{"id":63786,"date":"2026-03-09T22:29:06","date_gmt":"2026-03-09T16:59:06","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/2026\/03\/09\/portland-investment-counsel-inc-announces-mutual-fund-risk-rating-changes-to-portland-life-sciences-alternative-fund-and-portland-replacement-of-fossil-fuels-alternative-fund\/"},"modified":"2026-03-09T22:29:06","modified_gmt":"2026-03-09T16:59:06","slug":"portland-investment-counsel-inc-announces-mutual-fund-risk-rating-changes-to-portland-life-sciences-alternative-fund-and-portland-replacement-of-fossil-fuels-alternative-fund","status":"publish","type":"post","link":"https:\/\/new.matribhumisamachar.com\/en\/2026\/03\/09\/portland-investment-counsel-inc-announces-mutual-fund-risk-rating-changes-to-portland-life-sciences-alternative-fund-and-portland-replacement-of-fossil-fuels-alternative-fund\/","title":{"rendered":"Portland Investment Counsel Inc. Announces Mutual Fund Risk Rating Changes to Portland Life Sciences Alternative Fund and Portland Replacement of Fossil Fuels Alternative Fund"},"content":{"rendered":"<p style=\"text-align: justify;\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/api.newsfilecorp.com\/newsinfo\/287764\/511\" width=\"2\" height=\"2\" \/><\/p>\n<p style=\"text-align: justify;\">Burlington, Ontario&#8211;(Newsfile Corp. &#8211; March 9, 2026) &#8211; Portland Investment Counsel Inc. (&#8220;<b>Portland<\/b>&#8220;) announced today a change to the risk ratings of Portland Life Sciences Alternative Fund and Portland Replacement of Fossil Fuels Alternative Fund (the &#8220;<b>Funds<\/b>&#8220;). The changes are effective immediately and details are included in the following table:<\/p>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"3\">\n<tbody>\n<tr>\n<td><b>Fund<\/b><\/td>\n<td><b>Previous Risk Rating<\/b><\/td>\n<td><b>New Risk Rating<\/b><\/td>\n<\/tr>\n<tr>\n<td>Portland Life Sciences Alternative Fund<\/td>\n<td>Medium<\/td>\n<td>Medium to High<\/td>\n<\/tr>\n<tr>\n<td>Portland Replacement of Fossil Fuels Alternative Fund<\/td>\n<td>Medium to High<\/td>\n<td>High<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\">Portland determines the risk rating for the Funds in accordance with the methodology required by the Canadian securities regulators. The changes are a result of Portland&#8217;s annual review of the investment risk level of the Funds. There are no changes to the investment objectives or strategies of the Funds.<\/p>\n<p style=\"text-align: justify;\">The changes will be reflected in an amendment to the Funds&#8217; Simplified Prospectus and in the annual renewal of the Fund Facts for 2026, which will be filed with Canadian securities regulators.<\/p>\n<div style=\"text-align: justify;\">\n<p>For further information, on Portland and the Funds, please visit <a href=\"https:\/\/api.newsfilecorp.com\/redirect\/KL4zquJ3WA\">www.portlandic.com<\/a> or contact Client Services at 1-888-710-4242, option #1, or email at <a href=\"mailto:clientservices@portlandic.com\">clientservices@portlandic.com<\/a>.<\/p>\n<\/div>\n<p style=\"text-align: justify;\"><img decoding=\"async\" src=\"https:\/\/images.newsfilecorp.com\/files\/6132\/287764_b5d82083c4d2e92a_logo.jpg\" alt=\"Corporate Logo\" \/><\/p>\n<p style=\"text-align: justify;\">To view the source version of this press release, please visit <a href=\"https:\/\/api.newsfilecorp.com\/redirect\/EZNqnUjvm4\">https:\/\/www.newsfilecorp.com\/release\/287764<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Burlington, Ontario&#8211;(Newsfile Corp. &#8211; March 9, 2026) &#8211; Portland Investment Counsel Inc. (&#8220;Portland&#8220;) announced today a change to the risk ratings of Portland Life Sciences Alternative Fund and Portland Replacement of Fossil Fuels Alternative Fund (the &#8220;Funds&#8220;). The changes are effective immediately and details are included in the following table: Fund Previous Risk Rating New [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":106422,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[54732],"tags":[],"class_list":["post-63786","post","type-post","status-publish","format-standard","has-post-thumbnail","category-press-releases"],"_links":{"self":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts\/63786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/comments?post=63786"}],"version-history":[{"count":0,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts\/63786\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/media\/106422"}],"wp:attachment":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/media?parent=63786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/categories?post=63786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/tags?post=63786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}