Category Change Announcement

The CIFSC continually monitors and analyses the categorization of funds, the current category definitions and structures, as well as any new and developing trends in the investment funds industry. The purpose of the review is to ensure the logical, consistent categorization of investment funds and to maximize the similarity of investment strategies and risk-return profiles within each category. Categories should have a sufficient number of funds to allow for meaningful comparisons and rankings within the category.

On May 16th, 2022, the committee submitted a proposal to create a new Multi-Sector Fixed Income category. [see proposal here]. After a 30-day comment period the committee voted for implementing the changes. The results follow and details will be provided [here]. The changes are effective March 31st, 2023 and will be reflected in the release of March 2023 month-end data.