CSA NI 81-101 Mutual Fund Prospectus

August 30, 2012

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CSA NI 81-101 Mutual Fund Prospectus

Letter Summary:

The CAC supports the CSA’s goals of providing investors with easy-to-understand, comparable, key information about mutual funds at a time when the information is most relevant – prior to the investment decision. The CAC wishes to comment specifically on the following aspects of the proposed amendments.

Overview of the Council’s Comments:

The Canadian Advocacy Council for Canadian CFA Institute Societies (the CAC) appreciates the opportunity to comment on the proposed changes to NI 81-101 relating to the Fund Facts disclosure requirements.