Canadian Securities Administrators invite investors to get the Fund Facts during Financial Literacy Month

CALGARY, Nov. 4, 2014 /CNW Telbec/ - November is Financial Literacy Month and the Canadian Securities Administrators (CSA) are inviting investors to discover more about their mutual funds by using a new CSA Fund Facts interactive sample.

Investors can use this free, interactive tool to take a guided tour of a sample Fund Facts document and learn to easily identify a fund's principal investments, past performance, risk rating and cost to investors.

 "Investors owe it to themselves to read the Fund Facts documents to help them make informed investment decisions regarding mutual funds," said Bill Rice, Chair of the CSA and Chair and CEO of the Alberta Securities Commission. "This new CSA online tool helps investors understand the information contained in Fund Facts documents and can assist them in evaluating whether a specific mutual fund is right for them."

Fund Facts documents are written in plain language that highlights key information about a mutual fund that CSA research has identified as important to investors. Dealers are required to deliver the Fund Facts document to mutual fund investors within two days of purchase.

Throughout Financial Literacy Month, investors should watch for investor education tweets from @CSA_News. Canadians can take advantage of additional tools, brochures and resources about investing in the Investor Tools section of the CSA website.

Financial Literacy Month is a great opportunity for all Canadians to enhance their financial knowledge. Last year, more than 90 public, private and non-profit organizations participated in Financial Literacy Month activities to help Canadians improve their financial skills.

The CSA, the council of the securities regulators of Canada's provinces and territories, co-ordinates and harmonizes regulation for Canadian capital markets.

For more information:
Carolyn Shaw-Rimmington Ontario Securities Commission  416-593-2361	Mark Dickey Alberta Securities Commission 403-297-4481
Richard Gilhooley   British Columbia Securities Commission 604-899-6713	Sylvain Théberge Autorité des marchés financiers 514-940-2176
Kevan Hannah  Manitoba Securities Commission 204-945-1513	Andrew Nicholson Financial and Consumer Services Commission, New Brunswick 506-658-3021
Tanya Wiltshire Nova Scotia Securities Commission  902-424-8586	Janice Callbeck Office of the Superintendent of Securities  P.E.I. 902-368-6288
Don Boyles  Office of the Superintendent of Securities  Newfoundland and Labrador  709-729-4501	Rhonda Horte Office of the Yukon Superintendent of Securities 867-667-5466
Louis Arki   Nunavut Securities Office  867-975-6587	Gary MacDougall Northwest Territories Securities Office 867-920-3318
Shannon McMillan Financial and Consumer Affairs Authority of Saskatchewan  306-798-4160

SOURCE: Autorité des marchés financiers

Tanya Wiltshire, Nova Scotia Securities Commission, 902-424-8586; Don Boyles, Office of the Superintendent of Securities, Newfoundland and Labrador, 709-729-4501; Louis Arki, Nunavut Securities Office, 867-975-6587; Shannon McMillan, Financial and Consumer Affairs, Authority of Saskatchewan, 306-798-4160; Mark Dickey,Alberta Securities Commission,403-297-4481;Sylvain Théberge,Autorité des marchés financiers,514-940-2176; Andrew Nicholson,Financial and Consumer Services,Commission, New Brunswick,506-658-3021;Janice Callbeck,Office of the Superintendent of Securities, P.E.I.,902-368-6288; Rhonda Horte,Office of the Yukon Superintendent of Securities,867-667-5466;Gary MacDougall,Northwest Territories,Securities Office,867-920-3318