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TORONTO, April 8, 2014 /CNW/ - Marquest Asset Management Inc. ("Marquest"), the manager of the Marquest Group of Funds, is pleased to announce that the award winning team at Cassels Investment Management Inc. ("Cassels") will become the portfolio sub-advisor of the Marquest Monthly Pay Fund and the Marquest Monthly Pay Fund (Corporate Class) (collectively, the "Funds") effective today. Liis Palmer and Rob Cassels, Portfolio Managers at Cassels will assume the portfolio management responsibilities for the Funds, which were previously managed internally by Marquest. Ms. Palmer and Mr. Cassels have collectively over 50 years of experience in the investment industry and are the investment managers of the award winning Marquest Tax Deferred Income Fund and have been since inception. Marquest and Cassels will work closely together to ensure a seamless transition of the portfolio management of the Funds.
Marquest is the manager of the Marquest Group of Funds. Marquest provides diversified asset and wealth management for both individuals and institutional investors.
SOURCE: Marquest Asset Management Inc.
For further information: Andrew A. McKay, President, 416-777-7312