Guardian Capital LP

Guardian Capital LP

April 20, 2016 16:37 ET

Guardian Capital Funds Announce Fee Reductions

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