The Money Management Contract is essential for establishing professional investment management relationships in Canada, used when an individual or institution delegates investment authority to a professional manager. This contract type is fundamental in the Canadian financial services industry, requiring compliance with federal legislation such as the Bank Act and provincial securities laws. The document typically includes comprehensive details about investment strategies, risk management, fee structures, and reporting requirements. It's particularly important as it establishes fiduciary responsibilities and must align with regulations from various Canadian authorities including IIROC and provincial securities commissions. The contract serves as a crucial risk management tool, providing clear guidelines for investment decisions while protecting both the client's and manager's interests.

1. Parties: Identification of the money manager and client, including full legal names, addresses, and registration details

2. Background: Context of the agreement and brief description of the services to be provided

3. Definitions: Definitions of key terms used throughout the agreement

4. Appointment and Scope of Services: Formal appointment of the money manager and detailed description of services to be provided

5. Authority and Discretion: Extent of money manager's authority to make investment decisions and manage funds

6. Investment Guidelines and Restrictions: Parameters within which the money manager must operate, including investment objectives and constraints

7. Fees and Expenses: Detailed breakdown of management fees, performance fees, and other charges

8. Reporting and Communication: Requirements for periodic reporting, account statements, and communication protocols

9. Representations and Warranties: Statements of fact and guarantees from both parties

10. Compliance with Laws: Commitment to comply with relevant laws and regulations

11. Confidentiality: Protection of confidential information and client privacy

12. Risk Acknowledgment: Client's acknowledgment of investment risks

13. Termination: Conditions and procedures for ending the agreement

14. Liability and Indemnification: Extent of money manager's liability and mutual indemnification provisions

15. General Provisions: Standard legal provisions including governing law, amendments, and notices