Stone Asset Management Limited Announces Mutual Fund Risk Rating Change

TORONTO, May 09, 2022 (GLOBE NEWSWIRE) — Stone Asset Management Limited (“SAM”), the manager of Stone mutual funds, today announced a change to the risk rating of one of the funds it it manages, as shown below:

Fund name

Previous ranking

New note

Stone Global Sustainability Fund

Low to medium


The methodology used by GAS to determine the investment risk level of each fund within Stone Mutual Funds is consistent with the standardized risk classification methodology mandated by the Canadian Securities Authority. GAS reviews each Fund’s risk rating at least once a year, and also when a Fund undergoes a material change. These changes are the result of an annual review and do not result from any change in the investment objectives, strategies or management of Stone mutual funds. A summary of this methodology and each Fund’s investment objectives and strategies can be found in the Fund’s prospectus dated June 16, 2021, the risk rating will be updated in the next prospectus renewal which is expected to be available on or about June 15, 2022.

About SAM
SAM is a wholly owned subsidiary of Stone Investment Group Limited, an independent, Canadian-owned wealth management firm. SAM provides investment management services through distinctive investment mandates, overseen daily through the disciplined execution of a proprietary investment process and investment philosophy. Access to SAM Investment Mandates can be obtained by purchasing Stone Mutual Funds through your Investment Advisor and Private Wealth Services. SAM’s expertise ranges from serving Canadian 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 that they will have the financial resources to live well.

For more information:
Stone Investment Group Limited
Peter Jason
Investor Relations
T 416 867 2533 T 800 336 9528 x4429
E [email protected]

Dolores W. Simon