THE 360 NEWSLETTER

Please be advised that effective June 12, 2023, the weekly KYP alerts you currently receive, advising you of any KYP due diligence resets due to material changes made to a fund, will be combined with the weekly KYP compliance alerts which notify you on any funds that have been traded in the previous week for which the KYP due diligence process was not completed.

If material changes were made to a fund that would trigger a due diligence reset AND if there are funds that you have traded on in the previous week with an incomplete a KYP due diligence exam, then you will receive a combined alert for both. These alerts will be sent from investia.notification@investia.ca with the subject: KYP Weekly Alert.

If there were no material changes to a fund for that week but there were funds that you have traded on in the previous week with an incomplete KYP due diligence exam, then you will only receive notice about the latter. The reverse is also true, if there were material changes made to a fund for that week but there were no funds that were traded on in the previous week with an incomplete KYP exam, then you will only receive notice regarding the former.

Reminders:

• Any incoming transaction (i.e., purchases, switches, transfers in and pre-authorized contributions) done for the previous week will trigger a notice if the KYP due diligence process was not completed.
• It is understood that if the fund is being traded on for the first time in your book of business, you do not have the capability to demonstrate you have completed the KYP due diligence process using the KYP Tool prior to processing the trade. In such cases, we ask that you please treat the weekly notice as a simple reminder for you to go to the KYP Tool to evidence you’ve completed the due diligence within the next 7 business days. 
• Additionally, if you have completed the KYP since the date of the weekly alert, please disregard the email notice.

Should you have any questions or require additional information, please do not hesitate to contact your Compliance Officer.