Toronto, September 30, 2025 – The CIFSC continuously monitors fund categorization, category definitions and structures, and emerging trends in the investment funds industry.
As part of this ongoing review, and following input from industry stakeholders, the CIFSC is publishing, for a 60-day comment period, the following proposed changes to the Canadian and Global Balanced categories:
• Increasing the number of balanced categories from 3 to 4
• Redefining the equity ranges for all balanced categories
• Renaming all balanced categories
The CIFSC is further proposing the following changes to the classification of alternative assets:
• Reclassifying private equity and private credit from “Other” to “Equity” and “Fixed Income”
• Identifying infrastructure and digital assets as distinct asset types under “Other”
• Classifying derivatives by their underlying asset type and economic exposure
Following the 60-day comment period the Committee will review the comments and determine, by private vote, whether to proceed with the changes. To submit comments please use the ‘Contact’ link on the home page of CIFSC.org.
The deadline to submit comments is December 31, 2025.
