Archive for the News Category

CIFSC Introduces New Chair

The Canadian Investment Funds Standards Committee (CIFSC) today introduced Chris Adair, General Manager of Fundata Canada Inc., as its Chair for 2007. Chris succeeds Ralf Hensel whose term as Chair ended in January. “I am looking forward to both the opportunities and challenges that face the Committee […]

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New FundSERV Representation at CIFSC

The Canadian Investment Funds Standards Committee (CIFSC) today announced that FundSERV Inc. is now represented on the committee by Harry Gundy, Senior Manager, Customer Relations and Business Analysis. CIFSC’s self-imposed mandate is to create and maintain a single objective, standardized, transparent and consistent set of investment fund […]

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CIFSC Completes Quarterly Fund Category Review and Reiterates Position on Income Trusts

The Canadian Investment Funds Standards Committee (CIFSC) announced today that it has completed its first quarterly review of funds under its new classification system. The review identified 48 funds (out of more than 8000) that in the last three months have shifted their portfolio allocations enough to […]

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CIFSC Completes Launch of New Fund Classifications

ORONTO (September 13, 2006) – The Canadian Investment Funds Standards Committee (CIFSC) today confirmed the completion of its launch of an updated and more consumer-friendly classification system for Canadian investment funds

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CIFSC Launches New Fund Classifications

The Canadian Investment Funds Standards Committee (CIFSC) today launched an updated and more consumer-friendly categorization process for Canadian retail investment funds. It takes effect as of the July 31 data reporting period. CIFSC has been the industry standard classification system since 1998 and is committed to the […]

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CIFSC revises definition for Canadian Income Balanced

The Canadian Investment Funds Standards Committee has approved a revised definition for Canadian Income Balanced funds. It takes effect as of the Sept. 30 data reporting period. To qualify for this category, funds will be required to make distributions of income and/or realized capital gains on a […]

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CIFSC revises definition for Canadian Income Balanced

The Canadian Investment Funds Standards Committee confirmed today it has made revisions to its categories, effective as of the May 31 data reporting period. There are now 34 categories, down one from previously. One new category — Canadian Income Balanced — has been added and two others […]

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CIFSC approves category revisions

The Canadian Investment Funds Standards Committee (CIFSC) announced today that it has approved revisions to the standard categories used by all of its members for their products and services. The revisions are scheduled to take effect as of the monthly reporting period ended May 31, 2005. The […]

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