• Amendments to National Instrument 81-106 regarding the Calculation of Net Asset Value Come into Force
  • September 19, 2008 | Author: Anil Aggarwal
  • Law Firm: Fasken Martineau DuMoulin LLP - Toronto Office
  • On September 8, 2008, long-anticipated amendments to National Instrument 81- 106 Investment Fund Continuous Disclosure ("NI 81-106") are scheduled to come into force allowing the investment fund industry to continue to calculate a fund's net asset value ("NAV"), for all purposes other than financial statement reporting, according to fair value.