81-102 – Investment Funds (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
81-102 – Investment Funds (National Instrument)
- Investment Funds - For financial years beginning on or after January 1, 201481_102_ni_september_22_2014.pdf
Effective Date: Nationally February 1, 2000. In Saskatchewan Apr 19, 2000. Consolidated to September 22, 2014.
Regulates all publicly offered investment funds that give investors the right to redeem securities on demand, including specialized mutual funds such as labour sponsored investment funds and mortgage funds.
- Mutual Funds - For financial years beginning before January 1, 201481_102_ni_january_20_2014.pdf
Consolidated to January 1, 2014.
- Amendments to National Instrument 81-10281_102_ni_amendments_april_17_2025.pdf
The amendments to National Instrument 81-102 Investment Funds and Companion Policy 81-102 Investment Funds (the Amendments) will codify practices of existing Public Crypto Asset Funds, developed mainly through the prospectus review process, as well as codify exemptive relief previously granted to existing Public Crypto Asset Funds. The Amendments will provide investment fund managers with greater regulatory clarity concerning investments in crypto assets. The intent is to facilitate new product development while also ensuring that appropriate risk mitigation measures are built directly into the investment fund regulatory framework.
Effective Date: July 16, 2025. If this Instrument is filed with the Registrar of Regulations after July 16, 2025, this Instrument comes into force on the day on which it is filed with the Registrar of Regulations.
- Amendments to National Instrument 81-10281_102_ni_amendments_august_31_2024.pdf
Effective Date: August 31, 2024. In Saskatchewan: August 31, 2024.
- Amendments to National Instrument 81-10281_102_amendments_july_15_2023.pdf
Effective Date: September 13, 2023. If this Instrument is filed with the Registrar of Regulations after September 13, 2023, this Instrument comes into force on the day on which it is filed with the Registrar of Regulations.
- 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.
- 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.
- Amendments to National Instrument 81-10281_102_ni_amendments_7_october_7_2021.pdf
Effective Date: January 5, 2022. In Saskatchewan: February 8, 2022.
- Amendments to National Instrument 81-10281_102_ni_amendments_6_october_7_2021.pdf
Effective Date: January 5, 2022. In Saskatchewan: February 8, 2022.
- Amendments to National Instrument 81-10281_102_ni_amendments_5_october_7_2021.pdf
Effective Date: January 5, 2022. In Saskatchewan: February 8, 2022.
- Amendments to National Instrument 81-10281_102_ni_amendments_2_october_7_2021.pdf
Effective Date: January 5, 2022. In Saskatchewan: February 8, 2022.
- Amendments to National Instrument 81-10281_102_ni_amendments_1_october_7_2021.pdf
Effective Date: January 5, 2022. In Saskatchewan: February 8, 2022.
- Amendments to NI 81-10281_102_ni_january_3_2019.pdf
Effective Date: January 3, 2019.
- Amendments to NI 81-10281_102_ni_september_14_2017.pdf
Effective Date: November 14, 2017 subject to ministeral approval.
- Amendments to NI 81-10281_102_ni_december_8_2016.pdf
Effective Date: March 8, 2017.
- Companion Policy 81-102CP81_102_cp_september_22_2014.pdf
Effective Date: Nationally February 1, 2000. In Saskatchewan Apr 19, 2000. Consolidated to September 22, 2014.
- Amendments to Companion Policy 81-102CP81_102_cp_changes_april_17_2025.pdf
The amendments to National Instrument 81-102 Investment Funds and Companion Policy 81-102 Investment Funds (the Amendments) will codify practices of existing Public Crypto Asset Funds, developed mainly through the prospectus review process, as well as codify exemptive relief previously granted to existing Public Crypto Asset Funds. The Amendments will provide investment fund managers with greater regulatory clarity concerning investments in crypto assets. The intent is to facilitate new product development while also ensuring that appropriate risk mitigation measures are built directly into the investment fund regulatory framework.
Effective Date: July 16, 2025. If this Instrument is filed with the Registrar of Regulations after July 16, 2025, this Instrument comes into force on the day on which it is filed with the Registrar of Regulations.
- Changes to Companion Policy 81-102CP81_102_cp_changes_may_23_2024.pdf
These amendments will come into force on August 31, 2024 or on the day on which it is filed with the Registrar of Regulations.
- Amendments to Companion Policy 81-102CP81_102_cp_amemdments_2023_03_23.pdf
Effective Date: Subject to Ministerial approval – June 9, 2023.
- Changes to Companion Policy 81-102CP81_102_cp_changes_7_october_7_2021.pdf
Effective Date: January 5, 2022. In Saskatchewan: February 8, 2022.
- Changes to Companion Policy 81-102CP81_102_cp_changes_6_october_7_2021.pdf
Effective Date: January 5, 2022. In Saskatchewan: February 8, 2022.
- Changes to Companion Policy 81-102CP81_102_cp_changes_5_october_7_2021.pdf
Effective Date: January 5, 2022. In Saskatchewan: February 8, 2022.
- Changes to Companion Policy 81-102CP81_102_cp_changes_1_october_7_2021.pdf
Effective Date: January 5, 2022. In Saskatchewan: February 8, 2022.