In a previous post on mutual funds we briefly mentioned Fund Facts and some of the information they include. Fund Facts must be filed by all mutual funds annually and they must be updated whenever there is a material change to the fund.
NSSC Blog: Before You Invest
An Exchange-Traded Fund, or ETF as they are commonly known, are an investment fund traded on a stock exchange that holds assets such as stocks, commodities or bonds which track an index or specialize in a specific sector such as technology.
An Initial Public Offering (IPO) is the process involved to take a business public to sell securities such as shares.
When the media are reporting on the markets you’ll often hear them use the terms Bear Market or Bull Market. If you don’t know what either of those terms means in reference to what the market is doing, it won’t help you as an investor. Let’s clear the air by defining both.
If you think the only stock exchange in Canada is the Toronto Stock Exchange you’re missing more than a few. Currently there are six stock exchanges registered in Canada and each is just a little different.
A cease trade order, or CTO as is commonly referred to, is a sanction available to the Nova Scotia Securities Commission when companies or individuals violate securities laws.
Initial Coin Offerings (ICOs) using cryptocurrencies are a new way for businesses to raise capital.
Cryptocurrencies are online currencies that have their own monetary value but are not tied to a country or bank. They run on a distributed public ledger also called a blockchain which is a decentralized record of all transactions by currency holders. The most popular and known cryptocurrency is bit coin, but there many others including Ethereum and Ripple.
In this instance we’re referring to a prospectus that must be filed when a company wants to sell shares to the public. This formal document must be filed with the securities commission and provide specific details on the investment offering.
Once a company in Nova Scotia becomes a reporting issuer and sells shares to the public, it must comply with a number of regulations under the Nova Scotia Securities Act.