In what decade did the chartered banks make an aggressive entry into the mutual fund...

Canadian chartered banks aggressively entered the mutual fund market during the 1980s , making Option B correct. The IFC discussion of the history of Canada ' s mutual fund industry explains that fund growth was relatively slow initially, accelerated during the 1950s and 1960s, and experienced difficult conditions during the 1970s. A more favourable investment environment in the 1980s and 1990s, together with changes in financial-service distribution, then produced substantial industry growth. The IFC text specifically identifies the aggressive entry of chartered banks in the early 1980s as an important development because their branch networks and existing customer relationships created significant distribution channels for mutual funds. The 1930s correspond to the emergence of early Canadian mutual funds, while the 1960s represented an earlier growth phase. Therefore, the correct answer is B. 1980s .

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