81-101F1 - Contents of Simplified Prospectus [F Amendment Advance Notice - Lapsed]
Published Date: | 2007-12-21 |
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Effective Date: | 2008-03-17 |
Document(s): |
Concurrently Published:
1. This Instrument amends Form 81-101F1 Contents of Simplified Prospectus.
2. Item 6 of Part A is amended
(a) by adding the following subsection (5) after subsection (4):
“(5) Under the sub-heading “Short-term Trading”
(a) describe the adverse effects, if any, that short-term trades in securities of the mutual fund by an investor may have on other investors in the mutual fund;
(b) describe the restrictions, if any, that may be imposed by the mutual fund to deter short-term trades, including the circumstances, if any, under which such restrictions may not apply;
(c) where the mutual fund does not impose restrictions on short-term trades, state the specific basis for the view of the manager that it is appropriate for the mutual fund not to do so; and
(d) if applicable, state that the annual information form includes a description of all arrangements, whether formal or informal, with any person or company, to permit short-term trades of securities of the mutual fund.”; and
(b) by adding the following Instruction at the end of Item 6:
“INSTRUCTION:
In the disclosure required by subsection (5), include a brief description of the short-term trading activities in the mutual fund that are considered by the manager to be inappropriate or excessive. Where the manager imposes a short-term trading fee, include a cross-reference to the disclosure provided under Item 8 of Part A of this Form.”.
3. Item 8 of Part A is amended by adding the following line item in the table after“Redemption Fees” under the heading “Fees and Expenses Payable Directly by You”:
Short-term Trading Fee | [specify percentage, as a percentage of ..........] |
4. This Instrument comes into force on March 17, 2008.