Middlefield Concludes 2016 Mutual Fund Risk Rating Review

CALGARY, May 27, 2016 /CNW/ - Middlefield Group ("Middlefield") announced today that it has concluded its 2016 risk rating review. The resulting risk rating changes will be reflected in the renewal Simplified Prospectus for Middlefield Mutual Funds, dated May 27, 2016.

Middlefield follows a risk classification methodology based on the approach recommended by the Investment Funds Institute of Canada. Middlefield has determined it is appropriate to change the risk ratings for Middlefield Global Energy Class and Middlefield Resource Class from "medium to high" to "high". No material changes have been made to the investment objectives, strategies or management of the affected funds.

Copies of the Simplified Prospectus and further information about this or any of our other award-winning mutual funds will be available on our website at www.middlefield.com or contacting Nancy Tham or Michael Bury in our Sales and Marketing Department at 1.888.890.1868.

Middlefield Group
Formed in 1979, Middlefield creates and manages specialized investment products for individual and institutional investors and has assets under management of $4.5 billion. We provide services in Canada primarily through Middlefield Limited, a registered Investment Fund Manager, Middlefield Capital Corporation, a member of IIROC, and internationally through Middlefield International Limited in London, England, which is registered as a member firm with The Financial Conduct Authority in the United Kingdom.

SOURCE Middlefield Mutual Funds Limited

Copies of the Simplified Prospectus and further information about this or any of our other award-winning mutual funds will be available on our website at www.middlefield.com or contacting Nancy Tham or Michael Bury in our Sales and Marketing Department at 1.888.890.1868.