81-101 – Mutual Fund Prospectus Disclosure (National Instrument)
Securities Division
4th Floor, 2365 Albert Street
Regina, SK, S4P 4K1
Tel: (306)787-5645
Fax: (306)787-5899
Email: fcaa@gov.sk.ca
81-101 – Mutual Fund Prospectus Disclosure (National Instrument)
- National Instrument 81-101 Mutual Fund Prospectus Disclosure81_101_ni_november_27_2016.pdf
Effective Date: Nationally February 1, 2000. In Saskatchewan April 19, 2000. Consolidated to November 17, 2015. In Saskatchewan November 27, 2015.
Implements a new regulatory regime governing the disclosure provided by mutual funds in satisfaction of the prospectus requirements of securities legislation. Requires the preparation and filing of a simplified prospectus and annual information form by all mutual funds in a prescribed form.
- CSA Notice and Amendments to National Instrument 81-10181_101_ni_amendments_and_csa_notice_june_19_2025.pdf
The purpose of the amendments and changes are to codify previously granted relief related to changes at some recognized exchanges and to align our requirements with changes made to the Canada Business Corporations Act (CBCA). The amendments and changes address the following:
- the creation of a senior tier at the Canadian Securities Exchange (CSE), which is intended to be a non-venture tier;
- to ensure that requirements for non-venture issuers will also apply to those reporting issuers that are listed on the CSE Senior Tier;
- the name change of the PLUS markets to AQSE Growth Market;
- the name change of Aequitas Neo Exchange Inc. to Cboe Canada Inc.; and,
- amendments to the Canada Business Corporations Act dealing with “majority voting”.
The amendments are expected to be adopted by each member of the CSA, where applicable, and provided all necessary regulatory and ministerial approvals are obtained, the amendments will come into force on September 19, 2025.
- Amendments to National Instrument 81-10181_101_ni_amendments_february_26_2025.pdf
This amendment modernizes the prospectus filing model for investment funds, with a particular focus on investment funds in continuous distribution. The CSA’s modernization will better reflect the shift from the delivery of the prospectus to the delivery of the Fund Facts and ETF Facts to investors and reduce unnecessary regulatory burden imposed by the current prospectus filing requirements under securities legislation on investment funds without affecting the currency or accuracy of the information available to investors to make an informed investment decision. The fund facts document and the ETF facts document will continue to be filed annually and will continue to be delivered to investors under the current delivery requirements.
Effective Date: March 3, 2025. In Saskatchewan: March 3, 2025.
- Amendments to National Instrument 81-10181_101_ni_amendments_2023_03_23.pdf
Effective Date: June 9, 2023. In Saskatchewan: June 20, 2023
- The Securities Commission (Adoption of National Instruments) (81-101) Amendment Regulations, 20228_2022_sr_filed_81_105_ni_et_al_ar_03_10_22.pdf
Effective Date: June 1, 2022.
- The Securities Commission (Adoption of National Instruments) (NI 13-101, NI 41-101, NI 81-101, NI 81-102, NI 81-106, NI 81-107 and MI 13-102) Amendment Regulations, 20222_2022_sr_filed_13_101_ni_et_al_ar_02_08_22.pdf
Effective Date: January 5, 2022. In Saskatchewan: February 8, 2022.
- The Securities Commission (Adoption of National Instruments) (NI 31-103, NI 41-101, NI 45-106, NI 81-101, NI 81-102, NI 81-106, and NI 81-107) Amendment Regulations, 20221_2022_sr_filed_31_103_ni_et_al_ar_02_08_22.pdf
Effective Date: January 5, 2022. In Saskatchewan: February 8, 2022.
- 81_101_ni_amendments_january_27_2022.pdf
Amendments to National Instrument 81-101
Effective Date: Subject to Ministerial approval.
- Amendments to National Instrument 81-10181_101_ni_amendments_january_20_2022.pdf
Effective Date: June 1, 2022.
- Amendments to National Instrument 81-10181_101_ni_amendments_8_october_7_2021.pdf
Effective Date: January 5, 2022. In Saskatchewan: February 8, 2022.
