Summary - Canadian Industry Statistics

Definition

This industry comprises establishments primarily engaged in managing the portfolio assets of others on a fee or commission basis. These establishments have the authority to make investment decision, with fees usually based on the size and/or overall performance of the portfolio. Example of establishments in this industry are pension fund managers and mutual fund managers.

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  Example Activities:
  Mutual fund management companies
  Pension funds, management

  Exclusions

  Establishments primarily engaged in:
  buying and selling securities on a transaction fee basis (523120, Securities Brokerage).