Front Street Mutual Funds Limited

Front Street Mutual Funds Limited

July 07, 2014 17:15 ET

Front Street Mutual Funds Limited Re-Files Management Reports of Fund Performance

TORONTO, ONTARIO--(Marketwired - July 7, 2014) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S. WIRE SERVICES

Front Street Capital (the "Manager"), the manager of Front Street Value Class, Front Street Tactical Equity Class, Front Street Resource Growth and Income Class, Front Street Diversified Income Class, Front Street Growth Class, Front Street Special Opportunities Class, Front Street Global Opportunities Class, and Front Street Growth and Income Class, each a separate mutual fund of Front Street Mutual Funds Limited (together, the "Funds"), today announced that it has restated and re-filed the Funds' respective annual management reports of fund performance (together, the "MRFPs") for the year ended October 31, 2013 to include information inadvertently omitted from the original MRFPs previously filed on SEDAR.

The Front Street Growth Class MRFP is being re-filed to include (i) an annual compound returns table of past performance for the 5-, 3- and 1-year periods ended on the last day of the fund's financial year and the fund's past performance since the inception of the Fund, (ii) disclosure of the returns of an appropriate broad-based market index, and (iii) past performance in the annual returns table reflecting returns prior to the merger of the Fund on November 1, 2008.

The Front Street Growth and Income Class MRFP is being re-filed to include (i) an annual compound returns table of past performance for the 1-year period ended on the last day of the Fund's financial year and the Fund's past performance since the inception of the Fund, (ii) the past performance of Series X shares of the Fund in the annual compound returns table, and (iii) disclosure of the returns of an appropriate broad-based market index.

The Front Street Value Class MRFP is being re-filed to include (i) an annual compound returns table of past performance for the 1-year period ended on the last day of the Fund's financial year and the Fund's past performance since the inception of the Fund, and (ii) disclosure of the returns of an appropriate broad-based market index.

The Front Street Tactical Equity Class MRFP is being re-filed to include (i) an annual compound returns table of past performance for the 5-, 3-, and 1-year periods ended on the last day of the Fund's financial year and the Fund's past performance since the inception of the Fund, and (ii) past performance in the annual returns table reflecting returns prior to the merger of the Fund on November 1, 2008.

The Front Street Diversified Income Class MRFP is being re-filed to include (i) an annual compound returns table of past performance for the 5-, 3-, and 1-year periods ended on the last day of the Fund's financial year and the Fund's past performance since the inception of the Fund, (ii) disclosure of the returns of an appropriate broad-based market index, and (iii) past performance in the annual returns table reflecting returns prior to the merger of the Fund on November 1, 2008.

The Front Street Resource Growth and Income Class MRFP is being re-filed to include (i) an annual compound returns table of past performance for the 5-, 3-, and 1-year periods ended on the last day of the Fund's financial year and the Fund's past performance since the inception of the Fund, (ii) the past performance of Series X shares of the Fund in the annual compound returns table, (iii) disclosure of the returns of an appropriate broad-based market index, and (iv) past performance in the annual returns table reflecting returns prior to the merger of the Fund on November 1, 2008.

The Front Street Global Opportunities Class MRFP is being re-filed to include (i) an annual compound returns table of past performance for the 1-year period ended on the last day of the Fund's financial year and the Fund's past performance since the inception of the Fund, and (ii) the past performance of Series X shares of the Fund in the annual compound returns table.

The Front Street Special Opportunities Class MRFP is being re-filed to include the past performance of the Series A, F, X and Y shares of the Fund.

Copies of the MRFPs are available through SEDAR at www.sedar.com and through the Manager's website at www.frontstreetcapital.com.

Front Street Capital has been providing Canadians with innovative mutual funds for over 10 years, including growth, income and tax-minded portfolios offered as mutual funds, hedge funds, flow-through limited partnerships and trusts. Front Street Capital is focused on giving Canadian investors and advisors access to a broad range of investments which can fill core and strategic roles in an investor's portfolio.

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