Fund Facts POS™ was created by IFS Global Technologies Inc. in response to the changes made by the Canadian Securities Administrators (CSA) with respect to the Staged Implementation of Point of Sale Disclosure for Mutual Funds. An integral part of this new mandate is the requirement for all mutual funds manufacturers to create, post and file a Fund Facts document and to satisfy the prospectus delivery requirements at the point of sale (POS).
Fund Facts POS is a secure, centralized turnkey production and distribution portal that fund companies, dealers and advisors can use to adhere to the CSA requirements. It is designed to efficiently provide a Fund Facts document to an investor at or before the point of sale (POS).
Fund Facts POS utilizes an innovative platform that is designed to bridge the information flow between all the users within the investment fund industry. The portal will act as a central repository for all Fund Facts documents filed with SEDAR and since it is centralized, it will allow: