Redesignation of Units of the Funds Stone Asset Management Limited (the “Manager” or “Stone”), in its capacity as manager and trustee of Stone Covered Call Canadian Banks Plus Fund, Stone Dividend Yield Hog Fund, Stone Dividend Growth Class and Stone Global Balanced Fund (collectively, the “Funds” or individually a “Fund”) is providing notice that as of June 16, 2023, the following Series of units of the Funds will be redesignated as follows based on the applicable Series net asset value per unit of the two Series of units of the applicable Fund on June 16, 2023 (the “Series Redesignation”):
CURRENT SERIES | REDESIGNATED SERIES | ||||
FUND NAME | SERIES | PURCHASE OPTION* | FUND NAME | SERIES | PURCHASE OPTION* |
STONE COVERED CALL CANADIAN BANKS PLUS FUND | A | LL | STONE COVERED CALL CANADIAN BANKS PLUS FUND | A | FE |
A | DSC | ||||
STONE DIVIDEND YIELD HOG FUND | A | LL | STONE DIVIDEND YIELD HOG FUND | A | FE |
A | DSC | ||||
STONE DIVIDEND GROWTH CLASS | T8C | LL | STONE DIVIDEND GROWTH CLASS | T8A | FE |
STONE GLOBAL BALANCED FUND | BB | DSC | STONE GLOBAL BALANCED FUND | AA | FE |
L | LL | ||||
T8C | LL | T8A | FE |
Redesignation of Units of the Funds
Stone Asset Management Limited (the “Manager” or “Stone”), in its capacity as manager and trustee of Stone Global Growth Fund, Stone Global Sustainability Fund and Stone Growth Fund (collectively, the “Funds”) is providing notice that effective as of October 28, 2022, the following Series of units of Stone Global Growth Fund, Stone Global Sustainability Fund and Stone Growth Fund will be redesignated as follows based on the applicable Series net asset value per unit of the two Series of units of the applicable Fund on October 28, 2022 (the “Series Redesignation”):
Fund | Current Series | Redesignated Series |
Stone Global Growth Fund | Series B | Series A |
Series L | Series A | |
Stone Global Sustainability Fund | Series B | Series A |
Series L | Series A | |
Stone Growth Fund | Series B | Series A |
Series L | Series A | |
Series T8B | Series T8A | |
Series T8C | Series T8A |
NOTICE TO INVESTORS IN THE STONE MUTUAL FUNDS
Stone Dividend Growth Class, Stone Growth Fund, Stone Dividend Yield Hog Fund, Stone Covered Call Canadian Banks Plus Fund, Stone Global Balanced Fund, Stone Global ESG Strategy Fund, Stone Global Growth Fund and Stone Global Sustainability Fund (collectively, the “Stone Mutual Funds“)
Congratulations to our Portfolio Management Teams at SAM and Rathbones for their 2021 FundGrade A+® Award Wins!
– Richard G. Stone, Chief Investment Officer, Stone Asset Management Limited
Fund Name |
CIFSC Category |
Fund Count |
FundGrade Start Date |
Stone Dividend Growth Class |
Canadian Dividend & Income Equity |
277 |
1/31/2012 |
Stone Global Growth Fund |
Global Equity |
1127 |
1/31/2012 |
The end date for the FundGrade calculation is December 31, 2021. |
REFINITIV LIPPER FUND AWARDS 2020 WINNER CANADA
Stone Dividend Growth Class Series A | Best Fund Over Past 3 Years | Canadian Dividend & Income Equity
Stone Growth Fund Series A | Best Fund Over Past 3 Years | North American Equity
Stone Asset Management Limited extends our congratulations to all the other winners who are providing outstanding investment performance for Canadian investors this year.