Caldwell Investment Management Ltd. announces risk rating change to the Clearpoint Short Term Income Fund
TORONTO, March 05, 2019 (GLOBE NEWSWIRE) -- Caldwell Investment Management Ltd. today announced a change to the investment risk rating of the Clearpoint Short Term Income Fund (the “Fund”) as listed in the table below and reflected in the Fund’s 2019 annual simplified prospectus:
| Name of Fund | Previous Risk Rating | New Risk Rating | Date of 2019 Prospectus |
| Clearpoint Short Term Income Fund | Low | Low to Medium | February 28, 2019 |
The risk rating change of the Fund results from compliance with the Canadian Securities Administrators’ updated Risk Classification Methodology (December 2016). The new risk rating is not as a result of changes to the investment objectives, strategies or portfolio management of the Fund.
Details about the Fund’s risk classification methodology are available on request, at no cost, by calling Caldwell Investment Management Ltd. toll-free at 1-800-256-2441 or by writing to Caldwell Investment Management Ltd., 150 King Street West, Suite 1702, P.O. Box 47, Toronto, Ontario, M5H 1J9.
For additional information, please contact:
Brendan T. N. Caldwell, President & Chief Executive Officer, at 1-800-256-2441
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
150 King Street West, Suite 1702, P.O. Box 47, Toronto, ON M5H 1J9
www.caldwellinvestment.com 416-593-1798 or 1-800-256-2441
