Maple Group Acquisition Corporation – Ontario Securities Commission Request for Comments

November 9, 2011

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Maple Group Acquisition Corporation – Ontario Securities Commission Request for Comments

Letter Summary:

The Canadian Advocacy Council for Canadian CFA Institute Societies (the CAC) appreciates the opportunity to comment on the Canadian Securities Administrator’s request for feedback on the proposed amendments to Point of Sale Disclosure Materials for Mutual Funds as stated in an open letter dated August 12, 2011.

Overview of the Council’s Comments:

We support initiatives that advance the transparency and availability of important investor information and therefore support the Fund Facts process as it will help retail investors make better, more informed investment decisions. We have looked at several fund company documents and are generally impressed with the results.