Canoe Mutual Funds Announces Reduction in Management Fees
CALGARY, January 5, 2016 – Canoe Financial LP (“Canoe”) today announced a reduction in certain management fees.
Effective January 5, 2016 the Canoe Global Income Fund (“the Fund”) Series A management fee has been reduced from 1.85% to 1.74% and Series F of the Fund from 1.10% to 0.99%.
The changes will be reflected in Amendment No. 3 of the Simplified Prospectus dated January 5, 2016. The investment objectives and strategies of the Fund remain unchanged.
About Canoe Financial LP
Founded in 2008, Canoe Financial LP is an investment management firm focused on building financial wealth for Canadians. Canoe is Canada’s fastest-growing independent mutual fund company and manages approximately $3 billion in assets across a diversified range of award-winning mutual funds, flow-through limited partnerships and private energy equity products. Canoe has expanded from its Calgary head office to across Canada, including a significant presence in Toronto and offices in Vancouver, Winnipeg and Ottawa. To learn more about Canoe Financial and its investment products, visit www.canoefinancial.com.
Canoe Financial LP
Important information regarding the Funds, including conditions of purchase, investment strategy, distribution policy, management fees, and expenses, are set out in the Funds' Simplified Prospectus, Annual Information Form and Fund Facts which are available on Canoe Financial’s website at www.canoefinancial.com or SEDAR at www.sedar.com. 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 and their values change frequently. This communication is for information purposes only and is not to be construed as a public offering to sell, or a solicitation of an offer to buy securities. Investors should consult with a financial advisor prior to making any investment decisions.