Press Releases

Stone Investment Group Limited Reports Third Quarter Results

TORONTO – August 17, 2021 – Stone Investment Group Limited released its unaudited financial results for the quarter ended June 30, 2021.

The full interim financial statements for the period, including Management’s Discussion and Analysis, are available on SEDAR at www.SEDAR.com.

About Stone Investment Group Limited

Stone Investment Group Limited is an independent wealth management company.  Stone Investment Group Limited, through its wholly owned subsidiary, Stone Asset Management Limited, structures and manages high-quality investment products for Canadian investors.


For more information:
Stone Investment Group Limited
Jason Stone
Investor Relations
T 416 867 2533  or 800 336 9528 
E jasons@stoneco.com  

 

 


Stone Investment Group Limited Reports Second Quarter Results

TORONTO – May 26, 2021 – Stone Investment Group Limited released its unaudited financial results for the quarter ended March 31, 2021.

The full interim financial statements for the period, including Management’s Discussion and Analysis, are available on SEDAR at www.SEDAR.com.

About Stone Investment Group Limited

Stone Investment Group Limited is an independent wealth management company.  Stone Investment Group Limited, through its wholly owned subsidiary, Stone Asset Management Limited, structures and manages high-quality investment products for Canadian investors.


For more information:
Stone Investment Group Limited
Jason Stone
Investor Relations
T 416 867 2533  T 800 336 9528 x4429
E jasons@stoneco.com  www.stoneco.com


Stone Launches Two New PTFs on NEO

Return issuer brings attractive investment opportunities to MFDA and IIROC communities

Toronto – April 6, 2021 – NEO is proud to welcome back return issuer Stone Asset Management Limited (“SAM”) with the launch of two new Platform Traded Funds (“PTFsTM”), available exclusively through NEO. Leveraging NEO’s proprietary fund distribution platform, advisors can purchase and redeem PTFs using the same tools as those used for buying and selling ETFs, with the notable difference of all trades being executed at end of day Net Asset Value.

An independently owned investment manager based in Toronto, SAM has made the following two funds available in PTF format to both IIROC and MFDA advisors:


Stone Growth Fund (NEO:SAMGF) – This fund invests in North American companies. It is anticipated that the fund will invest approximately 50% of the portfolio in Canadian securities and 50% in U.S. securities. It will also have the flexibility to increase or decrease geographic exposure from time to time depending on market conditions.

Stone Covered Call Canadian Banks Plus Fund (NEO:SAMCC) – This fund invests in dividend-paying securities in the Canadian financial sector and employs a covered call option writing strategy on certain of those securities.


“Today’s launch by Stone Asset Management Limited is a testament to the growing popularity and demand for Platform Traded Funds, which are available exclusively through NEO,” commented Jos Schmitt, President and CEO of NEO. “The impetus is simple – PTFs address the shortcomings associated with the traditional way of processing mutual funds. They allow fund manufacturers to offer product at a lower operating cost than Series F funds, while giving dealers and their advisors more efficient access and a better experience. We are honoured to provide the platform for SAM to make these investment opportunities available to the advisor community, and we look forward to supporting additional launches in the near future.”

These two new PTFs join the Stone Dividend Growth Class Fund (NEO:SAMDG), which was launched through NEO in September, 2019. With 90 tickers now available from 16 asset managers across multiple asset classes, PTFs on NEO have cumulatively raised over $1.5 billion in assets since their inception.

“We are excited to add our second and third funds to NEO’s innovative platform,” said Richard Stone, Founder and Chief Investment Officer of Stone Asset Management Limited. “Our goal with the launch of the Stone Growth Fund and Stone Covered Call Canadian Banks Plus Fund is to continue expanding investment options under the SAM investment management philosophy, which is rooted in integrity and always doing the right thing for investors, such as offering our funds via the NEO platform. We know this is beneficial based on the positive reception of our first PTF offering by our clients. We look forward to continuing our partnership with NEO as we execute on our strategy to launch future Stone PTFs in the months to come.”

Investors can trade shares of the Stone PTFs through their usual investment channels, including full-service dealers. Click here for a complete view of all PTFs.


About NEO

Founded on the principles of fairness, liquidity, efficiency, and service, NEO is a bold and disruptive capital markets technology firm that has embraced innovation and competition to make Canadian capital markets better. Launched in 2015, the NEO Exchange lists non-venture companies and investment products seeking a stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data. In 2016, NEO introduced Platform Traded Funds, or PTFsTM, leveraging a proprietary distribution platform to make the purchase and redemption of mutual funds more efficient for dealers, investment advisors, and investors.

Connect with NEO: Website | LinkedIn | Twitter | Instagram


About Stone Asset Management Limited

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 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 SAM, we want our investors to sleep well, knowing they’ll have the financial resources to live well.


STONE INVESTMENT GROUP LIMITED REPORTS FIRST QUARTER RESULTS

TORONTO – February 25, 2020 – Stone Investment Group Limited released its unaudited financial results for the quarter ended December 31, 2020.

The full interim financial statements for the period, including Management’s Discussion and Analysis, are available on SEDAR at www.SEDAR.com.

About Stone Investment Group Limited

Stone Investment Group Limited is an independent wealth management company.  Stone Investment Group Limited, through its wholly owned subsidiary, Stone Asset Management Limited, structures and manages high-quality investment products for Canadian investors.


For more information:
Stone Investment Group Limited
Jason Stone
Investor Relations
T 416 867 2533  T 800 336 9528 x4429
E jasons@stoneco.com  www.stoneco.com


Stone Investment Group Limited Reports Annual Results

TORONTO – December 17, 2020 – Stone Investment Group Limited released its audited financial results for the year ended September 30, 2020.

