TORONTO, July 20, 2012 /CNW/ - JovFinancial Solutions Inc. ("JovFinancial"), the manager of Horizons Advantaged Equity Fund Inc. and Jov
Canadian Equity Class of Jov Corporate Funds Ltd. (collectively, the "Funds"), announces that, effective July 31, 2012, T.I.P. Wealth Manager Inc.
will cease to act as sub-advisor to the Funds. Leon Frazer &
Associates Inc. ("LFA"), an affiliate of JovFinancial, will continue to act as investment
advisor to the Funds.
The lead manager at LFA who will be responsible for the portfolio
management of the Funds is Lyle Stein. Lyle has managed money for over
25 years, including mutual funds investing in a variety of sectors,
with emphasis on risk-adjusted returns. Lyle is a well-known Canadian
money manager and frequently appears in the media as a senior officer
About JovFinancial Solutions Inc.
JovFinancial is a leading investment fund manager and member of the
Jovian Capital Corporation group of companies. JovFinancial offers
investors a unique brand of investment products and portfolio solutions
that combine competitive fees, strong performance, renowned investment
managers and client service excellence. In its first year, JovFinancial
has grown to manage in excess of $250 million of client assets. The
line-up of quality investment products includes one of Canada's first
mutual funds that features a tactical investment approach by investing
in exchange traded funds (ETFs).
SOURCE Horizons Advantaged Equity Fund Inc.
For further information:
Grant Rush, President, JovFinancial Solutions, 1-877-273-2156 ext. 7254