Skip to Main Content

MFDA Releases Investor Guide to Compensation and Performance Reports

For further information, please contact:

Ian Strulovitch
Director, Communications & Public Affairs and Senior Legal Counsel

MFDA Releases Investor Guide to Compensation and Performance Reports

December 20, 2016 (Toronto, Ontario) – The Mutual Fund Dealers Association of Canada (MFDA) today released the MFDA Investor Guide to Compensation and Performance Reports (Investor Guide) which provides investors with information on the new reports that they will receive as part of the CRM2 regulatory initiative. The Investor Guide is available on the MFDA website at under Investors → Brochures.

“This initiative is part of the MFDA’s commitment to provide plain-language materials to investors in order to assist them in understanding products, performance, cost and the advisory process,” said Mark Gordon, the MFDA’s President and CEO. “We created the Investor Guide to provide investors with key information on how they can use the new compensation and performance reports to better evaluate their investments, and the value of advice that they have received.”

The Investor Guide uses sample reports created by the MFDA to provide an overview of the new reports, and includes a Fee and Charges Glossary to help investors understand the terminology related to fees and cost that they may see on the compensation report.

Investors can also review the MFDA Selecting an Advisor brochure for further information on advisor service levels, compensation structures, and the responsibilities of advisors and clients.

The MFDA is the self-regulatory organization for Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its Members and their approximately 83,000 Approved Persons with a mandate to protect investors and the public interest. For more information about the MFDA’s complaint and enforcement processes, as well as links to ‘Check an Advisor’ and other Investor Tools, visit the For Investors page on the MFDA website.

DM 514934