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Exemptive relief granted to file a mutual fund prospectus more than 90 days after preliminary receipt.
The manager of Dynamic Strategic Resource Class applied for exemptive relief from subsection 2.1(2) of National Instrument 81-101, which prohibits filing a prospectus more than 90 days after the receipt for the preliminary prospectus.
The Director of the Ontario Securities Commission granted the requested exemption, subject to the condition that the prospectus be filed no later than November 18, 2011.