Bridgehouse Asset Managers Announces Changes to the Canadian Fixed Income Component of Three Balanced Funds and a Money Market Fund

TORONTO, Aug. 21, 2013 /CNW/ – Bridgehouse Asset Managers (Bridgehouse), the manager of the Bridgehouse Funds, today announced pursuant to its obligations under National Instrument 81-106 to provide timely disclosure of a material change to the business, operations, or affairs of the Bridgehouse Funds, that State Street Global Advisors (SSgA), of Toronto, Ontario, a sub-advisor in respect of the Brandes Canadian Money Market Fund, Brandes Global Balanced Fund, Sionna Monthly Income Fund, and the Sionna Canadian Balanced Fund, has retained State Street Bank and Trust Company (SSBTC) of Boston, Massachussets, as its sub-advisor.

In addition, changes are being made to the investment strategies of the fixed income portion of each of the Brandes Global Balanced Fund, Sionna Monthly Income Fund, and the Sionna Canadian Balanced Fund as SSgA, through its sub-advisor SSBTC, manage the portfolio to match the performance of the DEX Universe Bond Index while minimizing transaction costs.

About Bridgehouse Asset Managers
Bridgehouse Asset Managers, a trade name of Brandes Investment Partners & Co., is an independent company offering tried-and-true investment solutions to Canadians. Bridgehouse offers 18 mutual funds, in addition to supporting SMA mandates on 14 platforms. For more about Bridgehouse, visit www.bridgehousecanada.com.

 

SOURCE Bridgehouse Asset Managers

http://www.prnewswire.com/news-releases/bridgehouse-asset-managers-announces-changes-to-the-canadian-fixed-income-component-of-three-balanced-funds-and-a-money-market-fund-220473381.html