Redesignation of Series W units of Guardian Managed Income & Growth Portfolio and Guardian Managed Income Portfolio
TORONTO, April 18, 2019 (GLOBE NEWSWIRE) -- Guardian Capital LP today announced that it is redesignating Series W units of each of Guardian Managed Income & Growth Portfolio and Guardian Managed Income Portfolio (each a “Fund” and collectively, the “Funds”) into Series C units, effective immediately. Series C units of each Fund are subject to a management fee that is 0.15% lower than the Series W management fee of the Fund, and so the redesignation will benefit investors by reducing the cost of investment. Following the redesignation, the Funds will no longer offer Series W units. Related changes are reflected in the Funds’ simplified prospectus, annual information form and respective fund facts documents filed today with the applicable securities regulators.
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Guardian Capital LP is the manager and portfolio manager of the Guardian Capital Funds. In addition to the Guardian Capital Funds, Guardian Capital LP manages portfolios for defined benefit and defined contribution pension plans, insurance companies, foundations, endowments and third-party mutual funds. It is part of the Guardian Capital Group, a diversified financial services company founded in 1962. For further information on Guardian Capital LP, please visit www.guardiancapital.com.
CONTACT INFORMATION
Guardian Capital LP
Matthew Turner
Telephone: +1-416-947-3708
Email: mturner@guardiancapital.com
Guardian Capital LP
Commerce Court West
Suite 3100, 199 Bay Street
PO Box 201
Toronto, Ontario M5L 1E8
www.guardiancapitallp.com
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