TORONTO, ONTARIO — (Marketwire) — 06/04/12 — Matrix Funds Management, the manager of the Matrix Mutual Funds, announced the following name changes.
In connection with the Series T8 and Series T-F8 name changes, it is proposed that the distribution policy for the Series T8 Shares and Series T-F8 Shares be amended to provide for a monthly distribution of between 7% and 9% of the net asset value per share as of December 31 of the previous year. It is anticipated that the distribution policy will be effective on receipt for the Matrix Funds- final 2012 prospectus and annual information form, which is expected to occur no later than July 10, 2012. Further information on the Funds- amended distribution policy will be available in the Matrix Funds- final 2012 prospectus and annual information form.
There is no guarantee as to the amount of distributions that will be paid by the Matrix Funds. There is no certainty that the distribution policy will be amended as proposed and the distribution policy for the Matrix Funds can be changed at any time.
About Matrix Funds Management(i)
Matrix Funds Management (a division of Growth Works Capital Ltd.) is the manager of the Matrix Funds and a subsidiary of Matrix Asset Management Inc. (TSX: MTA). Matrix provides diversified asset and wealth management for both individuals and institutional investors. Please visit for more information.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
Contacts:
Matrix Funds Management
David Balsdon
COO and CCO
Direct: 1-416-365-4201 or Toll Free: 1-888-964-3533