MFDA releases Investor Bulletin on Mutual Fund Fees for World Investor Week and Investor Education Month
TORONTO, Oct. 1, 2018 /CNW/ - The Mutual Fund Dealers Association of Canada (MFDA) today announced that it has published an Investor Bulletin on Mutual Fund Fees to recognize and coincide with the International Organization of Securities Commissions (IOSCO) World Investor Week and Investor Education Month.
"The MFDA is pleased to participate with IOSCO members in World Investor Week and to be part of the global campaign to raise awareness regarding the importance of investor education and protection," said Mark Gordon, President and CEO of the MFDA. "Providing tools and resources that promote informed decision making by investors is a key goal of the MFDA under its Strategic Plan. The Investor Bulletin on Mutual Fund Fees is one of these resources as it provides investors with information they can use to assess the impact of fees on their mutual fund investments, and includes actionable resources such as questions investors can ask their advisor regarding fees."
World Investor Week takes place October 1-7, 2018 by participating IOSCO members with the aim to highlight the importance of investor education given the dynamic and rapidly changing investing environment.
In addition, during Investor Education Month in October, the MFDA encourages investors to visit the Investor Section of the MFDA website where investors can access multiple investor education resources including MFDA Investor Bulletins and the MFDA Investor Guide to Compensation and Performance Reports.
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 82,000 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.
SOURCE Mutual Fund Dealers Association of Canada
please contact: Ian Strulovitch, Director, Public Affairs, (416) 943-7425, [email protected]
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