Qwest Investment Fund Management Ltd.

Qwest Investment Fund Management Ltd.

April 07, 2014 15:03 ET

Qwest Funds Corp.: Notice of Change in Name, Investment Objective and Strategies

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 7, 2014) - Qwest Investment Fund Management Ltd. (the "Manager"), the manager of the Qwest Global Tactical Balanced Class (the "Fund"), a class of special shares of Qwest Funds Corp., announced today that it is proposing changes to the fundamental investment objective and strategies of the Fund, as well as the name of the Fund, subject to obtaining shareholder approval of the investment objective change at a special meeting of shareholders of the Fund (the "Meeting") to be held on or about May 22, 2014.

In particular, the Manager is proposing to amend the Fund's fundamental investment objective to allow it to focus its investment activities on equity and fixed income securities issued by companies involved in the exploration, development, production or supply of oil and/or natural gas in Canada and abroad, and companies that service such industries. If this change to the Fund's fundamental investment objective is approved at the Meeting, then the Manager will make consequential changes to the Fund's investment strategies and the name of the Fund will be changed to the "Qwest Energy Growth & Income Class".

If the requisite approval is obtained, the investment objective change, as well as the other changes to the Fund described above, are expected to be implemented on or about May 30, 2014.

About Qwest Investment Fund Management Ltd.

Qwest Investment Fund Management Ltd. is the registered portfolio management firm that provides management and portfolio advisory services to the investment funds offered by the Qwest group of companies, including the Qwest Energy Canadian Resource Class and Qwest Global Tactical Balanced Class of Qwest Funds Corp.

Contact Information