Davis-Rea changes risk ratings for three mutual funds

Davis-Rea Ltd. has changed the risk ratings for three mutual funds. The changes, effective Aug. 27, were made to comply with the CSA’s updated risk classification methodology, the firm said in a release. There won’t be any changes to the funds’ investment objectives or strategies. The new risk ratings are:

By Staff | August 28, 2018 | Last updated on August 28, 2018
1 min read
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Davis-Rea Ltd. has changed the risk ratings for three mutual funds.

The changes, effective Aug. 27, were made to comply with the CSA’s updated risk classification methodology, the firm said in a release. There won’t be any changes to the funds’ investment objectives or strategies.

The new risk ratings are:

    • A low-medium rating for the Davis-Rea Balanced Fund;
    • A medium rating for the Davis-Rea Equity Fund; and
    • A low rating for the Davis-Rea Fixed Income Fund.
Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.

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