Investors Group announces change in risk rating of one fund
Winnipeg, MB – June 17, 2014: Investors Group announced today that the risk rating associated with Investors Canadian Balanced Fund has been increased. This change will be reflected in an updated simplified prospectus, which is expected to be dated on or about June 30, 2014.
Investors Group has a risk rating methodology using the guidelines established by the Investment Funds Institute of Canada which assesses risk primarily based upon the variability of returns for a mutual fund. As a result, Investors Group has determined it is appropriate to change the risk rating for the fund from “Low to Medium” to “Medium”. No material changes have been made to the investment objectives, strategies or management of this mutual fund.
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. The Funds are distributed across Canada by Investors Group Financial Services Inc., (in Quebec, a financial services firm), and Investors Group Securities Inc. (in Quebec, a firm in financial planning.)
Investors Group, founded in 1926, is a national leader in delivering personalized financial solutions to Canadians through a network of approximately 4,800 Consultants located throughout Canada. In addition to an exclusive family of mutual funds and other investment vehicles, Investors Group offers a wide range of insurance, securities, mortgage and other financial services. Investors Group is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada’s premier financial services companies with over $138 billion in total assets under management as of May 31, 2014.
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