InvestorPOS submits comments to CSA re. Stage 2 amendments

We are pleased to provide InvestorPOS’ comments to the Canadian Security Administrators’ (CSA) second publication of proposed amendments for the Implementation of Stage 2 of Point of Sale Disclosure for Mutual Funds: Proposed Amendments to National Instrument 81-101 Mutual Fund Prospectus Disclosure, Form 81-101F3 and Companion Policy 81-101CP Mutual Fund Prospectus Disclosure and Consequential Amendments […]

Read More

InvestorPOS Well Positioned to Help Dealers

On June 21st the Canadian Securities Administrators (CSA) released for comment their proposed amendments to National Instrument 81-101 Mutual Fund Prospectus Disclosure for the Implementation of Stage 2 of Point of Sale Disclosure for Mutual Funds, outlining enhancements to the Fund Facts document and details surrounding the delivery of the document to investors. The CSA […]

Read More

InvestorPOS launches new web site

InvestorPOS Inc. has launched a new web site at www.InvestorPOS.com, highlighting its suite of solutions for advisors, asset managers, investment fund dealers and compliance officers. First launched in October 2011 for financial advisors to access the complete universe of approximately 25,000 Fund Facts documents, the newly designed site outlines a variety of related solutions aimed […]

Read More

IOSCO releases its “Principles of Point of Sale Disclosure Final Report”

The International Organization of Securities Commissions‟ (IOSCO) Technical Committee‟s Standing Committee on the Regulation of Market Intermediaries (TCSC3) and the Standing Committee on Investment Management (TCSC5) (known collectively as the Joint Group) have jointly authored the Principles on Point of Sale Disclosure Final Report. The Report sets out principles that are designed to assist markets […]

Read More

Financial advisors surveyed on the value of Fund Facts

Canada’s mutual fund companies were required as of July 1st to post new, plain-language disclosure documents called Fund Facts – more than 25,000 documents in total – on their websites so investors and advisors could access them. A new survey of financial advisors shows not only that Fund Facts are popular, but so is a […]

Read More

Helping out with Fund Facts – Investment Executive

The mutual fund industry has passed the first big hurdle in the disclosure-reform process, but it’s becoming clear that mutual fund firms and financial advisors will face ongoing challenges as they learn to manage the plethora of new disclosure documents. Some third parties are offering services to make their jobs a little easier. View Full […]

Read More

Is a fund that drops 60% only “medium” risk? – Toronto Star

Mutual funds aren’t easy to buy. There are thousands of them for sale in Canada, outnumbering the securities listed on the Toronto Stock Exchange. Most Canadians rely on salespeople to choose an appropriate mix of funds and monitor their progress. However, advice may be biased when a salesperson’s compensation depends on the type of mutual […]

Read More

New website for fund facts disclosure documents launched – Investment Executive.

As advisors and fund companies adapt to the first phase of securities regulators’ new mutual fund disclosure regime, a website launched this week will help advisors navigate the growing universe of disclosure documents. Technology firm Vault Solutions Inc. has teamed up with document management company Distributech Inc., to launch InvestorPOS.com (http://www.investorpos.com), a new repository for […]

Read More

InvestorPOS Signs Agreement with another Schedule I Bank.

InvestorPOS™ is pleased to announce an agreement with a Schedule I Bank, licensing use of its FF Xpress™ Fund Facts document repository to provide a fully managed solution for the ongoing web hosting of the bank’s Fund Facts documents. FF Xpress™ will now present Fund Facts documents on the banks’ various web sites, thereby eliminating […]

Read More