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Canadian mutual funds give near-worst performance on record in 2008: Morningstar (The Canadian Press via Yahoo! Canada News) TORONTO - Canadian equity funds had one of worst performances on record last year with 23 of the 24 equity fund indices monitored by Morningstar Canada losing more than 20 per cent.

Canadian mutual funds give near-worst performance on record in 2008: Morningstar (Canadian Business) TORONTO - Canadian equity funds had one of worst performances on record last year with 23 of the 24 equity fund indices monitored by Morningstar

Brutal year for financial and resource mutual funds (The Globe and Mail) Even some bond funds lost money in 2008, Globefund says

Brutal year for financial and resource mutual funds (The Globe and Mail) All stock and balanced funds lost money in 2008, but those targeting the financial services and natural resources sectors got hit the hardest, according to preliminary figures released Monday by Globefund.

December fund outflows expected to total $730-million (The Globe and Mail) Canadian investors pulled an estimated $730-million from mutual funds in December amid continued market gyrations and tax-loss selling.

Investment Planning Counsel Inc. Reports December 2008 Mutual Fund Assets Under Management and Sales (Marketwire via Yahoo! Finance) Counsel Group of Funds Inc. a division of Investment Planning Counsel, Inc. today reported preliminary mutual fund assets under management and sales for the month ending December 31, 2008 as follows:

Mutual funds battered in 2008: Morningstar (CBC via Yahoo! Canada News) Twenty-three of the 24 equity fund indices Morningstar Research tracks posted losses of more than 20 per cent last year, and 20 of them had their worst year in at least a quarter-century, the company said Monday.

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