MD Financial Management Updates Risk Ratings for the MD Family of Funds and the MDPIM Pools

OTTAWA, May 29, 2017 /CNW/ - MD Financial Management Inc. (MD), owned by the Canadian Medical Association (CMA), today announced that the Fund Facts and related prospectus documents dated May 24, 2017, for the MD Family of Funds and MDPIM Pools listed below contain updated risk ratings.

Name of Fund

MD Risk Rating
Up to and Including May 23, 2017

MD Risk Rating
On or After May 24, 2017

MD Precision Balanced Income Portfolio™

Low to Medium

Low

MD Precision Conservative Portfolio™

Low to Medium

Low

MDPIM Emerging Markets Equity Pool

High

Medium to High

 

The ratings for these funds and pools have been revised using the new Canadian Securities Administrators mutual fund risk classification methodology for Fund Facts documents. The new classification methodology is consistent with the schedule amendment to National Instrument 81-102 Investment Funds, effective September 1, 2017. It standardizes terminology, categories and volatility risk descriptions.

MD clients' investment risk assessments will remain the same; the underlying risks of the MD Family of Funds and MDPIM Pools have not changed.

About MD Financial Management Inc.
Owned by the Canadian Medical Association, MD has one main goal: to help Canada's physicians achieve financial well-being.

MD has more than $45 billion in assets under administration and is dedicated to serving Canada's physicians and their families. It provides financial products and services, the MD Family of Funds and investment counselling services through the MD Group of Companies. For a detailed list of these companies, visit md.cma.ca.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed. Their values change frequently and past performance may not be repeated. To obtain a copy of the prospectus, please call your MD Advisor, or the MD Trade Centre at 1 800 267-2332. The MD Family of Funds is managed by MD Financial Management Inc., a CMA company.

SOURCE MD Financial Management

For further information: Media Contact: Victoria Savoy, Communications Specialist, MD Financial Management, MDmediainquiries@cma.ca, 613 325-4293


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890