Changes to the Investment Objectives Pembroke International Growth Fund
01 May 2024 - 10:55PM
Pembroke Private Wealth Management
Ltd. (“
Pembroke”), the manager of Pembroke
International Growth Fund announces changes to the current
investment objectives of the Fund.
On April 26, 2024, holders of Pembroke
International Growth Fund voted in favour of a resolution approving
amendments to the Fund’s constituting documents in order to change
the investment objectives of the Fund. Such change will come into
effect on or about May 17, 2024. The investment objectives will
change as follows:
Current Investment Objectives |
Proposed Investment Objectives |
To provide long-term growth through capital appreciation by
investing primarily in a diversified portfolio of small- to
mid-sized foreign companies located outside of the United
States. |
To provide long-term growth through capital appreciation by
investing primarily in a diversified portfolio of high-quality
foreign companies across all market cap ranges located outside the
United States and Canada. |
As part of its investment strategies, the
investment analysis for Pembroke International Growth Fund shall
continue to be based on three levels of decisions. The first
involves the decision to underweight or overweight certain regions
or countries of the world. The second involves the currency
allocation of the fund. The third involves sector and security
level analysis of the Fund and is modified to indicate that the
present focus on small to mid-cap companies will not change at this
time. The objective of this three-level decision making approach is
to combine the benefits of top-down analysis with that of a
detailed bottom-up security selection. This involves evaluating the
financial condition and management of a company and its industry,
as well as the health of the overall economy.
These changes will be reflected in the
Prospectus and Fund’s Fund Facts document to be filed shortly on
SEDAR+.
For further information on Pembroke Private
Wealth Management Ltd. and the Fund, please visit www.pml.ca or
call 1-800-667-0716 (Montreal) or 1-800-668- 7383 (Toronto).
About Pembroke
Pembroke Private Wealth Management Ltd. is a
wealth advisory firm that provides clients with customized
solutions to secure their financial futures. Our clients include
individuals, families, and foundations. The firm was founded in
1988 by Pembroke Management Ltd., an institutional money manager
that has been investing in growth stocks since 1968.
Please read the prospectus before investing.
Mutual funds are not guaranteed, their values change frequently,
and past performance may not be repeated.
Montreal Office: 1002 Sherbrooke Street West
Suite 1700 Montreal Quebec H3A 3S4 Tel: 514-848-0716 Toll-free:
1-800-667-0716
Toronto Office: 150 King Street West Suite 1210
Toronto, Ontario M5H 1J9 Tel: 416-366-2550 Toll-free:
1-800-668-7383