Sleep well, knowing
you’ll have the financial
resources to live well

Press Releases

Stone Asset Management Limited Announces Securityholder Approval of Changes to Two Mutual Funds

Date: July 11, 2017

Toronto (July 11, 2017) – Stone Asset Management Limited (“SAM”), the investment fund manager and portfolio manager of Stone Global Balanced Fund and Stone Growth Fund (the “Funds”), today announced that securityholders of the Funds have approved changes to the Funds’ fundamental investment objectives.  A summary of the changes is as follows:

Fund name Current investment objective New investment objective
Stone Global Balanced Fund To provide superior investment returns combined with a steady stream of current income by investing primarily in Canadian equity and fixed-income securities. To provide investors access to a global balanced fund seeking capital appreciation and a steady stream of current income.
Stone & Co. Flagship
Stock Fund Canada
To provide superior investment returns through capital growth by investing primarily in Canadian equity securities.  Current income is a secondary objective. To provide investors exposure to North American equity securities seeking long-term capital appreciation.


The changes are expected to provide greater diversification and a wider range of investment opportunities for the two Funds by expanding the investment horizons beyond a weighting primarily in securities of Canadian issuers.  No changes were made to the investment time horizon of the Funds.

The change in investment objectives will be effective on or about August 25, 2017, in conjunction with the renewal of the Funds’ simplified prospectus and annual information form. Full particulars of the changes are outlined in a management circular dated June 10, 2017 which is available on SEDAR.

About SAM

SAM is a wholly owned subsidiary of Stone Investment Group Limited, an independent Canadian-owned wealth management company. SAM provides investment management services via distinctive investment mandates, overseen daily by the disciplined execution of a proprietary investment process and investment philosophy. Access to SAM investment mandates can be achieved via a family of open-ended mutual funds, a pooled fund, and Private Wealth Management services. SAM’s expertise ranges from servicing Canada’s retail investors and working with their financial advisors to the complexities of working directly with Family Offices, endowments and foundations. At Stone, we want our investors to sleep well, knowing they’ll have the financial resources to live well.

For more information:
Stone Investment Group Limited
Jason Stone
Investor Relations
T 416 867 2533  T 800 336 9528 x4429