Investing in a Canadian Mutual Fund Trust
April 6, 2026
en investing in an MFT, there are two layers of tax reporting clients must consider, namely: the top investor layer and the underlying, fund layer. Cat’s initial investment in the fund is $250,000 – this is the top layer. Upon receipt of the $250,000, portfolio managers of Fund A invest the funds by purchasing securities such as shares and bonds that align with the fund mandate.