 | 0.02 |
| Scotia Partners Growth Portfolio Series A | 3,521.77 | 5.3 | 7.4 | -2.2 | 2.33 | 2.43 | -0.10 |
| RBC Canadian Equity Income Fund Series A | 3,519.23 | 11.2 | 4.6 | 6.6 | 1.92 | 2.09 | -0.17 |
| Franklin Bissett Canadian Equity Fund Series A | 3,471.89 | 5.7 | 4.6 | 1.0 | 2.46 | 2.47 | -0.01 |
| Signature Canadian Bond Fund Class A | 3,345.95 | 3.3 | 4.7 | -1.4 | 1.69 | 1.68 | 0.01 |
| Allegro Balanced Portfolio Series C | 3,335.84 | 2.9 | 7.1 | -4.2 | 2.66 | 2.68 | -0.02 |
| Harbour Growth & Income Fund Class A | 3,233.45 | 2.8 | 7.1 | -4.3 | 2.43 | 2.44 | -0.01 |
| Fidelity Income Allocation Fund Series A | 3,176.33 | 5.8 | 4.9 | 1.0 | 1.95 | 2.00 | -0.05 |
| Investors Canadian Bond Fund Series C | 3,174.93 | 3.1 | 4.7 | -1.6 | 1.81 | 1.81 | 0.00 |
| Signature Corporate Bond Fund Class A | 3,152.39 | 5.5 | 10.5 | -5.0 | 2.11 | 2.10 | 0.01 |
| Mawer Balanced Fund Series A | 3,109.00 | 7.6 | 7.1 | 0.5 | 0.92 | 0.96 | -0.04 |
| Trimark Income Growth Fund Series A | 3,077.88 | 5.1 | 4.9 | 0.3 | 2.56 | 2.63 | -0.07 |
| RBC North American Value Fund Series A | 3,074.78 | 7.9 | 4.6 | 3.3 | 1.94 | 2.11 | -0.17 |
| Renaissance Optimal Income Portfolio Class A | 3,074.74 | 4.5 | 4.9 | -0.4 | 1.98 | 1.97 | 0.01 |
| Scotia Partners Balanced Growth Portfolio Series A | 2,992.67 | 4.7 | 7.1 | -2.4 | 2.23 | 2.28 | -0.05 |
| MDPIM Canadian Equity Pool (Series A) | 2,975.10 | 4.1 | 4.6 | -0.5 | 1.37 | 1.37 | 0.00 |
| TD U.S. Blue Chip Equity Fund - Investor Series | 2,973.92 | 10.9 | 11.0 | -0.1 | 2.40 | 2.54 | -0.14 |
| Scotia Diversified Monthly Income Fund Series A | 2,970.96 | 4.7 | 4.9 | -0.2 | 1.46 | 1.47 | -0.01 |
| Mawer Canadian Equity Fund Series A | 2,907.70 | 8.0 | 4.6 | 3.4 | 1.17 | 1.21 | -0.04 |
| BMO U.S. Equity Fund Series A | 2,865.96 | 8.4 | 11.0 | -2.6 | 2.49 | 2.49 | 0.00 |
| RBC Global Dividend Growth Fund Series A | 2,822.14 | 5.3 | 7.7 | -2.4 | 2.14 | 2.26 | -0.12 |
| CIBC Managed Income Portfolio Class A | 2,802.81 | 3.5 | 4.9 | -1.3 | 1.80 | 1.80 | 0.00 |
| Black Creek Global Leaders Fund A | 2,775.59 | 9.8 | 7.7 | 2.1 | 2.47 | 2.59 | -0.12 |
| CIBC Managed Balanced Portfolio Class A | 2,774.37 | 4.2 | 7.1 | -2.9 | 2.25 | 2.25 | 0.00 |
| Fidelity Global Monthly Income Fund Series B | 2,766.65 | 5.6 | 7.1 | -1.5 | 2.23 | 2.33 | -0.10 |
| CIBC Canadian Bond Fund Class A | 2,751.58 | 4.0 | 4.7 | -0.7 | 1.43 | 1.46 | -0.03 |
| Investors Canadian Large Cap Value Fund Ser C | 2,735.12 | 2.4 | 4.6 | -2.3 | 2.94 | 2.94 | 0.00 |
| Canadian Fixed Income Pool Class A | 2,694.70 | 2.7 | 4.7 | -2.0 | 2.35 | 2.38 | -0.03 |
| Signature Select Canadian Fund Class A | 2,687.27 | 5.8 | 4.6 | 1.1 | 2.44 | 2.44 | 0.00 |
| Portfolio Series Income Fund Class A | 2,636.63 | 5.3 | 6.4 | -1.1 | 2.01 | 2.01 | 0.00 |
| RBC Managed Payout Solution - Enhanced - Series A | 2,621.62 | 4.4 | 4.9 | -0.4 | 1.83 | 1.83 | 0.00 |
| Dynamic Equity Income Fund Series A | 2,561.08 | 7.9 | 4.6 | 3.3 | 2.15 | 2.18 | -0.03 |
| CIBC Canadian Short-Term Bond Index Fund Class A | 2,527.11 | 2.1 | 4.7 | -2.5 | 1.09 | 1.09 | 0.00 |
| Investors Mutual of Canada Series C | 2,525.00 | 2.8 | 4.9 | -2.0 | 2.83 | 2.85 | -0.02 |
| Fidelity Canadian Growth Company Fund Series A | 2,509.25 | 8.5 | 4.6 | 3.9 | 2.45 | 2.52 | -0.07 |
| RBC Canadian Equity Fund Series A | 2,487.75 | 3.0 | 4.6 | -1.7 | 1.89 | 2.06 | -0.17 |
| Mackenzie Cundill Value Fund Series A | 2,449.99 | 3.5 | 7.7 | -4.2 | 2.50 | 2.59 | -0.09 |
| Allegro Balanced Growth Portfolio Ser C | 2,437.69 | 4.3 | 7.4 | -3.2 | 2.76 | 2.81 | -0.05 |
| BMO Canadian Equity Fund Series A | 2,433.14 | 3.9 | 4.6 | -0.8 | 2.39 | 2.39 | 0.00 |
| Total Top 100 assets | 566,764.81 | Averages: | -0.85 | 1.9863 | 2.0391 | -0.0528 | |
| Total mutual fund assets at Dec. 31, 2017 | 1,477,100 | ||||||
| Top 100 percentage share of total fund assets | 38.4 |
Fundata Canada Inc.; Fund company documents
*Returns and fees shown for the fund series with the longest history, excluding those specifically for fee-based accounts and for institutional accounts. // Notes: Benchmarks are widely followed stock and bond indexes, or blends of indexes, as chosen by Fundata. MERs as per the latest management report of fund performance for each fund. Rounding may affect some of the fee and MER comparisons.
Rob Carrick