Investment decision making among mutual fund and ETF investors in Canada 2020

Published by Statista Research Department, Feb 13, 2024
In 2020, almost half of Canadian investors investing in mutual funds or exchange traded funds (ETFs) sai d that they usually follow the recommendations from their advisors when making investment decisions. Only six percent of each group decided what to buy on their own.

Investment decision making among mutual fund investors and ETF investors in Canada in 2020

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Source

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Release date

September 2020

Region

Canada

Survey time period

May 28 to July 5, 2020

Number of respondents

1,638 respondents

Age group

18 years and older

Special properties

Mutual fund and ETF investors

Method of interview

Telephone interview

Supplementary notes

This question was phrased by the source as follows: "who is responsible for deciding what investment funds to buy for your portfolio?"

1,138 of the respondents were mutual fund investors, and 500 were ETF investors.

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