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NCM Asset Management Ltd. Announces Risk Rating Changes of Certain Mutual Funds  

CALGARY, Alberta, May 21, 2019 (GLOBE NEWSWIRE) -- NCM Asset Management Ltd. (“NCM”), the manager of a strategically focused group of public mutual funds, alternative investment funds, and limited partnerships, announces today that as a result of its annual review of the investment risk level of the funds under its management, the Manager has determined that the risk ratings of certain funds have changed, as follows:

Name of the Fund Current risk level Past risk level
NCM Global Income Growth Class Low to Medium Medium
NCM Short Term Income Fund Low Low to Medium
NCM Balanced Income Portfolio Low Low to Medium
NCM Conservative Income Portfolio Low Low to Medium
NCM Growth and Income Portfolio Low Low to Medium

This change will be reflected in the simplified prospectus of the Fund, which will be filed with the Canadian securities regulators on May 22, 2019 in connection with the Funds’ 2019 annual renewal.

The investment objectives and strategies of the Funds will not change.   

NCM is a Canadian investment firm with offices in Calgary and Toronto. Please visit www.ncminvestments.com for more details about NCM and its investment products. For the complete disclosure record of the NCM Group of Funds, please visit www.sedar.com.

About NCM Asset Management Ltd.

For over 20 years, NCM has been one of Canada’s leaders in actively managed investment products. With an in-house portfolio management team and a family of actively managed funds, NCM has earned multiple awards recognizing its investment success. NCM is an independent Canadian investment firm with offices in Calgary and Toronto, distributing retail mutual funds and related products and services to Canadian investors, through a third party distribution channel.  (www.ncminvestments.com)

For further information or assistance, please contact:

NCM Asset Management Ltd.

Dealer & Client Services
Attention: Ellen Barbour
Toll Free: 1-877-531-9355
Dome Tower – Suite 1850, 333 – 7th Avenue S.W., Calgary, AB  T2P 2Z1
Email: info@ncminvestments.com| Website: www.ncminvestments.com

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