SOURCE: NexGen Financial Limited Partnership

NexGen Financial Limited Partnership

June 02, 2015 12:39 ET

NexGen Financial Limited Partnership Announces Changes to Its Mutual Fund Line-Up

TORONTO, ON--(Marketwired - June 02, 2015) - NexGen Financial Limited Partnership ("NexGen") is pleased to announce that it has received security holder and regulatory approval to proceed with the following fund mergers which were announced on April 16, 2015.

       
Terminating Fund  Continuing Fund  Merger Date
NexGen North American Large Cap Registered Fund ("Large Cap Registered")  NexGen Canadian Dividend Registered Fund ("Dividend Registered")  June 5, 2015
NexGen North American Large Cap Tax Managed Fund ("Large Cap TM")  NexGen Canadian Dividend Tax Managed Fund ("Dividend TM")  June 5, 2015
NexGen Turtle Canadian Equity Registered Fund  NexGen Turtle Canadian Balanced Registered Fund ("Turtle Balanced Registered")  June 5, 2015
NexGen Turtle Canadian Equity Tax Managed Fund  NexGen Turtle Canadian Balanced Tax Managed Fund ("Turtle Balanced TM")  June 5, 2015
     

These fund mergers will provide investors with an increased possibility of achieving economies of scale for fund shareholders while also adding another attractive fund option for shareholders within the NexGen corporate class funds" said Jeff Young, Co-CEO of NexGen.

About NexGen
NexGen Financial Limited Partnership is a mutual fund company focused on the creation of innovative investment products and solutions designed to meet the needs of Canadians investors. Using a multi-boutique approach and a focus on tax efficiency, the firm offers a diverse suite of strategies that are well positioned as attractive investment opportunities for Canadians in pursuit of their financial goals.

Forward Looking Statements

This release may contain "forward-looking statements" which reflect the current expectations of the Company. These statements reflect management's current beliefs with respect to future events and are based on information currently available to management. Forward-looking statements involve significant known and unknown risks, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements including, without limitation, those listed under the heading "Risk Factors" in the Company's Management Discussion and Analysis, which is available on the Company's website and on SEDAR at www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance or achievements could vary materially from those expressed or implied by the forward-looking statements contained in this release. Although the forward-looking statements contained in this release are based upon what the Company believes to be reasonable assumptions, the Company cannot assure investors that actual results, performance or achievements will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this release and the Company does not assume any obligation to update or revise them to reflect new events or circumstances.

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