Companion Policy to NI 81-102 Investment Funds
Part 13 Prohibited Representations and Sales Communications
Section 13.3

Sales Communications of Non-Redeemable Investment Funds During the Waiting Period and the Distribution Period –

The Canadian securities regulatory authorities remind non-redeemable investment funds of the restrictions contained in securities legislation relating to the distribution of material and advertising and marketing in connection with a prospectus offering during the waiting period and during thedistribution period following the issuance of a receipt for the final prospectus. Part 15 of the Instrument does not vary any of the restrictions imposed during these periods.