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Brandes Investment Partners & Co. and Nuveen Global Green Bond Fund

2023-11-16 | Decision | Securities Act | Investment funds and structured products | https://www.osc.ca/en/securities-law/orders-rulings-decisions/brandes-investment-partners-co-and-nuveen-global-green-bond-fund

Securities Act, R.S.O. 1990, c. S.5, as am., s. 62(5).


The Ontario Securities Commission has granted Brandes Investment Partners & Co. (the Filer) an extension of the prospectus lapse date for the Nuveen Global Green Bond Fund (the Fund) by 86 days. This decision, under the Securities Act, R.S.O. 1990, c. S.5, as am., s. 62(5), allows the Filer to consolidate the Fund’s prospectus with the prospectus of other funds under its management. The Filer sought this exemption to reduce renewal, printing, and related costs and to streamline disclosure across its fund platform. The extension will not affect the accuracy of the information in the current prospectus or be prejudicial to the public interest. The Filer will amend the current prospectus and fund facts document(s) if any material changes occur in the Fund’s business, operations, or affairs. The decision is based on National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions and Multilateral Instrument 11-102 Passport System.