TERMIUM Plus^®

Fiche 1,  Justifications,  Anglais

Record number: 1, Textual support number: 1 DEF

A fund which tries to mimic the performance and/or the strategy of a successful, existing fund.  2, fiche 1, Anglais, - clone%20fund

Record number: 1, Textual support number: 1 CONT

The money you invest in a clone fund actually goes on deposit in a Canadian financial institution. Then a small portion of it is used to purchase a forward contract, also known as a derivative, which holds foreign assets equal to those in the original fund. So, it gives you a return equal to the foreign fund, but because most of the money sits in a Canadian bank, Revenue Canada has determined that the clone fund actually qualifies as Canadian content for your RRSP.  3, fiche 1, Anglais, - clone%20fund

Fiche 1,  Justifications,  Français

Record number: 1, Textual support number: 1 DEF

Fonds se servant d'instruments dérivés pour refléter la performance de certains fonds communs de placement internationaux, mais classés comme teneur canadienne aux fins du REER.  1, fiche 1, Français, - fonds%20clone

Fiche 1,  Justifications,  Espagnol