NewsDialy
A practice called market timing cost mutual fund investors enough to sustain a twenty-year lawsuit, and a court has now put a number on it: more than $170 million.
Market timing is when traders rapidly move money in and out of mutual fund units to exploit a lag between the fund's published price and the actual value of its underlying holdings.
Long-term investors absorb the dilution quietly, usually without knowing it, which is part of why this kind of harm is hard to see until someone adds it up across thousands of accounts.
What the court ordered On July 16, 2026, Justice Marcus Koehnen of the Ontario Superior Court of Justice ordered CI Mutual Funds Inc. and AIC Limited to pay damages and interest exceeding $170 million to Class Members.
Keep reading