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Calgary, Alberta--(Newsfile Corp. - May 17, 2023) - NCM Asset Management Ltd. ("NCM"), announced today changes to the risk ratings for three of its investment funds, effective today. These changes are in accordance with the Risk Classification Methodology mandated by the Canadian Securities Administrators (CSA). There is no change to the investment objectives or strategies of these funds associated with the new risk ratings.

FundPrevious risk ratingNew risk rating
NCM Conservative Income PortfolioLowLow to Medium
NCM Balanced Income PortfolioLowLow to Medium
NCM Core CanadianLow to MediumMedium

 

Please visit www.ncminvestments.com for more details about NCM and its investment products. For the complete disclosure record of the NCM Group of Funds, please visit www.sedar.com.

About NCM - NCM Asset Management Ltd.

For over 20 years, NCM has been one of Canada's leaders in actively managed investment products. With a family of actively managed funds, NCM has earned multiple awards recognizing its investment success. NCM is an independent Canadian investment firm with offices in Calgary and Toronto, distributing retail mutual funds and related products and services to Canadian investors, through a third party distribution channel. (www.ncminvestments.com).

For further information or assistance, please contact:

NCM - NCM Asset Management Ltd.

Dealer & Client Services Attention: Brad DimitroffToll Free: 1-877-431-1407Dome Tower - Suite 1850, 333 - 7th Avenue S.W., Calgary, AB T2P 2Z1Email: info@ncminvestments.com | Website: www.ncminvestments.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/166478

Read more https://www.newsfilecorp.com/release/166478/NCM-Asset-Management-Ltd.-Announces-Risk-Rating-Change