GrowthWorks Commercialization Fund Announces Revised Asset Allocation Rules
TORONTO, ONTARIO–(Marketwire – Feb. 10, 2010) – GrowthWorks Commercialization Fund voiced now which it has implemented formerly voiced and shareholder approved, revised investment grant rules. These revised manners yield for an progressing pooling of investments between Series of Class A Shares, thereby achieving larger diversification between Series and obscure the altogether risk profile. Under the brand new rules, all formerly offering Series experience in a single, pooled try investment portfolio. The now offering 10 Series will experience in the pooled try investment portfolio commencing on a date in Mar 2010 after the finish of the RSP season.
“These changes will outcome in larger diversification for the Commercialization Fund’s investors and serve raise their event for collateral appreciation,” pronounced David Levi, President and CEO of GrowthWorks.
Further details of the revised investment grant manners have been set out in the Fund’s stream prospectus.
About GrowthWorks(i)(www.growthworks.ca)
GrowthWorks(TM) managed supports yield investment collateral for Canadian companies and tax-advantaged investment opportunities for Canadian investors. GrowthWorks Ltd. is a auxiliary of Matrix Asset Management Inc., a diversified item government association with over $3 billion in resources underneath management, together with $700 million in try collateral account assets. Venture collateral supports underneath government embody the Working Opportunity Fund (EVCC) Ltd., GrowthWorks Atlantic Venture Fund Ltd., GrowthWorks Commercialization Fund Ltd. and GrowthWorks Canadian Fund Ltd.. GrowthWorks’ try collateral multiplication identifies, analyzes and structures investments in companies with tall expansion potential. Particular importance is placed on IT, Life Sciences and Advanced Manufacturing sectors. Building on some-more than seventeen years of investment expertise, GrowthWorks is a personality in Canadian try collateral management.
(i)GrowthWorks refers to affiliates of GrowthWorks Ltd. and includes: GrowthWorks Capital Ltd., physical education instructor of the Working Opportunity Fund (EVCC) Ltd.; GrowthWorks WV Management Ltd., physical education instructor of GrowthWorks Canadian Fund Ltd. and GrowthWorks Commercialization Fund Ltd.; GrowthWorks Atlantic Ltd., physical education instructor of GrowthWorks Atlantic Venture Fund Ltd.. GrowthWorks is a purebred heading of GrowthWorks Capital Ltd. Commissions, trailing commissions, government fees and losses all might be compared with investments in sell try collateral supports (RVCs). RVCs have been not guaranteed; their values shift often and past opening might not be repeated. Please review the handbill of the account prior to investing.