- Amendments to National Instrument 81-10181_101_ni_amendments_4_october_7_2021.pdf
Effective Date: January 5, 2022. In Saskatchewan: February 8, 2022.
- Amendments to National Instrument 81-10181_101_ni_amendments_2_october_7_2021.pdf
Effective Date: January 5, 2022. In Saskatchewan: February 8, 2022.
- Amendments to National Instrument 81-10181_101_ni_amendments_1_october_7_2021.pdf
Effective Date: January 5, 2022. In Saskatchewan: February 8, 2022.
- The Securities Commission (Adoption of National Instruments) (NI 81-105, NI 41-101 and NI 81-101) Amendment Regulations, 202081_101_ni_january_6_2021.pdf
Effective Date: December 31, 2020. In Saskatchewan: January 6, 2021.
Note: Phased in transition period for certain sections.
- Amendments to National Instrument 81-10181_101_ni_september_17_2020.pdf
Effective Date: December 31, 2020. In Saskatchewan: January 6, 2021.
Note: Phased in transition period for certain sections.
- Amendments to National Instrument 81-10181_101_ni_january_3_2019.pdf
Effective Date: January 3, 2019.
- Amendments to National Instrument 81-101 81_101_ni_december_8_2016.pdf
Effective Date: September 17, 2017 subject to ministerial approval.
- Companion Policy 81-101CP81_101_cp_march_11_2015.pdf
Effective Date: May 30, 2016.
Companion Policy 81-101CP to National Instrument 81-101 Mutual Fund Prospectus Disclosure.
- Amendments to Companion Policy 81-101CP81_101_cp_amendments_november_28_2024.pdf
Implementation of the Amendments will modernize the prospectus filing model for investment funds, with a particular focus on investment funds in continuous distribution. The CSA’s modernization will better reflect the shift from the delivery of the prospectus to the delivery of the Fund Facts and ETF Facts to investors and reduce unnecessary regulatory burden imposed by the current prospectus filing requirements under securities legislation on investment funds without affecting the currency or accuracy of the information available to investors to make an informed investment decision. The fund facts document and the ETF facts document will continue to be filed annually and will continue to be delivered to investors under the current delivery requirements.
Effective Date: March 3, 2025. If this Instrument is filed with the Registrar of Regulations after March 3, 2025, this Instrument comes into force on the day on which it is filed with the Registrar of Regulations.
- Amendments to Companion Policy 81-101CP81_101_cp_amemdments_2023_03_23.pdf
Effective Date: June 9, 2023. In Saskatchewan: June 20, 2023
- Changes to Companion Policy 81-101CP81_101_cp_changes_january_27_2022.pdf
Effective Date: June 1, 2022.
- Changes to Companion Policy 81-101CP81_101_cp_changes_january_20_2022.pdf
Effective Date: June 1, 2022.
- Changes to Companion Policy 81-101CP81_101_cp_changes_1_october_7_2021.pdf
Effective Date: January 5, 2022. In Saskatchewan: February 8, 2022.
- Changes to Companion Policy 81-101CP81_101_cp_changes_2_october_7_2021.pdf
Effective Date: January 5, 2022. In Saskatchewan: February 8, 2022.
- Changes to Companion Policy 81-101CP81_101_cp_february_20_2020.pdf
Effective Date: June 1, 2022.
- Changes to Companion Policy 81-101CP81_101_cp_december_8_2016.pdf
Effective Date: March 8, 2017.
- Form 81-101F1 Contents of Simplified Prospectus81_101_f1_september_22_2014.pdf
Effective Date: March 17, 2008. Consolidated to September 22, 2014.
- Form 81-101F2 Contents of Annual Information Form81_101_f2_september_22_2014.pdf
Effective Date: March 17, 2008. Consolidated to September 22, 2014.
- Form 81-101F3 Contents of Fund Facts Document81_101_f3_september_22_2014.pdf
Effective Date: January 20, 2014. Consolidated to September 22, 2014.