The Canadian mutual fund industry has experienced significant setbacks since the credit crisis in 2007. The growing lack of credibility with global capital markets has caused general public skepticism and market risk aversion. The total landscape of the Canadian mutual fund industry has structurally changed as investors re-evaluate their retirement savings plan and seek alternative sources of capital preservation.
The mutual fund landscape has changed since the credit crisis began:
- The effects of HST in BC and Ontario
- The proliferation of ETFs and the systematic threat of market
- Sediment of mutual fund investors post flash crash