No changes have been made to the ETFs’ investment objectives or strategies
Its risk rating has been lowered from “Medium to High” to “Medium”
The company will terminate one of the ETFs on which it’s raising the risk rating
New risk ratings for 37 mutual funds
Risk ratings lowered for two funds
Some funds not using CSA’s 2017 risk classification methodology
The changes are effective immediately
New risk ratings for three mutual funds
The firm will be reducing management fees, trailer fees and risk ratings on various funds
Lower ratings for 24 mutual funds