The full financial statements for the year, including Management’s Discussion and Analysis, are available on SEDAR at www.SEDAR.com.

About Stone Investment Group Limited

Stone Investment Group Limited is an independent wealth management company.  Stone Investment Group Limited, through its wholly owned subsidiary, Stone Asset Management Limited, structures and manages high quality investment products for Canadian investors.

For more information:
Stone Investment Group Limited
Jason Stone
Investor Relations
T 416 867 2533  T 800 336 9528 x4429
E jasons@stoneco.com  www.stoneco.com


Stone Investment Group Limited Completes Transaction with Return on Innovation Advisors Ltd.

TORONTO – October 19, 2020 Stone Investment Group Limited (“SIG”), confirmed the completion of the previously announced transaction between SIG and Return on Innovation Advisors Ltd., the manager of Return On Innovation Fund Inc. (the “ROI Fund”), whereby the portfolio of the ROI Fund was liquidated to cash and transferred to the Stone Growth Fund (the “Growth Fund”) in exchange for units of the Growth Fund Series R and shareholders of the ROI Fund became unitholders of the Growth Fund.  The exchange ratio determines the number of units the Growth Fund will issue to shareholders of the ROI Fund for every 1 share held in the ROI Fund. The exchange ratio was based on the closing net asset value per share as of October 16, 2020 of each Series of the ROI Fund and closing net asset value per unit for the Growth Fund Series R as of October 16, 2020 as follows:

Stone Asset Management (“SAM”) is a wholly owned subsidiary of SIG and is the trustee, manager and portfolio advisor for the Growth Fund. The Growth Fund is a mutual fund trust, and one of a family of mutual funds offered by SAM (the “Stone Funds”).  The Stone Funds are distributed by prospectus throughout Canada by brokers and mutual fund dealers. 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
E jasons@stoneco.com  www.stoneco.com

 


Stone Investment Group Limited Reports Third Quarter Results

TORONTO – August 24, 2020 – Stone Investment Group Limited released its unaudited financial results for the quarter ended June 30, 2020.

The full interim financial statements for the period, including Management’s Discussion and Analysis, are available on SEDAR at www.SEDAR.com.

About Stone Investment Group Limited

Stone Investment Group Limited is an independent wealth management company.  Stone Investment Group Limited, through its wholly owned subsidiary, Stone Asset Management Limited, structures and manages high quality investment products for Canadian investors.

For more information:
Stone Investment Group Limited
Jason Stone
Investor Relations
T 416 867 2533  T 800 336 9528 x4429
E jasons@stoneco.com  www.stoneco.com


Stone Asset Management Limited Announces Mutual Fund Risk Rating Changes

Toronto (May 27, 2020) – Stone Asset Management Limited (“SAM”), the investment fund manager and portfolio manager of the Stone Mutual Funds, announced today the changes to the risk ratings of some of the Funds as set out below:


FUND PREVIOUS RATING NEW RATING
Stone Covered Call Canadian Banks Plus Fund Low to medium Medium
Stone Global Sustainability Fund (formerly Stone EuroPlus Fund) Medium Low to medium

The methodology used by SAM to identify the investment risk level of each Fund within the Stone Mutual Funds is in accordance with the standardized Risk Classification Methodology mandated by the Canadian Securities Administrator.  SAM reviews the risk rating for each Fund at a minimum on an annual basis, as well as when a Fund undergoes a material change.

The new risk rating for the Stone Covered Call Canadian Banks Plus Fund is a result of an annual review.

The new risk rating for the Stone Global Sustainability Fund (formerly Stone EuroPlus Fund) is a result of a change in the fundamental investment objectives and strategies that came into effect on January 1, 2020.

A summary of this methodology and the fundamental investment objectives and strategies of each Fund can be found in the Fund’s prospectus, which is expected to become available on or about June 30, 2020.

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
E jasons@stoneco.com  www.stoneco.com


Stone Investment Group Limited Reports Second Quarter Results

TORONTO – May 27, 2020 – Stone Investment Group Limited released its unaudited financial results for the quarter ended March 31, 2020.

The full interim financial statements for the period, including Management’s Discussion and Analysis, are available on SEDAR at www.SEDAR.com.

About Stone Investment Group Limited

Stone Investment Group Limited is an independent wealth management company.  Stone Investment Group Limited, through its wholly owned subsidiary, Stone Asset Management Limited, structures and manages high quality investment products for Canadian investors.

For more information:
Stone Investment Group Limited
Jason Stone
Investor Relations
T 416 867 2533  T 800 336 9528 x4429
E jasons@stoneco.com  www.stoneco.com


Stone Business Continuity Update

To Our Valued Clients and Partners,

As we enter the new reality created by COVID-19 (coronavirus) and its continued impact on the global community, I am writing to personally update you on the measures Stone is taking to ensure our business continuity.

In keeping with the most recent guidance from the World Health Organization, Stone has enacted our Business Continuity Plan, with special consideration given to the implications of COVID-19.  In this current environment, the well-being of our employees, clients and partners is our primary focus and social distancing will be of paramount importance.

Effective Monday March 16, all Stone employees will be working remotely and leveraging our technology platforms to communicate virtually. Our Toronto office will remain closed until further notice. Rest assured our remote working policies have been rigorously tested and we are confident we can continue to support our business functions and provide exemplary customer service with minimal disruption.

I am sharing this link to a comprehensive overview of the realities of COVID-19 which has provided our management team with great insight. As this is a very fluid situation, we will continue to provide regular updates by email as events unfold.

At present we are thankful that the entire Stone team is well, and we remain available for your questions and feedback. We welcome discussions and sharing of information as we navigate this challenging environment together.

We thank you for your continued support and we wish you and your loved ones good health in the coming weeks.

Sincerely,

Richard G. Stone, CEO