BlackBridge Capital Management Corp. Announces Mutual Fund Risk Rating Change
TORONTO, July 25, 2014 /CNW/ - BlackBridge Capital Management Corp. (the "Manager) is changing the risk rating associated with BlackBridge Resource Capital Class Fund (the "Fund"). The change is reflected in the Fund Facts for the Fund, as well as the renewal Simplified Prospectus of the Harmony Pools and Portfolios, filed with Canadian securities regulators on July 18, 2014.
Following an annual review of the Fund under its risk rating methodology, which is based primarily on the approach recommended by the Fund Risk Classification Task Force of The Investment Funds Institute of Canada, the Manager has determined that it is appropriate to increase the risk rating for the Fund from "medium to high" to "high". No material changes have been made to the investment objective or strategy for Fund.
SOURCE BlackBridge Capital Management Corp.For further information:
Daniel Shapiro, President, BlackBridge Capital Management Corp., Tel: (416) 623-6443, Fax: (416) 848-7749, e-mail: info@BlackBridgeFunds.com