Introduction
The Canadian Investment Funds Standards Committee was formed in January 1998 by Canada's major mutual fund database and research firms with a self-imposed mandate to standardize the classifications of Canadian-domiciled mutual funds. This site outlines the goals and findings of the committee. The categories are in a constant state of review and as such the committee extends an invitation for comments from all Canadian mutual fund industry participants.
The primary purpose of the committee is to provide investors with a consistent set of mutual fund categories. The proliferation of mutual fund listings and analysis services has created confusion in the absence of industry-standardized fund categories. While the committee recognizes that no fund category scheme is suited for all purposes, establishing a standard is nonetheless considered beneficial for the mutual fund investor.
CIFSC announces Committee Chair for 2012
The Canadian Investment Funds Standards Committee (CIFSC) has re-elected Reid Baker, Senior Analyst, Investment Analytics and Research at Fundata Canada, as its Chair effective Jan 1, 2012. To see the press release, please click here.
CIFSC Completes Quarter-end Reclassification Review
Nov 2, 2011 - The CIFSC has completed its quarter-end reclassification review. The changes are based on data as of Sepemtember 30th, 2011 and will be reflected in the release of Oct 2011 month-end data. To see the results of the review, please click here.
2011 Category Changes Announcement
September 13, 2011 - Please be advised of the following category changes resulting from the Canadian Investment Funds Standards Committee’s decision to remove the Science and Technology Equity category. The Changes are based on data up to July 31st, 2011 and will be reflected in the release of August 2011 month-end data. For more information, please click here.
2011 Category Revisions
Aug 8, 2011 - The Canadian Investment Funds Standards Committee (CIFSC) has completed a review of the Science & Technology Equity category and has made the decision to remove the category. For more information, please click here.
CIFSC Completes Quarter-end Reclassification Review
Aug 8, 2011 - The CIFSC has completed its quarter-end reclassification review. The changes are based on data as of June 30st, 2011 and will be reflected in the release of July 2011 month-end data. To see the results of the review, please click here.
2011 Category Changes Announcement
Jul 13, 2011 - The CIFSC has reviewed the category schema and will be making the following changes. For more information, please click here.
CIFSC Completes Quarter-end Reclassification Review
May 6, 2011 - The CIFSC has completed its quarter-end reclassification review. The changes are based on data as of March 31st, 2011 and will be reflected in the release of April 2011 month-end data. To see the results of the review, please click here.
CIFSC Completes Quarter-end Reclassification Review
Feb 7, 2011 - The CIFSC has completed its quarter-end reclassification review. The changes are based on data as of December 31st, 2010 and will be reflected in the release of January 2011 month-end data. To see the results of the review, please click here.
CIFSC Introduces New Chair
The Canadian Investment Funds Standards Committee (CIFSC) has introduced Reid Baker, Analyst, Investment Analytics and Research at Fundata Canada, as its Chair effective Jan 1, 2011. To see the press release, please click here.
CIFSC Completes Quarter-end Reclassification Review
Nov 4, 2010 - The CIFSC has completed its quarter-end reclassification review. The changes are based on data as of September 30th, 2010 and will be reflected in the release of October 2010 month-end data. To see the results of the review, please click here.
2010 Category Revisions
July 29, 2010 - The CIFSC has completed the 2010 revisions of its Retail Investment Fund Category Definitions. The revisions are effective August 1, 2010 and will be reflected in the release of July month-end data, which will occur in early August. For more information, please click here.
Quarterly Review Reclassifications
The CIFSC has completed its quarter-end reclassification review. The proposed changes are based on the new category schema using data as of June 30th, 2010. The committee will be accepting feedback on the reclassifications until Friday, July 31st. To see the results of the review, please click here.
2010 Category Changes Announcement
Jul 12, 2010 - The CIFSC has reviewed the category schema and will be making the following changes. For more information, please click here.
CIFSC Completes Quarter-end Reclassification Review
May 7, 2010 - The CIFSC has completed its quarter-end reclassification review. The changes are based on data as of March 31st, 2010 and will be reflected in the release of April 2010 month-end data. To see the results of the review, please click here.
CIFSC Introduces New Chair
The Canadian Investment Funds Standards Committee (CIFSC) has introduced David O’Leary, Manager of Fund Analysis at Morningstar Canada, as its Chair effective April 1, 2010. To see the press release, please click here.
CIFSC Completes Quarter-end Reclassification Review
Feb 8, 2010 - The CIFSC has completed its quarter-end reclassification review. The changes are based on data as of December 31st, 2009 and will be reflected in the release of January 2010 month-end data. To see the results of the review, please click here.
CIFSC Completes Quarter-end Reclassification Review
Nov 6, 2009 - The CIFSC has completed its quarter-end reclassification review. The changes are based on data as of September 30th, 2009 and will be reflected in the release of October month-end data. To see the results of the review, please click here.
CIFSC Completes Quarter-end Reclassification Review
Aug 10, 2009 - The CIFSC has completed its quarter-end reclassification review. The changes are based on data as of June 30th, 2009 and will be reflected in the release of July month-end data. To see the results of the review, please click here.
CIFSC Completes Quarter-end Reclassification Review
May 7, 2009 - The CIFSC has completed its quarter-end reclassification review. The changes are based on data as of March 31st, 2009 and will be reflected in the release of April month-end data. To see the results of the review, please click here.
2009 Comment Period Notice
May 1, 2009 - The CIFSC has released its decision concerning the revisions to the category definitions for 2009. Please click here for details.
CIFSC Completes Fourth Quarter Review
Feb 5, 2009 - The CIFSC has completed its quarter-end reclassification review. The changes are based on data as of December 31st, 2008 and will be reflected in the release of January month-end data. To see the results of the review, please click here.