Retail Investment Funds: An Updated Guide to the Regulatory Landscape in Canada

November 21, 2019

Three members of our Toronto office who work with investment funds recently authored the Canadian chapter of Practical Law’s Global Guide 2019: Retail Investment Funds. This publication provides a concise overview of the legal and regulatory issues in this area, with particular attention to the following:

  • Structure of the Canadian retail funds market;
  • Statutes, regulations and regulatory bodies;
  • Prospectus and AIF requirements for retail funds;
  • Marketing of retail funds;
  • Requirements for fund managers and operators;
  • Foreign managers;
  • Rules governing custodians;
  • Structuring open-ended and close-ended retail funds;
  • Investment and borrowing restrictions;
  • Restrictions on issuance, redemption, transfer or assignment of interests;
  • Periodic reporting requirements;
  • Tax treatment of retail funds;
  • Quasi-retail funds in Canada (e.g. labour-sponsored funds); and
  • Proposed reforms.

We are pleased to be able to make this 12-page publication available for downloading.

DISCLAIMER: This publication is intended to convey general information about legal issues and developments as of the indicated date. It does not constitute legal advice and must not be treated or relied on as such. Please read our full disclaimer at www.stikeman.com/legal-notice.

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