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Posted on 17/11/09

Cautious investors flock to balanced, bond funds

FUNDS REPORTERCanadian investors flocked to balanced and bond funds in October as rallying North American stocks markets lost steam, and fell into the red.Balanced funds attracted nearly $1.6-billion in net sales last month, while bond funds brought in $1.1-billion, according to figures released yesterday by the Investment Funds Institute of Canada (IFIC).

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