What is NI 81-102?

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Multiple Choice

What is NI 81-102?

NI 81-102 is a Canadian securities instrument that governs mutual funds and the entities that manage them. It establishes the rules for what information mutual funds must disclose to investors and how those funds must be governed. This includes ongoing disclosure like fund facts, annual information forms, financial statements, and performance reporting, as well as governance requirements such as the roles and oversight of the fund management and governance structures. The aim is to ensure investors have reliable information and proper oversight of mutual funds. It is not limited to insurance products, nor is it a tax regulation, and it covers more than just investment advisory fees.

NI 81-102 is a Canadian securities instrument that governs mutual funds and the entities that manage them. It establishes the rules for what information mutual funds must disclose to investors and how those funds must be governed. This includes ongoing disclosure like fund facts, annual information forms, financial statements, and performance reporting, as well as governance requirements such as the roles and oversight of the fund management and governance structures. The aim is to ensure investors have reliable information and proper oversight of mutual funds. It is not limited to insurance products, nor is it a tax regulation, and it covers more than just investment advisory fees.

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