Regulatory Alerts2022-01-20
Amendments to Policy Statement to Regulation 81-101 respecting Mutual Fund Prospectus Disclosure
The Canadian Securities Administrators issued amendments to Policy Statement 81-101 to update the regulatory framework for mutual fund prospectus disclosure. The changes involve repealing specific sections of the policy and replacing Appendix A with a standardized sample Fund Facts document template. This template mandates clear disclosure of key investment details, risk ratings, performance history, and fee structures to enhance investor understanding.
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