Oct 04, 2016 under the proposal, national instrument 81104 commodity pools ni 81104 which governs commodity funds like gold or precious metal funds would be repealed as these types of funds would now be governed by ni 81102. On june 19, 2014, the canadian securities administrators csa released, in final form, amendments to national instrument 81102 mutual funds ni. Sep 22, 2014 this document is an unofficial consolidation of all amendments to national instrument 81 102 investment funds and companion policy 81 102cp, applying from september 22, 2014. Csa notice of amendments to national instrument 81102.
The investment fund receives the security as the result of a merger. National instrument 81101 mutual fund prospectus disclosure. Policy statement to regulation 81102 pdf 169 kb this link will open in a new window updated on 21 december 2018 policy statement, regulationm 81102, investment funds. Canadian securities administrators propose a regulatory. Mutual funds national instrument 81 102 companion policy 81 102cp. National instrument 81102 investment funds is amended by this instrument. Companion policy 81102cp to national instrument 81102. Investment funds the instrument, including a the interpretation of various terms used in the.
Unofficial consolidated national instrument 81102 and companion policy as of september 28, 2009. Regulation 81102 pdf 527 kb this link will open in a new window updated on 21 december 2018 mutual funds last amendment in force on january 3, 2019. Csa releases final amendments to ni 31103 changes will. National policy 11203 process for exemptive relief applications in multiple jurisdictions approval of mutual fund merger approval required because merger does not meet the criteria for preapproved reorganizations and transfers in national instrument 81102 the merger is not a qualifying exchange or a taxdeferred transaction under the income tax act securityholders of. The etf, as a mutual fund subject to ni 81102, is exempt from the socalled. Nov 16, 2012 national instrument 81106 investment fund continuous disclosure. The investment funds institute of canada 11 king street west, 4th floor toronto, ontario m5h 4c7 general. Annex f amendments to national instrument 81102 mutual funds. To clarify the different investment restrictions that will apply to each type of ni 81 102 fund we recommend that a summary of the different investment restrictions are included in the companion policy 81 102 cp.
Pdf version printerfriendly ideal for printing entire document national instrument 81 102. Instrument is not an official statement of the law. Those principles are applicable to national instrument 81101 and this form. December 22, 2016 british columbia securities commission. New rules for closedend funds and mutual funds under phase 2. National instrument 81106 investment fund continuous disclosure. National instrument 81102 investment funds table of contents. If a commodity pool, as that term was defined in national instrument 81104. Regulation to amend regulation 81102 respecting investment funds pdf 342 kb this link will open in a new window updated on 20 december 2018 modernization modernization of investment fund product regulation alternative mutual funds in force on january 3, 2019 december 20, 2018. Toronto the canadian securities administrators csa today published for comment proposed amendments to national instrument 81102 investment funds ni 81102 and national instrument 81101 mutual fund prospectus disclosure as part of the final phase of the csas efforts.
Instrument 81 102, a provision that securityholders of the commodity pool shall not have the right to redeem their securities for a period up to six months after the date on which the receipt is issued for the initial prospectus of the commodity pool. National instrument 81106 investment fund continuous. National instrument 81101 mutual fund prospectus disclosure the rule or ni 81101, including form 81. Amendment to national instrument 81102 related to implementation of stage 1 of point of sale disclosure for mutual funds effective january 1, 2011 september 18, 2009. The proposal provides a sixmonth transition period for existing investment funds to comply with the changes. National instrument 81102 mutual funds 81102cp and to. The purpose of this policy is to state the views of the canadian securities regulatory authorities on various matters relating to national instrument 81102. Jul 17, 2014 on june 19, 2014, the canadian securities administrators csa released, in final form, amendments to national instrument 81 102 mutual funds ni 81 102 and other securities legislation phase 2. Investment funds ni amendment proposed reducing regulatory burden for investment fund issuers phase 2, stage 1 csa notice and request for comment. National instrument 81102 investment funds the cooperative.
In this instrument annual management report of fund performance means a document prepared in accordance with part b of form 81106f1. Amendments to national instrument 81102 investment funds. National instrument 81105 mutual fund sales practices ni 81105 regulates the sales. Toronto the canadian securities administrators csa today published for comment proposed amendments to national instrument 81102 investment funds ni 81102 and national instrument 81101 mutual fund prospectus disclosure as part of the final phase of the csas. Canadian securities regulators seek comment on alternative. Ni 81102 means national instrument 81102 investment funds, as it may. Bulletin the csa extend elements of mutual fund regulation. The investment fund receives the security as the result of a merger, amalgamation, plan. This document is an unofficial consolidation of all amendments to national instrument 81102 investment funds and companion policy 81102cp, applying from september 22, 2014. Canadian securities regulators seek comment on alternative funds framework. Disclosure, national instrument 81102 mutual funds or national instrument. Mutual funds national instrument 81102 companion policy 81102cp.
Consolidated up to 22 september 2014 companion policy 81. Blackline version pdf 317 kb this link will open in a new window updated on 12 july 2010. The text boxes in this document are for explanatory purposes only and are not. To clarify the different investment restrictions that will apply to each type of ni 81102 fund we recommend that a summary of the different investment restrictions are included in the companion policy 81102 cp. Oct 17, 2014 on thursday, october 16, 2014, the canadian securities administrators csa published amendments to national instrument 31103 registration requirements, exemptions and ongoing registrant obligations ni 31103 and related instruments collectively, the amendments. Implementation of stage 2 of point of sale disclosure for mutual. Mutual funds national instrument 81102 companion policy.
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