PFSL Fund Management Ltd. Announces Risk Rating Change for Primerica Income Fund
15 Novembre 2024 - 4:00PM
Business Wire
PFSL Fund Management Ltd. (PFSL) announced today that it has
changed the risk rating for Primerica Income Fund (the Fund) from
"low" to "low to medium”. The change is a result of the risk rating
methodology mandated by the Canadian Securities Administrators and
the periodic review by PFSL to determine the risk level of its
publicly-offered mutual funds. No material changes have been made
to the investment objective, strategies or management of the Fund
as a result. The change of the risk rating will be reflected in the
Fund’s offering documents, which will be completed in accordance
with applicable securities laws.
About PFSL Fund Management Ltd.
PFSL Fund Management Ltd. (PFSL) is an investment manager and
subsidiary of Primerica Financial Services (Canada) Ltd. The
Primerica family of companies, including PFSL’s parent company,
PFSL Investments Canada Ltd., a mutual fund dealer, and Primerica
Life Insurance Company of Canada, has become an increasingly
important participant in the Canadian financial services sector.
PFSL manages the overall day-to-day affairs and operations,
provides administrative services and is responsible for all
investment decisions.
About Primerica, Inc.
Primerica, Inc., headquartered in Duluth, GA, is a leading
provider of financial products and services to middle-income
households in North America. Independent licensed representatives
educate Primerica clients about how to better prepare for a more
secure financial future by assessing their needs and providing
appropriate solutions through term life insurance, which we
underwrite, and mutual funds, annuities and other financial
products, which we distribute primarily on behalf of third parties.
We insured over 5.7 million lives and had over 2.9 million client
investment accounts on December 31, 2023. Primerica, through its
insurance company subsidiaries, was the #2 issuer of Term Life
insurance coverage in the United States and Canada in 2023.
Primerica stock is included in the S&P MidCap 400 and the
Russell 1000 stock indices and is traded on The New York Stock
Exchange under the symbol “PRI”.
About PFSL Investments Canada Ltd.
PFSL Investments Canada Ltd. is a member of the Primerica Canada
group of companies (Primerica), which includes Primerica Life
Insurance Company of Canada (PLICC) and PFSL’s wholly owned
subsidiary, PFSL Fund Management Ltd. (PFSL). The Primerica
companies are related parties, with common ownership and
management.
Commissions, trailing commissions, management fees and expenses
all may be associated with investment fund investments. Please read
the prospectus and other disclosure documents before investing.
Investment funds are not covered by the Canada Deposit Insurance
Corporation or any other government deposit insurer. There can be
no assurance that the full amount of your investment in a fund will
be returned to you. If the securities are purchased or sold on a
stock exchange, you may pay more or receive less than the current
net asset value. Investment funds are not guaranteed, their values
change frequently and past performance may not be repeated.
This press release is for information purposes only and does not
constitute an offer to sell or a solicitation to buy the securities
referred to herein. This press release is not for dissemination in
the United States or for distribution to US news wire services.
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version on businesswire.com: https://www.businesswire.com/news/home/20241115882285/en/
Gana Ahn Public Relations gana.ahn@primerica.com
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