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Fidelity Investments Canada ULC et al.

June 25, 2024 | Decision | Securities Act | Investment funds | https://www.osc.ca/en/securities-law/orders-rulings-decisions/fidelity-investments-canada-ulc-et-al-9

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


The Ontario Securities Commission granted Fidelity Investments Canada ULC an extension of the prospectus lapse date for four terminating ETFs until September 6, 2024. This decision was made to align with the ETFs’ planned termination and delisting dates, avoiding unnecessary costs and confusion from renewing the prospectus shortly before termination. The extension was granted under section 62(5) of the Securities Act, R.S.O. 1990, c. S.5, as amended. The decision ensures that the current prospectus remains accurate and up-to-date, with no material changes since its last filing. The extension applies only to the terminating ETFs, not affecting other funds under the same prospectus.

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