December 09, 2016 BY Valentina Kirilova
CSA publish amendments mandating a CSA mutual fund risk classification methodology for use in fund facts and ETF facts
The Canadian Securities Administrators (CSA) published final amendments that require fund managers to use a standardized CSA mutual fund risk classification methodology to determine the investment risk level of conventional mutual funds and exchange-traded mutual funds (ETFs) (collectively referred to as “mutual funds”) in the Fund Facts and ETF Facts, respectively. Currently, fund managers must…
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