North American Industry Classification System (NAICS) Canada 2017 Version 2.0
- 52 - Finance and insurance
- 523 - Securities, commodity contracts, and other financial investment and related activities
- 5239 - Other financial investment activities
- 52392 - Portfolio managementUS
523920 - Portfolio managementUS
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
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)
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