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2021-10-07

Amendments to Policy Statement to Regulation 81-101 respecting Mutual Fund Prospectus Disclosure

Regulatory authorities have amended Policy Statement to Regulation 81-101 to standardize terminology regarding mutual fund prospectus disclosure. The revisions replace references to specific websites with the term designated website across Sections 2.8, 4.1.3, and 7.4 of the Policy Statement. These changes ensure consistent language for directing investors to required mutual fund information online.

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AMENDMENTS TO POLICY STATEMENT TO REGULATION 81-101 RESPECTING MUTUAL FUND PROSPECTUS DISCLOSURE

  1. Section 2.8 of Policy Statement to Regulation 81-101 respecting Mutual Fund Prospectus Disclosure is amended by replacing the words “to the website of the mutual fund, the mutual fund’s family or the manager of the mutual fund, as applicable” with the words “on its designated website” and by replacing, wherever it appears, the word “website” with the words “designated website”.
  2. Section 4.1.3 of the Policy Statement is amended by replacing, in paragraph (3), the words “to the website of the mutual fund, the mutual fund’s family or the manager of the mutual fund” with the words “on its designated website” and the words “to a website” with the words “on a designated website”.
  3. Section 7.4 of the Policy Statement is amended by replacing, in paragraph (2), the words “on a website” with the words “on a mutual fund’s designated website”.
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