71-502F6 - Foreign Mutual Funds - Risk Warning [F Proposed - Lapsed]
| Published Date: | 2004-06-25 |
|---|---|
| Rescinded Date: | 2006-05-31 |
Form 71-502F6
Foreign Mutual Funds - Risk Warning
This is the form of disclosure required under section 8(a)of
BC Instrument 71-502 Exemptions for Foreign Market Participants.
Foreign Mutual Funds - Risk Warning
This is the form of disclosure required under section 8(a)of
BC Instrument 71-502 Exemptions for Foreign Market Participants.
_____________________ [insert name of fund manager] is a foreign fund manager that is exempt from the requirements under British Columbia securities laws to be registered and file a prospectus if it complies with the laws of ____________________ [insert jurisdiction]. The securities regulator responsible for enforcing those laws is __________________ [insert name of regulator].
We may sell you securities of our foreign mutual funds, but you should be aware that:
- You will not be protectedby British Columbia securities laws when dealing with the foreign fund manager, its representatives, or its foreign mutual funds.
- You may not be able to redeemsecurities of the foreign mutual fund in the same way you can redeem securities of Canadian mutual funds.
- If the foreign fund manager is incorporated, continued or otherwise organized under the laws of a foreign jurisdiction, it may be more difficultfor you to take legal action against the foreign fund manager or its foreign mutual funds, or to collect from them judgments obtained in British Columbia courts, than it would be if the fund manager was incorporated, continued or otherwise organized under the laws of Canada or a province or territory.
- The person selling you the foreign fund may be under no obligationto tell you whether the investment is suitable for you.
- You should seek adviceabout the tax consequences of investing in foreign mutual funds.
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Instruction
The jurisdiction you specify in the first paragraph of this notice must be the jurisdiction of the foreign fund manager’s foreign regulator. Foreign regulator is defined in section 1 of BCI 71-502.