EDMONTON, Alberta, Aug. 20, 2018 (GLOBE NEWSWIRE) -- ATB Investment Management Inc. (“ ATB ”) announced today a change in the risk ratings of certain of its funds.

In accordance with the new standardized methodology for classifying fund volatility mandated by the Canadian Securities Administrators, ATB has made the following risk rating changes:

Fund Previous Risk Rating New Risk Rating
ATBIS International Equity Pool Medium Medium to High
Compass Conservative Balanced Portfolio Low to Medium Low
Compass Balanced Portfolio Medium Low to Medium
Compass Balanced Growth Portfolio Medium Low to Medium
Compass Growth Portfolio Medium to High Low to Medium
Compass Maximum Growth Portfolio Medium to High Low to Medium

No changes have been made to the investment objectives, investment strategies or management of any of these funds.

About ATB Investment Management Inc.

ATB Investment Management Inc. manages the ATBIS Pools and Compass Portfolios https://d.adroll.com/cm/aol/out and is the asset management division for ATB Financial. For more information, please visit www.atb.com  and www.compassportfolios.com . ATB Investment Management Inc., ATB Securities Inc. (Member, Investment Industry Regulatory Organization of Canada; Member, Canadian Investor Protection Fund) and ATB Insurance Advisors Inc. are wholly owned subsidiaries of ATB Financial and are licensed users of the registered trade name ATB Investor Services.

About ATB Financial

With assets of $50.7 billion, ATB Financial is Alberta's largest home-grown financial institution. Established in 1938, ATB is a network of 175 branches, 142 agencies, a Customer Care Centre, three Entrepreneur Centres, along with mobile and online banking. ATB’s more than 5,000 team members help more than 740,000 customers in 247 Alberta communities.

For more information, please contact:

Michelle Stead Senior Content Editor, Media & Story, ATB Financial 587-987-4213