February 9, 2016 Securities

Following the release of report by Douglas Cumming, Sofia Johan and Yelin Zhang - "A Dissection of Mutual Fund Fees, Flows and Performance" in October 2015, the authors received several questions and comments on the research.

The Canadian Securities Administrators (CSA) asked Professor Cumming to publish a list of the questions he has received thus far along with his responses so that all stakeholders may benefit from the information. The list of Frequently Asked Questions This link will open in a new window is available on the CSA website.

The CSA also note that in response to some of the questions received, the authors have provided additional analysis and updates to the report. A new version of the report "A Dissection of Mutual Fund Fees, Flows and Performance This link will open in a new window" is also available on the CSA website.