Business Activity Disclosure

As a Carte Wealth Management Inc. Representative, I am engaged in various business activities including being a registered Mutual Funds Salesperson, licensed Life Insurance Agent, and a Director/Owner, and represent separate companies for each purpose. As such, you may be dealing with more than one company depending on the products purchased, or services rendered. Remuneration also varies with the products purchased, or services rendered. I will be representing Carte Wealth Management Inc. for the sale of mutual fund products and will provide you with the name of the entity that I represent while conducting business as a licensed Life Insurance Agent, and a Director/Owner. The business activities relating to my position as a licensed Life Insurance Agent, and a Director/Owner, are not the business of, or under the supervision of Carte Wealth Management Inc., and Carte Wealth Management Inc. will not be liable or responsible for such activities.

I, Sukhwinder Kang, am a registered mutual fund salesperson represented by Carte Wealth Management Inc.

  1. I am also a licensed Life Insurance Agent under contract with Carte Risk Management Inc., Financial Horizon, Aaxel Insurance Brokers Ltd., and Fair Advice Financials, insurance managing general agency. Any activity relating to my occupation as a licensed Life Insurance Agent is not the business of, or under the supervision of Carte Wealth Management Inc., and Carte Wealth Management Inc. will not be liable or responsible for such activities.
  2. I am also a Director/Owner of Kang Tax & Financial Services, an entity through which I prepare and file income tax returns for clients. Furthermore, Kang Tax & Financial Services is used as my trade name when conducting mutual fund related business. Any activity relating to my occupation as Director/Owner is not the business of, or under the supervision of Carte Wealth Management Inc., and Carte Wealth Management Inc. will not be liable or responsible for such activities.
  3. I am also a Director/Owner of 2366041 Ontario Inc., an entity to which my mutual fund commissions are paid, which is the sole purpose of the entity. Any activity relating to my occupation as Director/Owner is not the business of, or under the supervision of Carte Wealth Management Inc., and Carte Wealth Management Inc. will not be liable or responsible for such activities.
  4. I, Sukhwinder Kang, wish this distinction to be clear, and if you are not sure of the difference, let us discuss it, or I can suggest sources from which you can obtain the necessary explanation. Our self-regulatory organization, The Mutual Fund Dealers Association of Canada (“MFDA”), has rules which state that the distinction between these business activities must be clear and that you understand the difference for the purposes of this transaction.