Stone Asset Management Limited Announces Securityholder Approval of Changes to Two Mutual Funds
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 07/11/17 -- Stone Asset Management Limited ("SAM"), the investment fund manager and portfolio manager of Stone & Co. Flagship Growth & Income Fund Canada and Stone & Co. Flagship Stock Fund Canada (the "Funds"), today announced that securityholders of the Funds have approved changes to the Funds' fundamental investment objectives. A summary of the changes is as follows:
The changes are expected to provide greater diversification and a wider range of investment opportunities for the two Funds by expanding the investment horizons beyond a weighting primarily in securities of Canadian issuers. No changes were made to the investment time horizon of the Funds.
The change in investment objectives will be effective on or about August 25, 2017, in conjunction with the renewal of the Funds' simplified prospectus and annual information form. Full particulars of the changes are outlined in a management circular dated June 10, 2017 which is available on SEDAR.
About SAM
SAM is a wholly owned subsidiary of Stone Investment Group Limited, an independent Canadian-owned wealth management company. SAM provides investment management services via distinctive investment mandates, overseen daily by the disciplined execution of a proprietary investment process and investment philosophy. Access to SAM investment mandates can be achieved via a family of open-ended mutual funds, a pooled fund, and Private Wealth Management services. SAM's expertise ranges from servicing Canada's retail investors and working with their financial advisors to the complexities of working directly with Family Offices, endowments and foundations. At Stone, we want our investors to sleep well, knowing they'll have the financial resources to live well.
Contacts:
Stone Investment Group Limited
Jason Stone
Investor Relations
T 416 867 2533 T 800 336 9528 x4429
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Datum: 11.07.2017 - 18:39 Uhr
Sprache: Deutsch
News-ID 551916
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TORONTO, ONTARIO
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Investment Opinion
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