Home Breadcrumb caret Industry News Breadcrumb caret Industry First Asset changes risk ratings for 2 mutual funds The funds now have lower risk ratings By Staff | May 8, 2019 | Last updated on May 8, 2019 1 min read 123RF First Asset Investment Management Inc. announced on Wednesday it has changed the risk ratings for two of its mutual funds. The First Asset REIT Income Fund and the First Asset Canadian Dividend Opportunity Fund now have a “low to medium” risk rating. Previously, they both had a “medium” rating. In a release, First Asset said the changes were based on methodology mandated by the Canadian Securities Administrators, and are not due to adjustments to the funds’ investment objectives, strategies or management. Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo