ETF net sales increased to $5.5 billion, up from $4.7 billion in March
In a choppy year, fund sales and assets surged, according to a new report from IFIC
They outshone ETFs for the month, according to recent data
A regulatory panel at IFIC's leadership conference discussed Covid-19's challenges
New research found 75% of mutual fund investors said they purchased products through an advisor in 2020
Despite the monthly drop, ETFs recorded net sales of $3 billion
Positive sales and market effect benefited both ETFs and mutual funds last year, IFIC says
IFIC says it would have preferred a nationally harmonized approach
In a submission, the industry group said investor disclosure documents have made the existing regime redundant
The organization has more than 150 members