Toronto-based Educators Financial Group Inc. has announced it will lower the risk rating of Educators Monitored Growth Portfolio from “medium” to “low to medium.”

The change will be reflected in the simplified prospectus of the fund and is expected to be filed with the securities regulatory authorities in Ontario and B.C. on or about May 18.

Educators Financial Group offers free financial planning and a wide selection of investing and lending products and services exclusively to teachers, educational workers, and their families.