OTTAWA, July 17, 2012 /CNW/ - The Board of Directors of MD Physician
Services Inc. (MDPSI) has announced realignment of fund investment
advisor responsibilities for several funds and investment pools. These
changes have been undertaken as part of MD's commitment to ensure that
the funds and pools are best positioned to meet their long-term
"We continuously seek out fund investment advisors who can deliver
best-in-class investment solutions to meet the unique needs of
physicians and their families," commented Brian Peters, President and
CEO. "The multi-manager structure we employ for these funds and pools
enables us to deliver comprehensive portfolios, which both minimize
risk and increase expected return for our clients."
The following funds and pools will be affected by these changes:
MD Equity Fund
MD Select Fund
MD American Growth Fund
MD American Value Fund
MD Private Investment Management Canadian Equity Pool
MD Private Investment Management US Equity Pool
"These realignments were made after a rigorous evaluation process, which
included detailed modeling of multiple alternative scenarios and
outcomes," said Chief Investment Officer William R. Horton, Jr., CFA.
"We are confident that these solutions improve overall performance
expectations in multiple market regimes, and over full market cycles."
About MD Physician Services Inc.
MD Physician Services Inc., with assets under administration in excess
of $28 billion as at June 30, 2012, 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:
Siobhaun Williams, 1 800 663-7336, ext. 4562.