This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice (http://www2.deloitte.com/ca/en/legal/cookies.html) for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Amendments to National Instrument 81-101, Mutual Fund Prospectus Disclosure relating to Pre-sale Delivery of the Fund Facts for Mutual Funds [Completed]

Issued: December 11, 2014.

Transitional provisions:

Effective May 30, 2016.

Last updated:

December 2014

Overview

Currently, the Fund Facts must be delivered to investors within two days of buying a mutual fund. Once the new rules come into effect, dealers will instead be required to deliver the Fund Facts prior to accepting a purchase instruction from an investor. The new requirement for pre-sale delivery of the Fund Facts takes effect on May 30, 2016.

Recent activities

December 2014

On December 11, 2014, the CSA issued amendments to National Instrument 81-101, Mutual Fund Prospectus Disclosure, which will require all dealers that sell mutual funds to deliver a Fund Facts before investors make a decision to buy a conventional mutual fund. The Fund Facts is a document written in plain language, is no more than two pages double-sided and highlights key information about a mutual fund that CSA research has identified as important to investors.


Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.