Interactive version of Fund Facts now available for Mutual Funds


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November is Financial Literacy Month in Canada, and to encourage investors to better understand investing in mutual funds, the Canadian Securities Administrators (CSA) has released a free, interactive version of a sample Fund Facts document. Taking this self-guided tour will help investors learn how to identify a fund’s principal investment, past performance, risk rating and cost.

Fund Facts are written in plain language and are intended to make it easier for investors to understand the key features of the fund and to compare various funds.  Under current rules, investors must receive the Fund Fact for their mutual fund, within 2 days of a purchase, although they are readily available to the public before then on each fund company’s website or through your advisor.

To learn more, or to try the guide, click here:

The CSA is a council of the securities regulators from Canada’s provinces and territories which co-ordinates and harmonizes regulation for Canadian capital markets.

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