Investors

RESTRICTED AREA

Access to certain areas of our website is restricted to qualified investors.

The contents of this page are intended for use only by persons who qualify as “accredited investors”. Under Canadian securities legislation (National Instrument 45-106 – Prospectus Exemptions or, in Ontario, the Securities Act (Ontario)) a person qualifies as an accredited investor if any of the criteria listed below are met. If you are unsure whether you qualify as an accredited investor, please consult your dealer or other qualified financial or legal advisor.

a) An individual who, either alone or with a spouse, beneficially owns financial assets (cash, securities, etc.) having an aggregate realizable value that (before taxes, but net of any related liabilities) exceeds $1,000,000.

b) An individual who, either alone or with a spouse, has net assets of at least $5,000,000.

c) A person (including a corporation), other than an individual or investment fund, that has net assets of at least $5,000,000 as shown on its most recently prepared financial statements.

d) An individual whose net income before taxes exceeded $200,000 in each of the 2 most recent calendar years and who reasonably expects to exceed that net income level in the current calendar year.

e) An individual whose net income before taxes combined with that of a spouse exceeded $300,000 in each of the 2 most recent calendar years and who reasonably expects to exceed that net income level in the current calendar year.

f) A person acting on behalf of a fully managed account managed by that person, if that person is registered or authorized to carry on business as an adviser or the equivalent under the securities legislation of a jurisdiction of Canada or a foreign jurisdiction.

g) A trust established by an accredited investor for the benefit of the accredited investor’s family members of which a majority of the trustees are accredited investors and all of the beneficiaries are the accredited investor’s spouse, a former spouse of the accredited investor or a parent, grandparent, brother, sister, child or grandchild of that accredited investor, of that accredited investor’s spouse or of that accredited investor’s former spouse.

h) A person in respect of which all of the owners of interests, direct, indirect or beneficial (except the voting securities required by law to be owned by directors) are persons that are accredited investors.

i) An individual registered or formerly registered under the securities legislation of a jurisdiction of Canada as a representative of a registered adviser or dealer (other than an individual formerly registered solely as a representative of a limited market dealer under the Securities Act (Ontario) or the Securities Act (Newfoundland and Labrador)).

j) A person that is recognized or designated by the applicable securities regulatory authority in the relevant jurisdiction as an accredited investor.

k) Certain types of entities that meet the applicable requirements in the legislation, including (but not limited to) financial institutions and their subsidiaries, firms registered under Canadian securities legislation, governments and their agencies, regulated pension funds, investment funds, trust companies and registered charities.

Please note that if you are a resident of Canada, in a province other than Ontario, British Columbia or Quebec, and if you decide to invest in a fund managed by Forum Asset Management Inc., you will need to do so through a registered dealer in your province of residence.

Who We Are
Team

Privacy Policy

Accountability

Forum Make Space (“FMS”) acknowledges the importance and necessity of safeguarding non-public personal information (“NPPI”) belonging to clients. Forum Make Space’s Chief Privacy Officer has been appointed to ensure compliance with privacy legislation and to inform all Forum Make Space staff of the need to use the utmost discretion when dealing with client information. Forum Make Space’s Chief Privacy Officer ensures Forum Make Space staff receive the appropriate training required under applicable laws. Forum Make Space’s Chief Privacy Officer has the responsibility to carefully analyze and alter collection procedures to assure maximum privacy protection.

Identifying Purposes

NPPI is collected in order to determine a client’s identity, establish a client’s eligibility for a product or service, to protect all parties against errors or fraud (e.g., money laundering), to comply with legal requirements (e.g., anti-terrorism legislation) and to communicate with the client (e.g., sending annual financial statements of the funds managed by Forum Make Space). Forum Make Space commits to using NPPI solely for the purposes identified at the time of its collection.

