81-102CP Mutual Funds [CP - Rescinded]

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81-102CP Mutual Funds [CP]
Published: 2010-12-31
Effective: 2011-01-01
Rescinded / Lapsed: 2012-04-30

Concurrently Published

Document
BCN 2010/43 BCN 2010/43 Implementation of Stage 1 of Point of Sale Disclosure for Mutual Funds [BCN]

PART 1  PURPOSE
1.1  Purpose

PART 2  COMMENTS ON DEFINITIONS CONTAINED IN THE INSTRUMENT
2.1  “asset allocation service”
2.2  “cash equivalent”
2.3  “clearing corporation”
2.4  “debt-like security”
2.5  “fundamental investment objectives”
2.6  “guaranteed mortgage”
2.7  “hedging”
2.8  “illiquid asset”
2.9  “manager”
2.10  “option”
2.11  “performance data”
2.12  “public medium”
2.13  “purchase”
2.14  “restricted security”
2.15  “sales communication”
2.16  “specified derivative”
2.17  “standardized future”
2.18  “swap”

PART 3  INVESTMENTS
3.1  Evidences of Indebtedness of Foreign Governments and Supranational Agencies
3.2  Index Mutual Funds
3.3  Special Warrants
3.4  Investment in Other Mutual Funds
3.5  Instalments of Purchase Price
3.6  Purchase of Evidences of Indebtedness
3.7  Securities Lending, Repurchase and Reverse Repurchase Transactions
3.8  Prohibited Investments

PART 4  USE OF SPECIFIED DERIVATIVES
4.1  Exercising Options on Futures
4.2  Registration Matters
4.3  Leveraging
4.4  Cash Cover

PART 5  LIABILITY AND INDEMNIFICATION
5.1  Liability and Indemnification
5.2  Securities Lending, Repurchase and Reverse Repurchase Transactions

PART 6  SECURITYHOLDER MATTERS
6.1  Meetings of Securityholders
6.2  Limited Liability
6.3  Calculation of Fees

PART 7  CHANGES
7.1  Integrity and Competence of Mutual Fund Management Groups
7.2  Mergers and Conversions of Mutual Funds
7.3  Regulatory Approval for Reorganizations
7.4  [Deleted]
7.5  Circumstances in Which Approval of Securityholders Not Required
7.6  Change of Auditor
7.7  Connection to NI 81-107

PART 8  CUSTODIANSHIP OF PORTFOLIO ASSETS
8.1  Standard of Care
8.2  Book-Based System
8.3  Compliance

PART 9  CONTRACTUAL PLANS
9.1  Contractual Plans

PART 10  SALES AND REDEMPTIONS OF SECURITIES
10.1  General
10.2  Interpretation
10.3  Receipt of Orders
10.4  Backward Pricing
10.5  Coverage of Losses

PART 11  COMMINGLING OF CASH
11.1  Commingling of Cash

PART 12  [Deleted]

PART 13  PROHIBITED REPRESENTATIONS AND SALES COMMUNICATIONS
13.1  Misleading Sales Communications
13.2  Other Provisions

PART 14  [Deleted]

PART 15  SECURITYHOLDER RECORDS
15.1  Securityholder Records

PART 16  EXEMPTIONS AND APPROVALS
16.1  Need for Multiple or Separate Applications
16.2  Exemptions under Prior Policies
16.3  Waivers and Orders concerning “Fund of Funds”