Starlight Capital and Stone Asset Management announce change of manager and trustee of the Stone Funds

TORONTO--()--Starlight Investments Capital LP (“Starlight Capital”) and Stone Asset Management Limited (“SAM”) are pleased to announce the assignment by SAM to its affiliate, Starlight Capital, of the investment fund management and portfolio management duties related to the Stone Growth Fund, Stone Global Balanced Fund, Stone Global Growth Fund, Stone Dividend Yield Hog Fund, Stone Covered Call Canadian Banks Plus Fund and Stone Dividend Growth Class (collectively, the “New Starlight Funds”) and the appointment of Starlight Capital as successor trustee of the New Starlight Funds (the “Change of Manager and Trustee”).

Concurrent with the Change of Manager and Trustee, the following changes have also been made to the New Starlight Funds:

Fund Name

Changes

Starlight North American Equity Fund
(formerly Stone Growth Fund)

  • Change of name from Stone Growth Fund to Starlight North American Equity Fund;
  • Renaming of the Series O Units to Series I Units;
  • Renaming of the Series T8A Units to Series T8 Units; and
  • Changing of the PTF Ticker SAMGF to SCNAE.

 

Starlight Global Balanced Fund
(formerly Stone Global Balanced Fund)

  • Change of name from Stone Global Balanced Fund to Starlight Global Balanced Fund;
  • Renaming of the Series O Units to Series I Units; and
  • Renaming of the Series T8A Units to Series T8 Units.

 

Starlight Global Growth Fund
(formerly Stone Global Growth Fund)

  • Change of name from Stone Global Growth Fund to Starlight Global Growth Fund;
  • Renaming of the Series O Units to Series I Units; and
  • Renaming of the Series T8A Units to Series T8 Units.

 

Starlight Enhanced Yield Fund
(formerly Stone Dividend Yield Hog Fund)

  • Change of name from Stone Dividend Yield Hog Fund to Starlight Enhanced Yield Fund;
  • Renaming of the Series O Units to Series I Units;
  • Renaming of the Series T5A Units to Series T5 Units; and
  • Renaming of the Series T5F Units to Series FT5 Units.

 

Starlight Canadian Financial Services Covered Call Fund
(formerly Stone Covered Call Canadian Banks Plus Fund)

 

  • Change of name from Stone Covered Call Canadian Banks Plus Fund to Starlight Canadian Financial Services Covered Call Fund;
  • Renaming of the Series O Units to Series I Units; and
  • Changing of the PTF Ticker SAMCC to SCFCC.

 

Starlight Dividend Growth Class
(formerly Stone Dividend Growth Class)

  • Change in name of Stone Dividend Growth Class to Starlight Dividend Growth Class;
  • Renaming of the Series O Shares to Series I Shares;
  • Renaming of the Series T8A Shares to Series T8 Shares; and
  • Changing of the PTF Ticker SAMDG to SCDGC.

 

Copies of the amendments to the declaration of trusts of the New Starlight Funds reflecting the announced changes have been filed with the applicable Canadian securities regulators and are available for review on SEDAR at www.sedar.com.

About Starlight Investments Capital LP

Starlight Capital is an independent Canadian asset management firm with over $1 billion in assets under management. We manage Global and North American diversified private and public equity investments across traditional and alternative asset classes, including real estate, infrastructure and private equity. Our goal is to deliver superior risk-adjusted, total returns to investors through a disciplined investment approach: Focused Business Investing. Starlight Capital is a wholly-owned subsidiary of Starlight Investments. Starlight Investments is a leading global real estate investment and asset management firm with over 360 employees and $25B in AUM. A privately held owner, developer and asset manager of over 77,000 multi-residential suites and over 9 million square feet of commercial property space. Learn more at www.starlightcapital.com and connect with us on LinkedIn at https://www.linkedin.com/company/starlightcapital/

Contacts

Marco Drumonde
Vice President, Advisor & Investor Experience
1 -647 -245 -2045
mdrumonde@starlightcapital.com

Contacts

Marco Drumonde
Vice President, Advisor & Investor Experience
1 -647 -245 -2045
mdrumonde@starlightcapital.com