TORONTO--(BUSINESS WIRE)--Marquest Asset Management Inc. (“Marquest”) manager of the Marquest Group of Funds (the “Marquest Funds”) today announced a change to the risk rating of the following Marquest Funds (collectively, the “Funds”):
Marquest Small Companies Fund;
Marquest Canadian Resource Fund; and
Marquest Canadian Resource Fund (Corporate Class)
Marquest determines the risk rating for the Marquest Funds in accordance with the methodology recommended by the Fund Risk Classification Task Force of the Investment Funds Institute of Canada. As a result of its annual review of the investment risk level of the Marquest Funds, Marquest has determined that the investment risk level of the Funds has changed, as indicated below. These changes will be reflected in the simplified prospectus of the Marquest Funds that will be filed with Canadian securities regulators in connection with the 2016 annual renewal of the Marquest Funds.
|FUND||CURRENT RATING||NEW RATING|
|Marquest Small Companies Fund||High||Medium to High|
|Marquest Canadian Resource Fund||High||Medium to High|
|Marquest Canadian Resource Fund (Corporate Class)||High||Medium to High|
The new risk ratings of the Funds are not as a result of any changes to the investment objectives, strategies or portfolio management of the Funds.
About Marquest Asset Management Inc.
Marquest is an asset management company based in Toronto, Canada. Marquest is committed to providing Canadian retail investors with access to some of Canada’s premier asset managers through quality investment solutions.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the simplified prospectus before investing. Mutual funds are not guaranteed; their values change frequently and past performance may not be repeated.