Standard Life alters rating of 12 funds

By Staff | October 28, 2013 | Last updated on October 28, 2013
1 min read

Standard Life Mutual Funds has changed the risk rating of twelve of its offerings.

The changes will be reflected in fund prospectuses starting October 30, 2013. No material changes have been made to the investment objectives, strategies and management of the altered funds.

Based on guidelines provided by the Investment Funds Institute of Canada, Standard Life made changes to the ratings of the below products:

Fund Current rating New rating
Standard Life Diversified Income Fund Low Low to medium
Standard Life U.S. Dividend Growth Fund Low to medium Medium
Standard Life U.S. Dividend Growth Class Low to medium Medium
Standard Life Global Dividend Growth Fund Low to medium Medium
Standard Life Global Dividend Growth Class Low to medium Medium
Standard Life Canadian Equity Growth Fund Medium Medium to high
Standard Life Canadian Equity Growth Class Medium Medium to high
Standard Life Canadian Equity Value Fund Medium Medium to high
Standard Life Canadian Equity Value Class Medium Medium to high
Standard Life European Equity Fund Medium Medium to high
Standard Life Canadian Small Cap Fund Medium to high High
Standard Life Canadian Small Cap Class Medium to high High
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Staff

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