MD Funds Management Inc. moves to fixed administrative fees



    OTTAWA, June 12 /CNW Telbec/ - MD Funds Management Inc., Manager of the
MD family of Funds, today announced a change to the way operating expenses are
charged to the Funds.
    Effective September 30, 2009, MD Funds Management Inc. (MDFM), will
charge a fixed administrative fee based on a percentage of assets under
management. Previously, operating expenses relating to the Funds were based on
actual costs and allocated on a pro-rata basis to each MD Fund. The new
approach makes the fees more predictable for investors while adhering to
MDFM's highly competitive pricing policy.
    The rate of the annual administrative fee for each fund is set out below.

    
    -------------------------------------------------------------------------
    MD Mutual Funds                  New Fixed Administration Fee
                                                  (%)
    -------------------------------------------------------------------------
    MD Money Fund                               .05%
    -------------------------------------------------------------------------
    MD Bond Fund                                .07%
    -------------------------------------------------------------------------
    MD Bond and Mortgage Fund                   .07%
    -------------------------------------------------------------------------
    MD Balanced Fund                            .13%
    -------------------------------------------------------------------------
    MD Dividend Fund                            .13%
    -------------------------------------------------------------------------
    MD Income and Growth Fund                   .15%
    -------------------------------------------------------------------------
    MD Equity Fund                              .15%
    -------------------------------------------------------------------------
    MD Select Fund                              .15%
    -------------------------------------------------------------------------
    MD American Value Fund                      .15%
    -------------------------------------------------------------------------
    MD American Growth Fund                     .15%
    -------------------------------------------------------------------------
    MD Growth Ltd                               .20%
    -------------------------------------------------------------------------
    MD International Value Fund                 .20%
    -------------------------------------------------------------------------
    MD International Growth Fund                .20%
    -------------------------------------------------------------------------
    

    MD Funds Management Inc. is a member of MD Financial, CMA companies, and
is wholly owned by CMA Holdings Incorporated. MD Financial, with assets under
management of more than $ 21 billion as of March 31, 2009, is dedicated to
serving the financial needs of its physician and family member clients through
a comprehensive offering of products and services. More information can be
found in the MD Funds Simplified Prospectus located on our website,
mdfinancial.cma.ca.
    %SEDAR: 00002794EF




For further information:

For further information: Wendy Hughes, Communications Manager, MD
Financial, (613) 731-8610 ext. 1620

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MD FUNDS MANAGEMENT INC.

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