CALGARY, Oct. 10 /CNW/ - Titan Funds Incorporated (Titan Funds) announced
today that it has called a special meeting of unitholders of the Titan
Conservative Portfolio for December 3, 2008 in Calgary, to consider a proposed
change to the Portfolio's investment objective such that it will become a
money market fund.
If the proposed change to the investment objective of the Portfolio is
approved by the unitholders, the investment strategies of the Portfolio will
be revised to reflect the new investment objective, the management fees and
trailing commissions of the Portfolio will be reduced and the name of the
Portfolio will be changed to the "Titan Money Market Fund".
Kam Kwong, President and CEO of Titan Funds, said, "We believe this is a
timely investment change that will benefit our current and future unitholders
in today's market environment. Following the change to the investment
objective the Portfolio's investment exposure will be limited to short term
The details of the proposal will be provided to unitholders of the Titan
Conservative Portfolio in an information circular and proxy package that will
be mailed on or about November 10, 2008. Subject to receipt of unitholder
approval and any required regulatory approvals, the proposed change to the
Portfolio will take effect on or about December 15, 2008.
About Titan Funds Incorporated
Titan Funds Incorporated specializes in the research, design and delivery
of unparalleled investment solutions. Established in June 2007, Titan Funds'
first product offering was Titan Managed Portfolios. This suite of six
structured, optimally-balanced portfolios is available exclusively through
Partners In Planning Financial Services Ltd.
For further information:
For further information: please visit www.titanfunds.ca or contact: Kam
Kwong, President and CEO, at (403) 261-2553 or email@example.com