April 1st, 2025
TORONTO, CANADA (April 1, 2025) – The CIFSC continuously 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 enough funds to allow for meaningful comparisons and rankings within the category.
With over 1,000 strategies and over CAD 990 billion in assets, balanced funds represent a significant portion of Canadian investor assets. As part of CIFSC’s ongoing monitoring of market trends, asset flows, new fund launches and recategorization requests, we believe growth in this asset class drives the need to review the current make up of balanced fund categories.
The committee is cognizant of the various areas impacted by a change to these prominent categories and are committed to working with key industry stakeholders and participants to make these enhancements as smooth as possible.
The CIFSC welcomes feedback on potential changes to the balanced categories until July 31st, 2025. Share your suggestions and comments through the contact form here.
Please find the full announcement here.
