Total Cost Reporting
The investment funds industry supports regulatory initiatives that provide investors with important information before and after they purchase their investments. This information strengthens investor understanding and confidence.
Providing investors with more complete cost information related to the investment funds they hold is the ultimate goal for regulators and the industry. IFIC strongly supports expanding cost reporting to include costs related to fund management and operating expenses. IFIC believes the best way to both accomplish this goal and reduce the risk of investor confusion is to include fund expenses in the annual report of costs and performance.
IFIC will continue to provide industry input and work closely with our members and regulators on all aspects of the implementation of Total Cost Reporting.
Documents
2022
Assessment of the Joint Regulators’ Enhanced Fee Disclosure Proposal - PwC
Examines the proposed amendments to fee disclosure (know as total cost disclosure) by the Canadian Securities Administrators (CSA) and the Canadian Council of Insurance Regulators (CCIR). The report focuses specifically on the proposals to the securities sector. The report examines fee disclosure in other key jurisdictions, examines projected impact on investors, and evalutes impact on the industry.
2021
2019
2019 Your Guide to Investment Funds
Helpful information for every stage of your financial journey
2018
Advisor Insights: Global Regulatory Developments in Investor Protection (May 2018)
This issue of Advisor Insights focuses on regulatory developments in 16 countries and is based on a research report that was updated in May 2018. It summarizes report findings in a number of areas, including expanded disclosure, targeted reforms, best interest standard and embedded commissions and includes key points for advisors to discuss with clients.
Your Guide To Investment Funds (Winter 2018)
Understand your investments and secure your future
2017
"It's your money. Find out more." – A Toolkit for Dealers and Advisors (November 2017)
The Investment Funds Institute of Canada has created this toolkit to help advisors engage with clients about the new information investors will receive about the performance of their investments and the fees they paid to their dealer under the initiative known as “CRM2”. The materials in this toolkit were created to encourage investors to open their statements and read the new information.
Examines the proposed amendments to fee disclosure (know as total cost disclosure) by the Canadian Securities Administrators (CSA) and the Canadian Council of Insurance Regulators (CCIR). The report focuses specifically on the proposals to the securities sector. The report examines fee disclosure in other key jurisdictions, examines projected impact on investors, and evalutes impact on the industry.
2019
2019 Your Guide to Investment Funds
Helpful information for every stage of your financial journey
2018
Advisor Insights: Global Regulatory Developments in Investor Protection (May 2018)
This issue of Advisor Insights focuses on regulatory developments in 16 countries and is based on a research report that was updated in May 2018. It summarizes report findings in a number of areas, including expanded disclosure, targeted reforms, best interest standard and embedded commissions and includes key points for advisors to discuss with clients.
Your Guide To Investment Funds (Winter 2018)
Understand your investments and secure your future
2017
"It's your money. Find out more." – A Toolkit for Dealers and Advisors (November 2017)
The Investment Funds Institute of Canada has created this toolkit to help advisors engage with clients about the new information investors will receive about the performance of their investments and the fees they paid to their dealer under the initiative known as “CRM2”. The materials in this toolkit were created to encourage investors to open their statements and read the new information.
Helpful information for every stage of your financial journey
This issue of Advisor Insights focuses on regulatory developments in 16 countries and is based on a research report that was updated in May 2018. It summarizes report findings in a number of areas, including expanded disclosure, targeted reforms, best interest standard and embedded commissions and includes key points for advisors to discuss with clients.
Understand your investments and secure your future
2017
"It's your money. Find out more." – A Toolkit for Dealers and Advisors (November 2017)
The Investment Funds Institute of Canada has created this toolkit to help advisors engage with clients about the new information investors will receive about the performance of their investments and the fees they paid to their dealer under the initiative known as “CRM2”. The materials in this toolkit were created to encourage investors to open their statements and read the new information.
The Investment Funds Institute of Canada has created this toolkit to help advisors engage with clients about the new information investors will receive about the performance of their investments and the fees they paid to their dealer under the initiative known as “CRM2”. The materials in this toolkit were created to encourage investors to open their statements and read the new information.
