Get the free National Instrument 81-101

This document outlines the required disclosure for the annual information form of a mutual fund, detailing various items and instructions necessary for compliance with the National Instrument 81-101.

How to fill out national instrument 81-101

How to fill out National Instrument 81-101

1. Gather all necessary financial information and documentation.
2. Review the guidelines and instructions outlined in National Instrument 81-101.
3. Fill out the Cover Page with fund details including the fund name and date.
4. Complete the 'Overview of the Fund' section with a summary of investment objectives and strategies.
5. Provide historical performance data in the Performance Data section.
6. Disclose the fees and expenses associated with the fund in the Fees and Expenses section.
7. Include details about risk factors in the Risk Factors section.
8. Review and double-check all information for accuracy and completeness.
9. Submit the completed document in the appropriate format as required by the regulatory body.

Who needs National Instrument 81-101?

1. Investment fund managers who wish to provide consumers with key information about their products.
2. Financial advisors needing a standardized document to understand fund offerings.
3. Investors looking for transparency and disclosure before making investment decisions.
4. Regulatory bodies requiring compliance from investment funds operating in Canada.

People Also Ask about

When must fund facts be delivered?

Currently, the Fund Facts must be delivered to investors within two days of buying a mutual fund.

What is the 7 5 3 1 rule?

The 7-5-3-1 rule is a comprehensive strategy for maximising the benefits of Systematic Investment Plans (SIPs) in equity mutual funds. This rule emphasises the importance of investment tenure, diversification, mental fortitude, and incremental growth in SIP amounts.

What is ni 81 105?

81-105 - Mutual Fund Sales Practices Securities. Regulations and obligations. Securities , current section. 8 - Investment Funds [81-101 à 81-107] , current sub-section.

What is the delivery of fund facts?

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. Currently, the Fund Facts must be delivered to investors within two days of buying a mutual fund.

What is the purpose of the fund facts?

The Fund Facts is a document that highlights key information for investors about a mutual fund or an exchange-traded fund (ETF). You can consult the Fund Facts on the website of the institution offering the fund, or simply ask for a copy.

How often should I send fund facts?

“Fund Facts must be renewed on an annual basis and must be updated in the event of a material change that affects the content of the Fund Facts (e.g., a change in investment objectives, an increase in the management fee),” an OSC spokesperson told Advisor.ca by email.

What is the difference between fund facts and prospectus?

While the Fact Sheet offers a summary of performance, the Prospectus provides a deep dive into the fund's investment strategies, historical performance, fee structures, and redemption policies.

What is the fund facts document?

Using the Fund Facts document, you'll be able to find important information about charges and expenses like the fund's management expense ratio (including trailing commissions) and trading expense rating, as well as other fees. The management expense ratio, or MER, is a combination of a fund's management fee.

For pdfFiller’s FAQs

What is National Instrument 81-101?

National Instrument 81-101 is a regulation in Canada that governs the disclosure of mutual fund performance and practices, ensuring that investors receive clear and concise information about mutual funds.

Who is required to file National Instrument 81-101?

Mutual fund managers and investment funds that offer their products to the public in Canada are required to file under National Instrument 81-101.

How to fill out National Instrument 81-101?

Filling out National Instrument 81-101 involves completing the prescribed forms with detailed information regarding the mutual fund's investment objectives, performance data, risks, fees, and other relevant disclosures as specified in the regulation.

What is the purpose of National Instrument 81-101?

The purpose of National Instrument 81-101 is to enhance investor protection by promoting transparency and comparability among mutual funds, helping investors make informed investment decisions.

What information must be reported on National Instrument 81-101?

Information reported under National Instrument 81-101 must include fund performance data, investment objectives, fee structures, risks associated with investments, and any other material information that may affect an investor's decision.