OceanRock Investments Inc. announces reduced Series F management fees

VANCOUVER, April 15, 2016 /CNW/ - Today, OceanRock Investments Inc. ("OceanRock") announced the reduction of its maximum annual management fees for the Series F units of all its Funds that will take effect on April 15, 2016.

The original and newly reduced fees are set out in the following table, by Fund.

Fund

Previous Series F Annual
Management Fee

New Series F Annual
Management Fee

Meritas Strategic Income Fund

0.85%

0.75%

Meritas Canadian Bond Fund

0.75%

0.65%

Meritas Monthly Dividend and Income Fund

1.00%

0.85%

Meritas Jantzi Social Index® Fund

0.75%

0.60%

Meritas U.S. Equity Fund

1.00%

0.90%

Meritas International Equity Fund

1.25%

0.90%

Meritas Income Portfolio

0.90%

0.80%

Meritas Income & Growth Portfolio

0.90%

0.80%

Meritas Balanced Portfolio Fund

1.00%

0.90%

Meritas Growth & Income Portfolio

1.00%

0.90%

Meritas Growth Portfolio

1.00%

0.90%

Meritas Maximum Growth Portfolio

1.00%

0.90%

OceanRock Canadian Equity Fund

0.95%

0.85%

OceanRock U.S. Equity Fund

0.95%

0.90%

OceanRock International Equity Fund

0.95%

0.90%

OceanRock Income Portfolio

0.90%

0.80%

OceanRock Income & Growth Portfolio

0.90%

0.80%

OceanRock Balanced Portfolio

1.00%

0.90%

OceanRock Growth & Income Portfolio

1.00%

0.90%

OceanRock Growth Portfolio

1.00%

0.90%

OceanRock Maximum Growth Portfolio

1.00%

0.90%

About OceanRock Investments Inc.

OceanRock Investments Inc. is one of Canada's fastest-growing Investment management organizations, managing $1.4 billion on behalf of Canadian investors. OceanRock offers a comprehensive range of managed portfolio solutions and individual funds to meet the needs of individual and institutional investors. OceanRock is dedicated to offering disciplined, risk-controlled diversified investment solutions to Canadian individual and institutional investors and has a core commitment to Responsible Investing through its Meritas SRI Funds. OceanRock Investments Inc. is a wholly owned subsidiary of Qtrade Financial Group, which is a member of Desjardins Group, Canada's largest and the world's fifth largest cooperative financial group.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

SOURCE Qtrade Financial Group

For further information: please visit: www.oceanrock.ca or email media@qtrade.ca.


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