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ARTICLE · 05 NOVEMBER 2024

From Concepts To Compliance: OSC Consults On Long-Term Asset Funds

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The Ontario Securities Commission (OSC) has released an interesting discussion paper with respect to a potential new type of public investment fund that could hold long-term assets.

CanadaFinance and Banking
AUM Law
AUM Law
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The Ontario Securities Commission (OSC) has released an interesting discussion paper with respect to a potential new type of public investment fund that could hold long-term assets. In Consultation Paper 81-737 Opportunity to Improve Retail Investor Access to Long-Term Assets through Investment Fund Product Structures, the OSC sets out a framework proposal relating to investment funds (to be known as Ontario Long-Term Funds (OLTFs)) that would allow investments in long-term illiquid assets. In addition to potentially providing benefits to investors such as increased diversification, these structures could lead to more investment in capital-intensive assets such as infrastructure and natural resource projects.

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