Real Assets Investment Management Inc. has filed a preliminary prospectus for three new mutual funds: Real Assets Canadian Equity Fund; Real Assets Monthly Income Fund and Real Assets Money Market Fund.
In addition, Real Assets has given notice of special meetings of unitholders of its existing mutual funds to approve a change in the investment objectives of its Social Impact Balanced Fund and to ratify the appointment of KPMG, LLP as successor auditor of the funds.
Real Assets also intends to make certain changes to Real Assets Social Leaders Fund and Real Assets Social Impact
Balanced Fund, including:
- adding Class F and Class O Units to both funds;
- reducing the management fees on the Class A Units;
- capping the fund’s management expense ratio;
- enhancing its program allowing for free redemption of units purchased on a deferred sale charge basis;
- changing the name of the Social Impact Balanced Fund to the Real Assets Balanced Fund; and
- changes to the custodian, sub-advisor and other and service providers for the funds.
The changes will be effective November 28, subject to regulatory approval.
Real Assets Investment Management Inc. is the manager of the Real Assets Mutual Funds. Real Assets is a subsidiary of Vancouver City Savings Credit Union.