Globe HySales is CIFSC Compliant
Diverse asset classes makes fund comparisons more meaningful.
Globe HySales follows the standards set forth by CIFSC (Canadian Investment Funds Standards Committee ) for mutual fund classification in Canada. Once a year the categories are reviewed and any changes in the asset classes are incorporated into Globe HySales
For more information on CIFSC and the asset classes that are used, please go to http://www.cifsc.org .
Under CIFSC standards, there are 34 asset categories to which individual funds will be assigned. The criteria for allocation into a specific fund category is as follows. Firstly, a funds objective and style, as presented in the prospectus, is looked at to determine the appropriate asset category. Then the funds actual portfolio holdings over a period of time are examined to determine its placement within a specific category.
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