Le Lézard
Classified in: Business
Subject: MISCELLANEOUS

Waypoint Investment Partners Inc. refiles Management Report of Fund Performance and Fund Facts documents


TORONTO, Nov. 19, 2021 (GLOBE NEWSWIRE) -- Waypoint Investment Partners Inc. (Waypoint) today announced the refiling of the Management Report of Fund Performance (MRFP) for Waypoint All Weather Alternative Fund (Fund) for the periods ended June 30, 2021 and December 31, 2020, and the Fund Facts dated August 23, 2021. The purpose of the filings is to correct an inadvertent misstatement of the management expense ratio (MER) for the Fund for the following periods and series:

 Series A - OMSeries ASeries F - OMSeries FSeries F - US
 From:To:From:To:From:To:From:To:From:To:
June 30, 2021:1.31% 1.49% 2.15% 3.89% 1.31% 1.52% 1.31% 3.0% 1.23% 3.82% 
Dec. 31, 2020:1.42% 1.57% 2.25% 4.76% 1.42% 1.63% 1.42% 3.93% n/an/a

The misstatement was due to the calculation of the MER prior to the application of the Fund's performance fees for the period. Performance fees are charged to the Fund when the Fund achieves performance above its previous high-water mark as defined in the Fund's simplified prospectus. In some periods, no performance fee may be charged.

In addition, the trading expense ratio (TER) for all series has been annualized from 0.35% to 0.71% in the June 30, 2021 MRFP and the MER before the absorption of expenses by Waypoint has also been updated.

No other changes were made to the MRFP or Fund Facts for each period. The revised MRFPs and Fund Facts will be available on Waypoint's website at www.waypointinvestmentpartners.com and on SEDAR at www.sedar.com. A copy of the revised Fund Facts for the Fund will also be provided on request, at no cost, by calling Waypoint at 416-960-7682, or from an investor's dealer or advisor or by email at funds@waypointinvestmentpartners.com.   For further information regarding Waypoint and the Fund, please visit www.waypointinvestmentpartners.com.

Commissions, management fees, performance fees and expenses all may be associated with investments in mutual funds. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

About Waypoint Investment Partners Inc.

Waypoint Investment Partners Inc. is a Toronto-based investment manager that services high net worth individuals, family offices, investment advisors, foundations and institutional clients. With a team of 12 experienced industry professionals, Waypoint delivers proprietary products and services. Waypoint is a member of the Portfolio Management Association of Canada and is registered as an Investment Fund Manager, Portfolio Manager and Exempt Market Dealer in several Canadian provinces.

For further information contact Max Torokvei, CEO, Waypoint Investment Partners Inc., at 416 960 7683 or mtorokvei@waypointinvestmentpartners.com.



These press releases may also interest you

at 17:13
IA Clarington Investments Inc. ("iA Clarington") today announced the January 2022 distributions for its Active ETF Series. Unitholders of record as of February 1, 2022 will receive cash distributions payable on February 9, 2022. Per-unit...

at 17:12
House of Saka, Inc., producer of the first and only award-winning, alcohol-free,  cannabis-infused wines from the iconic Napa Valley appellation, announced today an exclusive partnership with Carbidex LLC Michigan, a family-owned holding entity with...

at 17:10
Regis Corporation , a leader in the haircare industry, whose primary business is franchising technology-enabled hair salons, will issue financial results for the second fiscal quarter ended December 31, 2021 before the market opens on February 3,...

at 17:08
Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Terminix Global Holdings,...

at 17:07
Haivision Systems Inc. ("Haivision" or the "Company") , a leading global provider of mission critical, real-time IP video solutions, today announced its results for the fourth quarter and year ended October 31, 2021....

at 17:05
Northwest Natural Holding Company (NW Natural Holdings) announced today it will issue its fourth quarter and full year 2021 earnings release and conduct an analyst conference call and webcast to review results at 8 a.m. Pacific Time (11 a.m. Eastern...



News published on 19 november 2021 at 16:40 and distributed by: