THE MANITOBA SECURITIES COMMISSION
MSC RULE 2021-13
(Section 149.1, The Securities Act)
Amendments to National Instrument 81-101 Mutual Fund Prospectus Disclosure
1. National Instrument 81-101 Mutual Fund Prospectus Disclosure is amended by this Instrument.
2. Section 1.1 is amended by adding the following definition:
“designated website” has the meaning ascribed to that term in National Instrument 81-106 Investment Fund Continuous Disclosure;.
3. Section 2.3.1 is amended
(a) by replacing in subsection (1) “If a mutual fund or the mutual fund's family has a website, the mutual fund must post to at least one of those websites” with “A mutual fund must post on its designated website”,
(b) by replacing in subsection (2) “posted to the website” with “posted on the designated website”, and
(c) by repealing subsection (3).
4. Form 81-101F2 Contents of Annual Information Form is amended by adding the following after Item 10.10:
10.11 Designated Website
State, in substantially the following words:
“A mutual fund is required to post certain regulatory disclosure documents on a designated website. The designated website(s) of the mutual fund(s) this document pertains to, can be found at the following location(s): [insert the mutual fund’s designated website address or addresses as applicable].”.
5. Form 81-101F3 Contents of Fund Facts Document is amended by replacing in paragraph (e) of Item 1 of Part I “[insert the website of the mutual fund, the mutual fund’s family or the manager of the mutual fund] [as applicable]” with “[insert the mutual fund’s designated website]”.
Transition
6. Before September 6, 2022, a mutual fund is not required to comply with National Instrument 81-101 Mutual Fund Prospectus Disclosure, as amended by this Instrument, if the mutual fund complies with National Instrument 81-101 Mutual Fund Prospectus Disclosure as it was in force on January 5, 2022.
Effective Date
7.(1) This Instrument comes into force on January 6, 2022.
7.(2) In Saskatchewan, despite subsection (1), if this Instrument is filed with the Registrar of Regulations after January 6, 2022, this Instrument comes into force on the day on which it is filed with the Registrar of Regulations.
7.(3) This Instrument may be cited as MSC Rule 2021-13.