Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,424.85 162.29 1.00%
S&P 500 1,862.31 19.33 1.05%
NASDAQ 4,086.22 52.06 1.29%
Ticker Volume Price Price Delta
STOXX 50 3,134.09 -5.17 -0.16%
FTSE 100 6,573.46 -10.71 -0.16%
DAX 9,314.09 -3.73 -0.04%
Ticker Volume Price Price Delta
NIKKEI 14,417.53 -0.15 -0.00%
TOPIX 1,166.59 0.04 0.00%
HANG SENG 22,760.24 64.23 0.28%

Standard Life Mutual Funds announces a risk rating change for twelve funds


Standard Life Mutual Funds announces a risk rating change for twelve funds

MONTREAL, Oct. 28, 2013 /CNW Telbec/ - Standard Life Mutual Funds Ltd. (SLMF), the manager of the Standard Life Mutual Funds, today announced a change to the risk rating associated with investing in the funds listed in the table below. This change will be reflected in the Simplified Prospectus of the Standard Life Mutual Funds which will be filed on or about October 30, 2013.

The Investment Funds Institute of Canada established guidelines for determining risk ratings based primarily upon the variability of returns for a mutual fund. Based on these guidelines, SLMF determined it was prudent to change the risk rating for the following funds in the following manner:

____________________________________________________________________ |Fund |Current Risk Rating|New Risk Rating| |________________________________|___________________|_______________| |Standard Life Diversified Income|Low |Low to medium | |Fund | | | |________________________________|___________________|_______________| |Standard Life U.S. Dividend |Low to medium |Medium | |Growth Fund | | | |________________________________|___________________|_______________| |Standard Life U.S. Dividend |Low to medium |Medium | |Growth Class | | | |________________________________|___________________|_______________| |Standard Life Global Dividend |Low to medium |Medium | |Growth Fund | | | |________________________________|___________________|_______________| |Standard Life Global Dividend |Low to medium |Medium | |Growth Class | | | |________________________________|___________________|_______________| |Standard Life Canadian Equity |Medium |Medium to high | |Growth Fund | | | |________________________________|___________________|_______________| |Standard Life Canadian Equity |Medium |Medium to high | |Growth Class | | | |________________________________|___________________|_______________| |Standard Life Canadian Equity |Medium |Medium to high | |Value Fund | | | |________________________________|___________________|_______________| |Standard Life Canadian Equity |Medium |Medium to high | |Value Class | | | |________________________________|___________________|_______________| |Standard Life European Equity |Medium |Medium to high | |Fund | | | |________________________________|___________________|_______________| |Standard Life Canadian Small Cap|Medium to high |High | |Fund | | | |________________________________|___________________|_______________| |Standard Life Canadian Small Cap|Medium to high |High | |Class | | | |________________________________|___________________|_______________|

No material changes have been made to the investment objectives, strategies or management of these funds.

Visit: Standard Life Mutual Funds

About Standard Life Mutual Funds Established in 2000, Standard Life Mutual Funds Ltd. (SLMF) offers 56 mutual funds and fund-of-funds to more than 64,000 investors in Canada. Its wide range of mutual funds is managed by professionals with varying investment styles across major asset classes. As of September 30, 2013, SLMF had approximately $5.0 billion in assets under management.

SLMF is a wholly owned subsidiary of Standard Life Financial Inc. whose parent company, Standard Life plc, is headquartered in Edinburgh, Scotland.

SOURCE STANDARD LIFE MUTUAL FUNDS LTD.

Anne-Julie Gratton 514-499-7999 ext. 8150 Anne-Julie.Gratton@standardlife.ca

To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/October2013/28/c7430.html

CO: STANDARD LIFE MUTUAL FUNDS LTD. ST: Quebec NI: FND FIN FIN FND FLOWS

-0- Oct/28/2013 13:00 GMT

Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement