Professionals' Financial - Mutual Funds Inc. nominates new sub-managers and internalizes part of the management of FDP Global Fixed Income Portfolio

MONTRÉAL, Dec. 13, 2016 /CNW Telbec/ - Professionals' Financial - Mutual Funds Inc. ("FDP"), the investment fund manager of FDP Global Fixed Income Portfolio (the "Fund"), announces the execution of two portfolio sub-advisory agreements: one entered into with Amundi Canada Inc. ("Amundi Canada") and the other entered into with Manulife Asset Management (US) LLC ("Manulife US") and Manulife Asset Management (Hong Kong) Limited ("Manulife HK"). Amundi Canada intends to delegate the entirety of its management of the Fund to Amundi Smith Breeden LLC ("Amundi"). The sub-managers will be responsible for the portfolio management of part of the Fund's assets, where FDP will from now on internalize the portfolio management of the remainder of the Fund's assets. Since December 2012, the portfolio management of all of the Fund's assets was entrusted to PIMCO Canada Corp.

Mr. Kenneth J. Monaghan will be the individual principally responsible for the investment advisory services provided to the Fund by Amundi. Also, Messrs. Daniel S. Janis, III and Thomas C. Goggins will be the individuals principally responsible for the investment advisory services provided by Manulife US. Further, Mr. Kisoo Park will be the individual principally responsible for the investment advisory services provided by Manulife HK. Finally, Mr. Massimo D'Alessandro will be the individual principally responsible for the investment advisory services provided by FDP.

About Professionals' Financial
Professionals' Financial is unique in the Québec market in that it is a financial institution that was created by professionals. So it knows and understands their needs, as it has done for close to 40 years now.

Offering private management services, financial planning solutions and a complete range of mutual funds, the Financial stands out in the wealth management market for professionals, including doctors, dentists, pharmacists, notaries and architects.

Visit the Professionals' Financial website at: www.professionalsf.com

 

SOURCE PROFESSIONALS' FINANCIAL

For further information: Mr. François Landry, Vice-Chairman of the Board and Vice-president, Professionals' Financial - Mutual Funds Inc., 2 Complexe Desjardins, East Tower, 31st Floor, P. O. Box 1116, Montréal, Québec H5B 1C2, Telephone: 514-350-5095, Fax: 514-350-5155, flandry@fprofessionels.com, More details at www.professionalsf.com

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