NPS 39 Mutual Funds [Rescinded]

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NPS 39
Published: 1992-12-04
Effective: 1992-12-03
Rescinded / Lapsed: 2000-02-01

Table of Contents

PREAMBLE

SECTION 1 - INTERPRETATION

SECTION 1.01 - DEFINITIONS
SECTION 1.02 - APPROVAL OF SECURITIES AUTHORITIES

SECTION 2 - INVESTMENTS

SECTION 2.01 - INVESTMENT POLICY STATEMENTS
SECTION 2.02 - QUALIFICATION FOR PLANS REGISTERED UNDER THE INCOME TAX ACT (CANADA)
SECTION 2.03 - "LEGAL FOR LIFE" STATEMENTS
SECTION 2.04 - INVESTMENT RESTRICTIONS
SECTION 2.05 - INVESTMENT PRACTICES
SECTION 2.06 - ILLIQUID INVESTMENTS
SECTION 2.07 - PERMITTED TRANSACTIONS IN DERIVATIVES
SECTION 2.08 - DISCLOSURE IN PROSPECTUS OF ADHERENCE TO STANDARD INVESTMENT RESTRICTIONS AND PRACTICES

SECTION 3 - NEW MUTUAL FUNDS

SECTION 3.01 - INITIAL INVESTMENT IN A NEW MUTUAL FUND
SECTION 3.02 - PROHIBITION AGAINST REIMBURSEMENT OF ORGANIZATION COSTS
SECTION 3.03 - DESIGNATION OF SECURITIES

SECTION 4 - DEALER MANAGED MUTUAL FUNDS

SECTION 4.01 - QUALIFICATION OF DEALER MANAGER
SECTION 4.02 - PROHIBITED INVESTMENTS
SECTION 4.03 - DEALER MANAGER ACTING AS PRINCIPAL

SECTION 5 - CERTIFICATES

SECTION 5.01 - MANAGER TO SIGN PROSPECTUS
SECTION 5.02 - TRUSTEED MUTUAL FUNDS

SECTION 6 - APPROVAL OF SECURITYHOLDERS FOR CERTAIN CHANGES

SECTION 6.01 - MATTERS REQUIRING SECURITYHOLDER APPROVAL
SECTION 6.02 - APPROVAL OF SECURITYHOLDERS
SECTION 6.03 - CIRCUMSTANCES IN WHICH APPROVAL OF SECURITYHOLDERS NOT REQUIRED
SECTION 6.04 - FORMALITIES WITH RESPECT TO MEETINGS OF SECURITYHOLDERS

SECTION 7 - CUSTODIANSHIP OF PORTFOLIO SECURITIES

SECTION 7.01 - CUSTODIANSHIP OF PORTFOLIO SECURITIES
SECTION 7.02 - PRESCRIBED GUIDELINES FOR ACTING AS CUSTODIAN
SECTION 7.03 - PRESCRIBED GUIDELINES FOR ACTING AS SUB-CUSTODIAN

SECTION 8 - MANAGEMENT FEES

SECTION 8.01 - DISCLOSURE OF FEES AND EXPENSES
SECTION 8.02 - INCENTIVE FEES
SECTION 8.03 - MANAGEMENT EXPENSE RATIO

SECTION 9 - APPROVAL OF SECURITIES AUTHORITIES FOR CERTAIN CHANGES

SECTION 9.01 - PRIOR APPROVAL REQUIRED FOR CERTAIN CHANGES
SECTION 9.02 - APPLICATIONS FOR PRIOR APPROVAL

SECTION 10 - CONTRACTUAL PLANS

SECTION 10.01 - CONTRACTUAL PLANS
SECTION 10.02 - EXTENDED MEANING OF SALES CHARGES
SECTION 10.03 - WITHDRAWAL RIGHTS UNDER CONTRACTUAL PLANS
SECTION 10.04 - RECORDS RELATING TO WITHDRAWAL RIGHTS

SECTION 11 - SALE AND REDEMPTION OF SECURITIES OF A MUTUAL FUND

SECTION 11.01 - OBJECTIVES
SECTION 11.02 - TRANSMITTAL OF ORDERS FOR THE PURCHASE OR REDEMPTION OF SECURITIES
SECTION 11.03 - ACCEPTANCE OF ORDERS TO PURCHASE SECURITIES
SECTION 11.04 - FORWARD PRICING - SALES AND REDEMPTIONS
SECTION 11.05 - FREQUENCY OF DETERMINING NET ASSET VALUE
SECTION 11.06 - DISCLOSURE OF SALES CHARGES
SECTION 11.07 - MAXIMUM PERIOD OF TIME FOR PAYMENT OF THE ISSUE PRICE OF SECURITIES
SECTION 11.08 - COMPLIANCE REPORT

SECTION 12 - COMMINGLING OF MONEY

SECTION 12.01 - PRINCIPAL DISTRIBUTORS - COMMINGLING OF MONEY
SECTION 12.02 - DEEMED COMPLIANCE
SECTION 12.03 - SUB-DISTRIBUTORS - COMMINGLING OF MONEY
SECTION 12.04 - COMPLIANCE REPORT
SECTION 12.05 - EXEMPTION

SECTION 13 - REDEMPTION OF SECURITIES

SECTION 13.01 - DISCLOSURE OF REDEMPTION PROCEDURES
SECTION 13.02 - PAYMENT OF REDEMPTION PROCEEDS
SECTION 13.03 - PAYMENT OF REDEMPTION PROCEEDS IN SPECIE
SECTION 13.04 - SUSPENSION OF REDEMPTIONS

SECTION 14 - COMPUTATION OF NET ASSET VALUE

SECTION 14.01 - PORTFOLIO TRANSACTIONS
SECTION 14.02 - CAPITAL TRANSACTIONS
SECTION 14.03 - VALUATION OF PORTFOLIO SECURITIES
SECTION 14.04 - VALUATION OF RESTRICTED SECURITIES
SECTION 14.05 - VALUATION OF PERMITTED DERIVATIVES
SECTION 14.06 - INFORMATION ABOUT PERMITTED DERIVATIVES
SECTION 14.07 - NET ASSET VALUE TO BE STATED

SECTION 15 - DISTRIBUTIONS

SECTION 15.01 - RECORD DATE

SECTION 16 - ADVERTISING

SECTION 16.01  - DEFINITIONS
SECTION 16.02 - GENERAL REQUIREMENTS
SECTION 16.03 - DISCLOSURE REGARDING FEES AND CHARGES
SECTION 16.04 - PERFORMANCE DATA
SECTION 16.05 - CALCULATION OF STANDARD PERFORMANCE DATA
SECTION 16.06 - WARNINGS
SECTION 16.07 - SALES COMMUNICATIONS DURING THE WAITING PERIOD
SECTION 16.08 - APPLICATION OF OTHER POLICIES
SECTION 16.09 - EFFECTIVE  DATE AND TRANSITION PERIOD

SCHEDULE I
SCHEDULE II
SCHEDULE III