Core Insights - Canoe Financial LP announced changes to two of its investment funds, reflecting a focus on clarity and alignment with investment strategies [1][2] Fund Name Changes - Effective June 20, 2025, Canoe Defensive Global Balanced Fund will be renamed Canoe Fundamental Global Balanced Fund, and Canoe Canadian Small Mid Cap Portfolio Class will be renamed Canoe Fundamental Small Mid Cap Portfolio Class [9] Investment Strategy Changes - The Canoe Fundamental Global Balanced Fund will shift to a fundamental, bottom-up security selection strategy, removing the risk management overlay previously managed by Nalmont Capital Inc. [3][4] - The Canoe Fundamental Small Mid Cap Portfolio Class will increase its foreign equity exposure limit to 49%, up from 30%, enhancing its ability to capitalize on small- and mid-cap opportunities outside of Canada [5] Investment Objectives - No changes have been made to the investment objectives of either the Canoe Fundamental Global Balanced Fund or the Canoe Fundamental Small Mid Cap Portfolio Class [6] Company Overview - Canoe Financial is one of Canada's fastest-growing independent mutual fund companies, managing approximately $20.0 billion in assets across a diversified range of investment solutions [7]