OTTAWA, Oct. 28 /CNW Telbec/ - The Board of Directors of MD Physician Services Inc. and MD Growth Investments Limited today announced the creation of a separate class of MD mutual fund units/shares.
The new MD mutual fund units/shares, with the exception of the MD Money Fund, will be called "I Class" units/shares and are being created primarily to support future product initiatives by MD Physician Services Inc. The new I Class of units/shares will in no way affect the management, cost, or unitholder rights of existing investors. The future investment products utilizing the I Class units/shares are expected to be available on or about January 13, 2010.
MD Physician Services Inc., with assets under management of more than $24.8 billion as of September 24, 2009, is dedicated to serving the financial and practice needs of its Physician and family member clients through a comprehensive offering of products and services. MD Physician Services Inc. is wholly owned by CMA Holdings (2009) Incorporated. More information can be found at md.cma.ca.
SOURCE MD Physician Services Inc.
For further information: For further information: Susan Murphy, Secretary, MD Physician Services Inc., (613) 731- 8610 ext. 2330