Variant of NAICS 1997 - Labour Force Survey (LFS) Industries
52691 - Open-End Investment Funds
This class comprises funds primarily engaged in investing in a specialized (except real estate) or a diversified portfolio of securities and other investments on behalf of their shareholders/unit holders. Shares are offered in an initial public offering, after which additional shares are offered continuously. Shares are redeemed at the market price, as determined by the net asset value.
526911 - Equity Funds - Canadian
This Canadian class comprises funds primarily engaged in investing in common shares of Canadian companies with the objective being investment appreciation or growth.
Example Activities:
- Equity funds, Canadian
526912 - Equity Funds - Foreign
This Canadian class comprises funds primarily engaged in investing common shares of foreign companies with the objective being investment appreciation or growth.
Example Activities:
- Equity funds, foreign
526913 - Mortgage Funds
This Canadian class comprises funds primarily engaged in investing in mortgages on property with the objective being interest income.
Example Activities:
- Mortgage funds
526914 - Money Market Funds
This Canadian class comprises funds primarily engaged in investing in money market instruments, short term investments, such as treasury bills, government or government guaranteed debt, or commercial paper with the objective being income from the change in short term interest rates. The investment may be in Canadian or foreign instruments.
Example Activities:
- Money market funds
526915 - Bond and Income / Dividend Funds - Canadian
This Canadian class comprises funds primarily engaged in investing in a portfolio of Canadian debt issues or preferred and/or common shares of Canadian companies with the objective being interest and/or dividend income.
Example Activities:
- Bond and income / Dividend funds, Canadian
526916 - Bond and Income / Dividend Funds - Foreign
This Canadian class comprises funds primarily engaged in investing in a portfolio of foreign debt issues or preferred and/or common shares of foreign companies with the objective being interest and/or dividend income.
Example Activities:
- Bond and income / Dividend funds, foreign
526917 - Balanced Funds / Asset Allocation Funds
This Canadian class comprises funds primarily engaged in investing in a portfolio that will include equity investments, fixed income investments and money market securities. The blend will depend on the fund as well as stock and bond trends, the objective being a balance of income and capital appreciation.
Example Activities:
- Balanced funds / Asset allocation funds
526919 - Other Open-Ended Funds
This Canadian class comprises other open-end funds, not classified to other classes, which invest in futures, precious metals, hedge funds and others.
Example Activities:
- Other open-ended funds
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