Consent

Forum Make Space will not disclose any NPPI, except as required by law, without first asking for a clients’ informed consent. In most cases, consent is obtained via the subscription agreement process for client investments in funds managed by Forum Make Space. If information is required for any use not described at the time of collection, Forum Make Space will take the necessary steps to seek additional consent. Consent may be expressed in writing, orally or may be implied directly by the client or the client’s authorized representative. Consent to use NPPI may be withdrawn at any time by contacting Forum Make Space’s Chief Privacy Officer. Note however that legal or other requirements may prevent clients from withholding consent and a decision to withhold personal information may limit the services or products that Forum Make Space can provide to the client.

Limiting Collection

Forum Make Space will only collect NPPI for specific purposes. Forum Make Space will do its best to explain in a clear and informative fashion why the collection of personal information is necessary. Forum Make Space does not collect any NPPI from visitors browsing its website, although disclosure of some personal information may be required if a visitor chooses to send Forum Make Space an email message.

Limiting Use, Disclosure and Retention

Forum Make Space may be required to share NPPI with other parties as required by law (e.g., for tax reporting purposes to the government) and with third parties who provide services to Forum Make Space (e.g., unitholder registration, administrative services, technological services, client statement preparation and mailing). Forum Make Space has agreements with these third-party service providers to ensure the proper handling and protection of personal information. Forum Make Space may also be required to provide client information when responding to a search warrant, court order or other legally valid request.

Forum Make Space will only retain NPPI for as long as it is needed in order to satisfy the stated purposes at the time of collection. When the information is no longer required, we will take the necessary measures to destroy, dispose of, or erase the information, subject to any other legal or regulatory requirements. If a client decides to terminate their relationship with Forum Make Space, we will continue to adhere to the privacy policies and practices outlined in this Policy.

Accuracy

Forum Make Space strives to ensure that client information is always accurate. Clients are requested to monitor any information provided to them for errors and advise the Forum Make Space’s Chief Privacy Officer or their Forum Make Space representative for prompt correction.

Openness

Forum Make Space actively attempts to explain its policies, procedures and methods on managing NPPI to its clients. Forum Make Space’s Privacy Policy can be found on our website (Privacy Policy | Forum Make Space (forummssf.ca)) or can be requested via email or phone and will be provided at no charge. If clients have any additional questions, the Chief Privacy Officer will do their best to help them understand Forum Make Space’s policies and procedures.

Individual Access

Individuals have the right to verify the accuracy and completeness of their personal information and may request that it be amended. When requested, and supported by appropriate identity information, Forum Make Space will provide clients with their NPPI maintained in its files. Under certain circumstances, Forum Make Space may not be able to provide clients with access to specific pieces of information, if, for example (i) the information contains references to other persons, (ii) the information contains proprietary information confidential to Forum Make Space, (iii) the information has been destroyed or (iv) the information is too costly to retrieve.

Safeguards and Reporting of Breaches

Forum Make Space has established policies, procedures, guidelines and security measures in order to ensure that NPPI is protected against unauthorized access, theft or improper disclosure. Security measures include controlled access to Forum Make Space’s office and records within the office, password requirements to access Forum Make Space’s networks and systems and restricted access to information stored in Forum Make Space systems. All Forum Make Space staff are subject to privacy procedures when dealing with NPPI and are responsible for ensuring the confidentiality of any information that is accessed.

As required by law, Forum Make Space will record any breach of security safeguards involving NPPI under its control and will report such a breach to the appropriate regulatory body and/or applicable organization if there is a real risk of significant harm to any affected individual. Forum Make Space will also notify affected individuals if the circumstances are such that it is reasonable to believe that the breach creates a real risk of significant harm to the individual. The notification to an individual will contain sufficient information to allow them to understand the significance of the breach and to take steps to reduce the risk of harm that could result from it. The notification will also contain any other information as prescribed by regulation or law.

Questions and Concerns

Questions about this policy or concerns about potential misuse of NPPI should be addressed to Forum Make Space’s Chief Privacy Officer and will be dealt with in a timely fashion. If an individual is not satisfied with Forum Make Space’s actions, a complaint can be made to the attention of the Canadian federal Privacy Commissioner.

 

Mail:
Forum Asset Management Inc.
181 Bay Street, EP 210

Toronto, Ontario M5J 2T3