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FUND DOCUMENTS

Fund Facts
Plain-language mutual fund summary

A plain-language summary of a mutual fund’s investments, risk, past performance and costs, required in Canada for each class or series of a mutual fund.

What it is

The Fund Facts, explained.

A plain-language summary of a mutual fund’s investments, risk, past performance and costs, required in Canada for each class or series of a mutual fund. Dealers need the current version for every series they sell.

Key fields

What Intelligent Document Processing extracts

Fund and seriesDateTop holdingsRisk ratingPast performanceManagement expense ratioTrailing commission
How IDP works
With FutureVault

How FutureVault handles the Fund Facts.

Distributed to every partner firmDeliver the current Fund Facts to every dealer and investor vault that needs it, in one batch.
Always the current versionNew versions replace old ones automatically, with the history kept on record.
Proof of deliveryA delivery record for every firm and investor, ready for auditors and examiners.
Related documents
ETF FactsPlain-language ETF summarySimplified prospectusSimplified prospectus for mutual fundsMRFPManagement Report of Fund Performance
Where it fits
Asset & Fund ManagersBulk Document DistributionDocument governance
FAQ

Fund Facts questions, answered.

When is the Fund Facts due?

Delivered to investors before they buy a mutual fund, with limited exceptions, and refreshed at least once a year.

Can FutureVault extract data from the Fund Facts?

Yes. Intelligent Document Processing reads the Fund Facts and captures fields such as fund and series, date, top holdings, with a confidence score on every field and human review for anything uncertain.

How does FutureVault handle the Fund Facts?

Deliver the current Fund Facts to every dealer and investor vault that needs it, in one batch. New versions replace old ones automatically, with the history kept on record.

Every Fund Facts, in the right vault.
Automatically.

See how FutureVault delivers, collects and understands the documents your firm works with.

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