Browse Canadian Securities Course (CSC®) 2025

Chapter 17: Mutual Funds: Structure and Regulation

In this section

  • Overview of Managed Products
    Dive into the foundational concepts of managed products in Canada, including pooled funds, professional portfolio management, key benefits and drawbacks, and the regulatory framework that governs them.
  • Overview of Mutual Funds
    A comprehensive look at how mutual funds operate in Canada, covering key features, benefits, drawbacks, regulations, and practical examples to guide investors.
  • Pricing Mutual Fund Units
    Explore how mutual funds in Canada determine NAVPS, sales charges, and distribution policies, with in-depth explanations, real-world examples, and regulatory insights.
  • Mutual Fund Regulation
    Explore comprehensive guidelines under National Instrument 81-102 and 81-101, the role of the Canadian Securities Administrators, CIRO oversight, and investor protection measures that govern Canadian mutual funds.
  • Other Forms and Requirements
    Explore key mutual fund disclosure documents, reporting requirements, and governance considerations in Canadian mutual fund operations.
  • Know Your Client (KYC) Rule in Canadian Mutual Funds
    Learn about the Know Your Client (KYC) rule in Canada's mutual fund industry, its regulatory requirements, and the essential steps to gather accurate investor information for suitable investment recommendations.
  • Requirements for Opening and Updating an Account
    Learn the comprehensive procedures, regulatory obligations, and best practices surrounding the opening and ongoing maintenance of client mutual fund accounts in Canada.