TORONTO, ONTARIO--(Marketwired - April 20, 2016) - Guardian Capital LP (the "Manager") announced today that it is lowering the management fee of Guardian Global Dividend Growth Fund effective immediately, from 1.6% to 1.5%.
The Manager also announced today that it will be lowering the fixed administration fee rates for the following funds, effective immediately:
| Fund | Previous Administration Fee | New Administration Fee | Reduction | |||
| Guardian Canadian Equity Fund | 0.16 | % | 0.15 | % | 0.01 | % |
| Guardian Equity Income Fund | 0.22 | % | 0.18 | % | 0.04 | % |
| Guardian Fundamental Global Equity Fund | 0.22 | % | 0.19 | % | 0.03 | % |
| Guardian Global Dividend Growth Fund | 0.22 | % | 0.19 | % | 0.03 | % |
| Guardian Global Equity Fund | 0.22 | % | 0.19 | % | 0.03 | % |
| Guardian Growth & Income Fund | 0.20 | % | 0.18 | % | 0.02 | % |
| Guardian International Equity Fund | 0.22 | % | 0.19 | % | 0.03 | % |
| Guardian U.S. Equity Fund | 0.22 | % | 0.19 | % | 0.03 | % |
The Manager also announced today that it is reducing the risk rating for Guardian Private Wealth Bond Fund effective immediately, from "Low to Medium" to "Low".
Guardian Capital LP is the manager and portfolio manager of the Guardian Capital Funds. In addition to the Guardian Capital Funds, Guardian Capital LP manages portfolios for defined benefit and defined contribution pension plans, insurance companies, foundations, endowments and third-party mutual funds. It is part of the Guardian Capital Group, a diversified financial services company founded in 1962. For further information on Guardian Capital LP, please visit www.guardiancapital.com.
Contact Information:
Matthew Turner
416.364.8341
mturner@guardiancapital.com
Guardian Capital LP
Commerce Court West
199 Bay Street, Suite 3100
PO Box 201
Toronto, Ontario M5L 1E8
www.guardiancapitallp.com