523920
523920 Portfolio management
Gestion de portefeuille • Canadian industry
What code 523920 includes
This Canadian 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 decisions, with fees usually based on the size and/or overall performance of the portfolio.
Activities & Examples
- mutual fund management companies
- pension funds, management
- closed-end investment companies
- establishments of trust companies engaged in portfolio management
- investment companies, government
- managing investment funds, closed-end
- managing investment funds, open-end
- managing mutual funds, on contract
- mutual fund management companies
- pension funds, management
- personal investment trusts, management (except by trust companies)
Exclusions & Cross-References
- buying and selling securities on a transaction fee basis (See 523120 Securities brokerage (US))
- personal investment trusts, administration by trust companies (See 523990 All other financial investment activities (CAN))
Classification Hierarchy
- Sector 52 — Finance and insurance
- Subsector 523 — Securities, commodity contracts, and other financial investment and related activities
- Industry group 5239 — Other financial investment activities
- Industry 52392 — Portfolio management
- Canadian industry 523920 — Portfolio management
International Concordance
- ISIC Rev. 4: K6630 — Fund management activities