October is Investor Education Month in Canada and to mark the occasion the Mutual Fund Dealers Association of Canada (MFDA) is announcing the launch of an investor education section on its website.
In the new section, investors can find information about mutual funds, including information about fees and FundFacts documents, as well as information on checking an advisor’s registration and discipline history, and advice on avoiding fraud and financial harm.
Links to investor education resources from members of the Canadian Securities Administrators are provided as well as other regulators and international organizations.
“Investor Education is a key component of the MFDA’s investor protection mandate. The Investor Education section of the website will benefit all Canadian investors by serving as a repository of information on mutual fund investing and ways to protect oneself from financial harm,” said Mark Gordon, MFDA president and CEO.
Investors who are seniors can also review the seniors’ section of the MFDA website which contains information about the assistance that the MFDA can provide to seniors, as well as a library of links to on-line resources directed towards Canadian seniors.