TORONTO, Jan. 31 /CNW/ - Cumberland Private Wealth Management Inc. (CPWM)
announced it is changing the investment objectives for the Cumberland Capital
Appreciation Fund in order to provide its clients with a more equity focused
This change in the Fund's fundamental investment objective is being made
as CPWM believes a dedicated capital appreciation account is appropriate for
its clients who are seeking long term capital growth. As a result, CPWM will
target a 100% equity mandate which is primarily, but not limited to North
American equity securities.
"The fundamental approach to selecting investments will continue to be
oriented to individual stock selection with a value driven strategy and style,
seeking to achieve long term capital appreciation while managing risk," notes
Peter Jackson, Portfolio Manager, CPWM.
About Cumberland Private Wealth Management Inc.
Cumberland Private Wealth Management provides discretionary investment
management services for high net worth individuals and families, and the
trusts, companies and foundations under their stewardship. The firm is
privately owned by its employees and offers a wide spectrum of investment and
wealth management expertise.
For further information:
For further information: Alexandra von Schroeter, Toronto,
firstname.lastname@example.org, (416) 413-4057; Peter Jackson, Toronto, email@example.com, (416)