TORONTO, Oct. 25, 2013 /CNW/ - The Ontario Securities Commission (OSC) is warning investors about solicitations made by SUNS Group, which operates through the website www.sunsgroup.com.
SUNS Group claims to be offering investors two investments:
- "U.S. Growth Fund" with a minimum opening deposit of $5,000 and a monthly interest range between 2.45 - 7.25 per cent; and
- "Sustainable Fund" with a minimum opening deposit of $10,000 and a monthly interest range between 2.70 - 8.50 per cent.
SUNS Group claims to be located in Ottawa, Ontario and lists a telephone number with an Ottawa area code on its website. SUNS Group is not registered to sell securities in Ontario.
The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices and to foster fair and efficient capital markets and confidence in capital markets. Investors are urged to check the registration of any person or company offering an investment opportunity and to review the OSC's investor materials available at www.osc.gov.on.ca.
If you have any questions or information relating to this matter, please contact the OSC Contact Centre at 1-877-785-1555.
SOURCE Ontario Securities Commission