MONTREAL, May 26, 2014 /CNW Telbec/ - Standard Life Mutual Funds (SLMF)
announced today the termination of the Standard Life Canadian Equity
Focus Fund and the Standard Life U.S. Equity Focus Fund, effective on
or about July 31, 2014.
As of 4 p.m. ET on May 26, 2014, units of the two funds will no longer
be available for new investments, including additional purchases by
existing unit holders and through regular investment plans.
Existing unit holders of the two funds have the option to redeem or
switch their investments to any Standard Life mutual funds before the
funds' termination date. SLMF will waive all sales charges and
redemption fees in connection with the redemptions of units of the two
In accordance with securities legislation, a notice of termination will
be sent to the unit holders of the funds.
SLMF encourages the unit holders of the funds to consult with their
advisors to understand the financial and tax implications of switching
or redeeming their units in the two funds and to determine the option
that best meets their individual investment needs and circumstances.
About Standard Life Mutual Funds
Standard Life Mutual Funds Ltd. (SLMF) was established in 2000 in Canada. It offers to advisors and
individual investors some 60 mutual funds and fund-of-funds with
varying investment styles across major asset classes. As of December
31, 2013, SLMF had C$5.4 billion of assets under management. It is part
of Standard Life plc, a leading long-term savings and investment
company headquartered in Scotland and operating internationally, and is
affiliated with The Standard Life Assurance Company of Canada.
SOURCE: STANDARD LIFE MUTUAL FUNDS LTD.
For further information:
514 499-7999 or 1 877 499-9555, ext. 4600