NCM Asset Management Ltd. Announces Results of Special Meeting
Calgary, Alberta--(Newsfile Corp. - May 11, 2021) - NCM Asset Management Ltd. ("NCM"), the manager of a strategically focused group of public mutual funds, ETFs and alternative investment funds, is pleased to announce that the following previously announced changes have been approved by security holders of NCM Short Term Income Fund (the "Fund") at the special meeting held on May 10, 2021:
Investment Objective Change
NCM Short Term Income Fund will invest primarily in Canadian fixed income securities rather than investing primarily in Canadian and U.S. short term fixed income securities.
In connection with NCM's upcoming prospectus renewal effective May 19, 2021, the Fund will be changing its name to NCM Core Income Fund.
NCM is a Canadian investment firm with offices in Calgary and Toronto. Please visit www.ncminvestments.com for more details about NCM and its investment products. For the complete disclosure record of the NCM Group of Funds, please visit www.sedar.com.
About NCM Asset Management Ltd.
For over 20 years, NCM has been one of Canada's leaders in actively managed investment products. With an in-house portfolio management team and a family of actively managed funds, NCM has earned multiple awards recognizing its investment success. NCM is an independent Canadian investment firm with offices in Calgary and Toronto, distributing retail mutual funds and related products and services to Canadian investors, through a third-party distribution channel. (www.ncminvestments.com)
For further information or assistance, please contact:
NCM Asset Management Ltd.
Dealer & Client Services
Attention: Brad Dimitroff
Toll Free: 1-877-531-9355
Notice to Reader:
Certain information set forth in this press release, including a discussion of future plans and operations, contains forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond management's control, including but not limited to, the impact of general economic conditions, industry conditions, fluctuation of commodity prices, fluctuation of foreign exchange rates, environmental risks industry competition, availability of qualified personnel and management, stock market volatility, timely and cost effective access to sufficient capital from internal and external sources. Actual results, performance or achievement could differ from those expressed in or implied by these forward-looking statements.
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