Press Releases

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


Stone Investment Group Limited Reports First Quarter Results

TORONTO – February 28, 2020 – Stone Investment Group Limited released its unaudited financial results for the quarter ended December 31, 2019.

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, Dec. 13, 2019 (GLOBE NEWSWIRE) — Stone Investment Group Limited released its audited financial results for the year ended September 30, 2019.

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 Asset Management Limited Announces Securityholder Approval of Changes to Stone Global Strategy Fund

Toronto (December 4, 2019) – Stone Asset Management Limited (“SAM”), the investment fund manager and portfolio manager of Stone Global Strategy Fund (the “Fund”), today announced at an Adjourned Special Meeting that securityholders of the Fund have approved changes to the Fund’s fundamental investment objectives, and a change of Fund name to Stone Global ESG Strategy Fund. A summary of the changes is as follows:

 

Fund name Current investment objective New investment objective
Stone Global Strategy Fund The investment objective of the Fund is to provide investors with monthly cash distributions and to preserve and enhance the net asset value of the Fund against inflation through appreciation, primarily through the purchase of a diversified pool of global large capitalization dividend- yielding equity securities and fixed income securities. The Investment Objective is to provide investors with a global balanced fund that will provide a total return by investing in a portfolio of global stocks and fixed income securities which meet the ESG criteria. This means the Fund will seek to invest in companies whose activities or ways of operating are aligned with sustainable development and therefore support the achievement of the UN Sustainable Development Goals.

 

The changes are effective January 1, 2020. Full particulars of the changes are outlined in a management circular dated October 30, 2019, 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
E jasons@stoneco.com www.stoneco.com