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Canoe Financial Announces Sub Advisor for ita??s Global Balanced Mandate and Risk Rating Changes on Several Mutual Funds

CALGARY, Alberta, June 26, 2020 (GLOBE NEWSWIRE) -- Canoe Financial LP (a??Canoe Financiala??) is pleased to announce today that Fiera Capital Corporation (a??Fiera Capitala??) has been named as the sub-advisor for the global equity portion of Canoe Defensive Global Balanced Funda??s investment portfolio.
Additionally, the risk ratings for certain Canoe mutual funds have changed as follows:

Fund Name






Previous
Risk Rating





New
Risk Rating





Canoe Defensive International Equity Fund





Medium





Low to Medium





Canoe Canadian Small Mid Cap Portfolio Class





Medium





Medium to High





Canoe Energy Income Portfolio Class





Medium





High





Canoe Energy Portfolio Class





Medium to High





High



These changes are in accordance with the investment risk classification methodology set forth in National Instrument 81-102 a?? Investment Funds and will be reflected in the fundsa?? simplified prospectus and the applicable fund facts, which will be filed with Canadian securities regulators in connection with the fundsa?? 2020 annual renewal. There are no changes to the investment objectives or strategies of these funds.About Canoe FinancialCanoe Financial is one of Canadaa??s fastest growing independent mutual fund companies managing over $7.4 billion in assets across a diversified range of award-winning mutual funds and private energy equity products. Founded in 2008, Canoe Financial is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe Financial has significant national presence across Canada, including offices in Calgary, Toronto and Montreal.
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