Le Lézard
Classified in: Business
Subject: MUTUAL FUNDS

NCM Asset Management Ltd. Announces Completion of Mergers and Termination of Certain Mutual Funds


CALGARY, Alberta, Oct. 31, 2018 (GLOBE NEWSWIRE) -- NCM Asset Management Ltd. (formerly, Norrep Capital Management Ltd.) ("NCM"), the manager of a strategically focused group of public mutual funds, alternative investment funds, and limited partnerships, announces today that the following previously announced mutual fund mergers have been completed:

  Terminating FundContinuing Fund
  NCM High Income FundNCM Conservative Income Portfolio
  NCM Tactical Opportunities ClassNCM Growth and Income Portfolio
  NCM Premium Growth ClassNCM Balanced Income Portfolio

Pursuant to the mergers, each Continuing Fund acquired all or substantially all of the net assets of each corresponding Terminating Fund and securityholders of each Terminating Fund became securityholders of each corresponding Continuing Fund. Each Terminating Fund is being wound up and terminated on the completion of the mergers. Securities of the Continuing Funds are distributed by prospectus.  

NCM is a Canadian investment firm with offices in Calgary and Toronto. Please visit www.ncminvestments.com for more details about NCM and its investment products. For the complete disclosure record of the NCM Group of Funds, please visit www.sedar.com.

About NCM Asset Management Ltd.

For over 20 years, NCM has been one of Canada's leaders in actively managed investment products. NCM is an independent Canadian investment firm with offices in Calgary and Toronto, distributing retail mutual funds and related products and services to Canadian investors, through a third party distribution channel.  (www.ncminvestments.com)

For further information or assistance, please contact:

NCM Asset Management Ltd.

Dealer & Client Services
Attention: Nora Powell
Toll Free: 1-877-531-9355
Dome Tower ? Suite 1850, 333 ? 7th Avenue S.W., Calgary, AB  T2P 2Z1
Email: [email protected] | Website: www.ncminvestments.com


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