Regulatory Alerts2026-01-22
Regulation to amend Regulation 81-101 respecting Mutual Fund Prospectus Disclosure
Regulatory authorities have amended Regulation 81-101 to update disclosure requirements for mutual fund prospectuses, specifically introducing Item 19 to allow mutual funds to consolidate introductory and risk information in multiple simplified prospectuses. The amendments permit funds to include general descriptions, risk factors, and explanatory terms in a single section to avoid repetition across separate Part B sections, while also standardizing language regarding fund formation and report availability. These changes are designed to streamline prospectus formatting and improve clarity for investors, with the regulation coming into force on April 22, 2026.
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