Setting up a Mutual Fund Trust (MFT) in Ontario
A mutual fund trust (MFT) can be a flexible and tax-efficient structure for pooled investments in Ontario, Canada. When properly structured, an MFT may support the flow-through of income and gains to investors under the Income Tax Act (Canada), while also engaging securities law requirements relating to exempt distributions, registration, and investment fund regulation. This guide explains how trust law, NI 45-106, NI 31-103, NI 81-106, and MFT qualification requirements fit together in practice.