Beutel Goodman Reduces Management Fees on Four Mutual Funds

TORONTO, May 26, 2021 /CNW/ - Beutel, Goodman & Company Ltd. ("Beutel Goodman") today announced management fee reductions to four bond funds in its mutual fund lineup. Starting July 1, 2021, the annual management fee on the following funds will be reduced by eight basis points (0.08%):

"In a low interest rate environment like the one we're currently in, we believe it is crucial for investors to have access to actively managed fixed income funds," said Paul Hamilton, Vice President, Managed Assets for Beutel Goodman. "Reducing the management fees on our lineup of bond funds represented an opportunity for us to further add value and provide advisors and retail clients with greater access to our institutional-style investment products."

Disclaimers

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Class D is available for sale through a discount broker or advisor. Classes F and B are only available for sale through an advisor.

About Beutel, Goodman & Company Ltd.

Beutel, Goodman & Company Ltd. is a privately owned, independent Canadian investment manager with over $43 billion in assets under management as at March 31, 2021. For over 50 years, we have been dedicated to helping our institutional, private wealth and retail clients achieve their long-term investment goals. As value investors, high-conviction ideas and a focus on capital preservation are the cornerstones of our disciplined research process. For more information about Beutel Goodman and our actively managed portfolios, visit https://www.beutelgoodman.com/.

SOURCE Beutel, Goodman & Company Ltd.