Archive for the News Category

CIFSC Releases 2008 Policies and Procedures Manual

31-Mar-2008 — The CIFSC has released their 2008 Policies and Procedures

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CIFSC Completes Rollout of 2007 Retail Investment Fund Categories

Print Press Release The Canadian Investment Funds Standards Committee (CIFSC) today posted on its website, www.cifsc.org, the list of funds classified in the new 2007 CIFSC category system. The list is the final step in the rollout of the new fund classification system for Canadian mutual funds […]

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CIFSC Releases Updated Category Definitions for Public Comment

Press Release The Canadian Investment Funds Standards Committee (CIFSC) today released an updated version of its Retail Investment Fund Categories for public review and comment. Comments and feedback on the new categories will be welcomed until May 11th and the CIFSC expects to release final versions of […]

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Morningstar Rejoins CIFSC

Morningstar Canada and the Canadian Investment Funds Standards Committee (CIFSC) announced today that Morningstar Canada has rejoined the CIFSC, effective immediately, setting the stage for re-establishing a single set of basic industry-wide categories for Canadian investment funds later this year. Morningstar’s return to the committee comes just […]

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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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