NCM Asset Management Ltd. Announces Results of Special Meeting of Securityholders
October 28, 2021
CALGARY, Alberta – NCM Asset Management Ltd. (“NCM”), the manager of a strategically focused group of public mutual funds and alternative investment funds, announces that the following previously announced investment objective change has been approved by securityholders of NCM Core American at the special meeting held on October 28, 2021.
Current Investment Objectives
New Investment Objectives
The Fund’s objective is to provide investors with a stable monthly stream of cash distributions and to achieve long term capital growth and current income by investing primarily in equity securities.
The portfolio may consist of all types of equity and debt obligations of issuers, primarily in the United States. The Fund will invest primarily in a diversified portfolio of dividend-paying U.S. equity securities and may invest in corporate debt including, but not limited to, high-yield bonds. The portfolio may include all sizes of issuers including large, mid, and small capitalization companies.
|The Fund’s investment objective is to achieve long-term capital appreciation by investing primarily in publicly-traded equity securities of companies based outside of Canada and the United States, but may also, as market opportunities dictate, include private placements up to a maximum of 10% of net assets of the Fund, subject to CIFSC limits.|
NCM Core American will change its name to NCM Core International.
The new investment objectives, strategies and related changes will be implemented on or about November 1, 2021.
NCM is a Canadian investment firm with offices in Calgary and Toronto. 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. 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.
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Brad DimitroffInvestment Operations Manager
Brad is Investment Operations Manager at NCM Investments. Based in Toronto, he has been with the firm since 2015. His responsibilities include the management and oversight of NCM’s vendor relationships, as well as providing day-to-day operational support for all areas…
Investment Operations Manager
Brad is Investment Operations Manager at NCM Investments. Based in Toronto, he has been with the firm since 2015.
His responsibilities include the management and oversight of NCM’s vendor relationships, as well as providing day-to-day operational support for all areas of the firm.
Brad also supports NCM’s Dealer and Client Services group.
Brad graduated from McGill University with a Bachelor of Commerce and has completed his Canadian Securities Course.
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.