Companion Policy to NI 81-106 Investment Fund Continuous Disclosure
Part 1 Purpose and Application of the Companion Policy
Section 1.4

Plain Language Principles

The CSA believe that plain language will help investors understand an investment fund’s disclosure documents so that they can make informed investment decisions. You can achieve this by

  • using short sentences
  • using definite, everyday language
  • using the active voice
  • avoiding unnecessary words
  • organizing the document into clear, concise sections, paragraphs and sentences
  • avoiding jargon
  • using personal pronouns to speak directly to the reader
  • avoiding reliance on glossaries and defined terms unless it helps to understand the disclosure
  • using technical terms only where necessary and explaining those terms clearly
  • avoiding boilerplate wording
  • using concrete terms and examples
  • using charts and tables where it makes the disclosure easier to understand.