TORONTO, ON--(Marketwired - June 26, 2017) - Sentry Investments ("Sentry") is pleased to announce that it has lowered the risk ratings for five of its mutual funds.
The changes, which were reflected in the renewal of its simplified prospectus, dated June 20, 2017 (the "prospectus"), are:
These changes are a result of Sentry's internal review of fund risk ratings, which is based upon the risk-rating methodology recommended by the Investment Funds Institute of Canada (IFIC).
No material changes have been made to the investment objectives, strategies or management of these funds.
Also, for advisors who use, or are looking to switch to, a fee-based model, but lack the dealer platform to do so, Sentry now offers a fee-based service. Advisors can charge a custom, negotiated service fee for Sentry Series F/FT funds. Upon completion of necessary documentation, Sentry can administer the collection of the fee through a monthly redemption of securities in investor accounts. Please see the prospectus for more details.
SENTRY INVESTMENTS INC.
Sentry Investments is one of Canada's leading independent investment managers, with more than $18 billion in assets under management. Since opening our doors in 1997, we have earned and kept the trust of more than half a million Canadian investors. Sentry offers a diverse range of investment products and solutions through financial advisors and investment dealers, as well as portfolio management services to a variety of institutional clients. Our disciplined investment style focuses on delivering superior risk-adjusted returns to help investors calmly create wealth.
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.
Documents (including press releases) regarding the various investment funds that are managed or advised by Sentry are provided for information purposes only and cannot be relied on to be complete, exhaustive or error-free unless the complete set of documents for any given investment fund with respect to which information is being sought is reviewed and then only on SEDAR (www.sedar.com).