Contains information about the company or mutual fund selling the security, its management, products or services, plans and business risks. the simplified prospectus Prospectus A legal document that sets out the full, true and plain facts you need to know about a security.Securities regulators require mutual funds to file documents such as: These documents contain information that can help you to assess a mutual fund. You can learn more about the structure of mutual fund fees in Canada and current issues surrounding their structure from the Canadian Securities Administrators. Use the mutual fund fee calculator to see how fees and other costs affect what you make. Add up the feesįees and expenses reduce your fund’s returns. Use this portfolio benchmark calculator to see how your fund compares.
+ read full definition that tracks a group of selected investments (for example, the S&P 500 Index). Examples: S&P/TSX, S&P/TSX Canadian Bond Index. + read full definition index Index A benchmark or yardstick that lets you measure the performance of a stock market, part of a stock market or a single investment.
+ read full definition such as a market or sector Sector A part of the economy where businesses provide the same or related products or services. Example: a stock market index may be a benchmark you can use to compare how well your own stocks are doing. Use a benchmarkĬompare a fund’s performance against a relevant benchmark Benchmark A yardstick that you can use to measure the performance of an investment. Use resources like Globefund or Morningstar to see how a mutual fund is performing relative to other similar funds. + read full definition before they decide to purchase a conventional mutual fund. Mutual fund companies are required to give investors a copy of Fund Facts before they decide to purchase a fund. Beginning May 30, 2016, mutual fund companies are required to give investors a copy of Fund Facts Fund Facts A user-friendly guide that provides key information about a mutual fund including fees and performance. This is a user-friendly guide that provides key information about your mutual fund including fees and performance. Here are a few different ways to tell if you’re getting the most from your fund. + read full definition is doing depends on many factors. You can redeem your fund units at any time.
A professional manager chooses investments that match the fund’s goals for risk and return. Understanding how your mutual fund Mutual fund An investment that pools money from many people and invests it in a mix of investments such as stocks and bonds.
International Organization of Securities Commissions (IOSCO).Canadian Securities Administrators (CSA).A Set font size to normal A Set font size to large.