Stone Investment Group Limited Reports Annual Results
17 January 2008 - 7:02AM
Marketwired Canada
Stone Investment Group Limited ("SIG") today released its audited annual
financial results for the year ended September 30, 2007.
The full financial statements for the year, including Management's Discussion
and Analysis, are available on SEDAR at www.SEDAR.com.
As of January 15, 2008, assets under management were $832 million, a 34%
increase from $621 million at the end of December 2006. Effective January 1,
2008, the interest rate on the debenture has increased 1.5% to 10.5%. The terms
of the debenture included a 0.25% increase for every $35 million dollar increase
in assets under management up to a maximum of 11%, beginning January 1, 2008.
About Stone Investment Group Limited
Stone Investment Group Limited is an independent wealth management company.
Stone Investment Group Limited, through its wholly-owned subsidiaries, Stone &
Co. Limited and Stone Asset Management Limited, structures and manages high
quality investment products for Canadian investors.
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