TORONTO, April 28, 2022 (GLOBE NEWSWIRE) -- Guardian Capital LP, the manager of the Guardian Capital Funds, announced today the following changes to the line-up of the Guardian Capital Funds, all of which are described in more detail below:
- qualifying additional Funds in Québec;
- new series offerings;
- series name change; and
- fee reduction for a series of a Fund.
The Guardian Capital Funds, including GC One Equity Portfolio, GC One Fixed Income Portfolio and Guardian Strategic Income Fund are available across Canada. For more information, please refer to the Guardian Capital Funds’ Simplified Prospectus dated April 28, 2022 (the Simplified Prospectus).
Qualifying Funds in Québec pursuant to the Simplified Prospectus
Effective on or about April 28, 2022 and subject to regulatory approval, all series of GC One Equity Portfolio, GC One Fixed Income Portfolio and Guardian Strategic Income Fund will be available for purchase in Québec pursuant to the Simplified Prospectus.
New Series Offerings pursuant to the Simplified Prospectus
The following funds will commence offering new series of units pursuant to the Simplified Prospectus as indicated below on or about April 28, 2022, subject to regulatory approval:
| Fund | New Series | Administration Fee | Management Fee |
| GC One Equity Portfolio | Series I | 0.04% | N/A |
| GC One Fixed Income Portfolio | Series I | 0.04% | N/A |
| Guardian Fixed Income Select Fund | Series A Series F | 0.07% 0.07% | 0.80% 0.30% |
| Guardian Managed Growth Portfolio | Series WF | 0.04% | 0.50% |
Series A Units are available to all investors through authorized dealers. Series F Units and WF Units are available to investors who have fee-based accounts through their dealers and whose dealers have signed agreements with Guardian.
For Series I Units, investors pay a negotiated investment advisory fee directly to Guardian Capital LP or its affiliates. Unless otherwise noted, the maximum percentage that may be charged for this fee is generally equal to the Series W management fee of the same Fund or, if the Fund does not offer Series W, the maximum percentage that may be charged for this fee is generally equal to the Series A management fee of the same Fund.
All series are subject to minimum investment requirements, as set forth in the Guardian Capital Funds’ Simplified Prospectus.
New Series Offerings on a Private Placement Basis Only
The following funds will commence offering Series U Units in USD on or about April 28, 2022, on a private placement basis only:
| Fund | New Series | Administration Fee | Management Fee |
| Guardian Directed Equity Path Portfolio | Series U | 0.18% | N/A |
| Guardian Emerging Markets Equity Fund | Series U | 0.19% | N/A |
| Guardian Fundamental Global Equity Fund | Series U | 0.19% | N/A |
| Guardian International Equity Select Fund | Series U | 0.18% | N/A |
| Guardian U.S. Equity All Cap Growth Fund | Series U | 0.18% | N/A |
| Guardian U.S. Equity Select Fund | Series U | 0.18% | N/A |
For Series U Units, investors pay a negotiated investment advisory fee directly to Guardian Capital LP or its affiliates. Unless otherwise noted, the maximum percentage that may be charged for this fee is generally equal to the Series W management fee of the same Fund or, if the Fund does not offer Series W, the maximum percentage that may be charged for this fee is generally equal to the Series A management fee of the same Fund.
Series Name Change
Effective April 28, 2022, Series W of Guardian Risk Managed Conservative Portfolio changed its name to Series A.
Fee Reduction
Effective April 28, 2022, the administration fee of Series I Units of Guardian Fixed Income Select Fund was reduced as follows:
| Fund and Series | Former Administration Fee | New Administration Fee |
| Guardian Fixed Income Select Fund, Series I | 0.10% | 0.07% |
About Guardian Capital LP
Guardian Capital LP is the manager and portfolio manager of the Guardian Capital Funds and Guardian Capital ETFs, with capabilities that span a range of asset classes, geographic regions and specialty mandates. Additionally, Guardian Capital LP manages portfolios for institutional clients such as defined benefit and defined contribution pension plans, insurance companies, foundations, endowments and investment funds. Guardian Capital LP is a wholly owned subsidiary of Guardian Capital Group Limited and the successor to its original investment management business, which was founded in 1962. For further information on Guardian Capital LP, please call 416-350-8899 or visit www.guardiancapital.com.
About Guardian Capital Group Limited
Guardian Capital Group Limited (Guardian) is a diversified, global financial services company operating in two main business segments: Investment Management and Wealth Management. As at December 31, 2021, Guardian had C$56.3 billion of assets under management and C$31.5 billion of assets under administration. Guardian provides extensive institutional and private wealth financial solutions to clients through its subsidiaries, while offering comprehensive wealth management services to financial advisors in its national mutual fund dealer, securities dealer and insurance distribution network. It also maintains and manages a proprietary investment portfolio with a fair market value of C$752 million as at December 31, 2021. Founded in 1962, Guardian’s reputation for steady growth, long-term relationships and its core values of trustworthiness, integrity and stability have been key to its success over six decades. Its Common and Class A shares are listed on the Toronto Stock Exchange as GCG and GCG.A, respectively. To learn more about Guardian, visit www.guardiancapital.com.
CONTACT INFORMATION
Guardian Capital LP
Matthew Turner
Telephone: +1-416-947-3708
Email: mturner@guardiancapital.com
Guardian Capital LP
Commerce Court West
Suite 3100, 199 Bay Street
PO Box 201
Toronto, Ontario M5L 1E8
This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase Guardian Capital Funds and is not, and should not be construed as, investment, tax, legal or accounting advice, and should not be relied upon in that regard. Please read the prospectus before investing. Important information about the Guardian Capital Funds is contained in their prospectus. Commissions, trailing commissions, management fees and expenses all may be associated with investments in mutual funds. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
