December 12, 2011
Standard Life Mutual Funds announces a change for 3 of its funds
Montréal, December 12, 2011 – Standard Life Mutual Funds Ltd. announces its portfolio manager, Standard Life Investments Inc, intends to sub-delegate to Standard Life Investments (USA) Limited the management of the three following funds:
- Standard Life U.S. Dividend Growth Fund,
- Standard Life U.S. Mid Cap Fund, and
- Standard Life U.S. Equity Focus Fund.
These changes are to take effect on or about December 15, 2011 and will be reflected in the simplified prospectus of Standard Life Mutual Funds to be filed on or about December 23, 2011, subject to the required regulatory approvals.
The investment objectives and strategies of the three funds remain unchanged following this announcement.
About Standard Life Mutual Funds
Standard Life Mutual Funds Ltd. (SLMF) is a modern and forward-thinking company which strives to offer advisors and retail investors in Canada, products and services that inspire confidence and optimism about the future. SLMF offers a wide range of professionally managed mutual funds with varying investment styles across major asset classes. Established in 2000, SLMF serves over 72,000 investors and offers some 50 mutual funds and fund-of-funds. It has total managed assets of about C$4.1 billion (as at September 30, 2011).
SLMF is part of Standard Life plc, a leading long-term savings and investments company headquartered in Scotland and operating internationally. It is affiliated with The Standard Life Assurance Company of Canada.
Contact:
Valérie Lamarre
Senior Advisor, External Communications and Public Affairs
Standard Life
Tel.: 514-499-7999, ext. 8150
valerie.lamarre@standardlife.ca
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