Marquest Asset Management Inc. Announces Risk Rating Changes to Certain Funds
/EINPresswire.com/ -- TORONTO, ONTARIO--(Marketwired - Jul 5, 2017) - Marquest Asset Management Inc. ("Marquest") today announced changes to the investment risk level of the Marquest Canadian Resource Fund, the Marquest Canadian Resource Fund (Corporate Class), the Marquest Small Companies Fund and the Marquest Global Balanced Fund (collectively, the "Marquest Funds").
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 three of the Marquest Funds has changed as indicated below.
These changes have been reflected in the simplified prospectus, annual information form and fund facts of the Marquest Funds dated June 30, 2017 which has been filed with Canadian securities regulators in connection with the funds' 2017 annual renewal.
| Fund | Current Rating | New Rating |
| Marquest Canadian Resource Fund | Medium/High | High |
| Marquest Canadian Resource Fund (Corporate Class) | Medium/High | High |
| Marquest Small Companies Fund | Medium/High | Medium |
| Marquest Global Balanced Fund | Low | Low/Medium |
The new risk ratings are not as a result of any changes to the investment objectives, strategies or portfolio management of the affected funds.
About Marquest Asset Management Inc.
Marquest provides diversified asset and wealth management for both individuals and institutional investors.
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.
Steven London
Chief Operating Officer, General Counsel and
Chief Compliance Officer
(416) 777-7377
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