North American Industry Classification System (NAICS) Canada 2017 Version 3.0

• 52 - Finance and insurance
• 523 - Securities, commodity contracts, and other financial investment and related activities
• 5239 - Other financial investment activities
• 52392 - Portfolio management^US

523920 - Portfolio management^US

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.

• Illustrative example(s)

  • mutual fund management companies
  • pension funds, management

  All examples

• Exclusion(s)

  • buying and selling securities on a transaction fee basis (See 523120 Securities brokerage)
  • personal investment trusts, administration by trust companies (See 523990 All other financial investment activities)