United Financial announces portfolio management changes



    TORONTO, Feb. 26 /CNW/ - United Financial Corporation today announced
portfolio management changes to 13 investment mandates in its customized
managed portfolio solutions.
    "These appointments result from our ongoing review and monitoring of our
programs and the portfolio managers and ensure that our investment mandates
continue to offer top-quality, proven managers and a diverse mix of investment
styles," said Joseph C. Canavan, Chairman and Chief Executive Officer, United
Financial.
    The manager changes, described below, are scheduled to take effect on
March 1, 2009, in the case of AllianceBernstein L.P., and on April 1, 2009 for
the other current managers.

    
    -------------------------------------------------------------------------
    Mandate                 Current managers        New managers
    -------------------------------------------------------------------------
    US Equity Value Pool    AllianceBernstein L.P.  Epoch Investment
    US Equity Value                                  Partners, Inc.
     Corporate Class
    US Equity Value
     Currency Hedged
     Corporate Class
    -------------------------------------------------------------------------
    International Equity    AllianceBernstein L.P.  Altrinsic Global
     Value Pool              and AGF International   Advisors, LLC
    International Equity     Advisors Co. Limited
     Value Corporate Class
    International Equity
     Value Currency Hedged
     Corporate Class
    -------------------------------------------------------------------------
    International Equity    AllianceBernstein L.P.  Altrinsic Global
     Diversified Pool                                Advisors, LLC and
    International Equity                             Cambridge Advisors
     Diversified Corporate                          (CI Global Holdings Inc.)
     Class
    -------------------------------------------------------------------------
    Canadian Equity Growth  Connor, Clark & Lunn    Cambridge Advisors
     Pool                    Investment Management  (CI Global Holdings Inc.)
    Canadian Equity Growth   Ltd.
     Corporate Class
    -------------------------------------------------------------------------
    Canadian Equity         Connor, Clark & Lunn    Cambridge Advisors
     Diversified Pool        Investment Management  (CI Global Holdings Inc.)
    Canadian Equity          Ltd. and Tetrem         and Tetrem Capital
     Diversified Corporate   Capital Management      Management Ltd.
     Class                   Ltd.
    -------------------------------------------------------------------------
    Institutional Managed   AllianceBernstein L.P.  Epoch Investment
     US Equity Pool                                  Partners, Inc.
    -------------------------------------------------------------------------
    

    Epoch Investment Partners, Inc. of New York manages about US$5 billion on
behalf of pension and mutual funds, endowments and foundations, and corporate
clients. The firm, led by Chief Investment Officer William Priest, a 40-year
veteran of Wall Street, specializes in value investing. A fund managed by
Epoch has won the U.S. Equity Pooled Fund category for four years in a row at
the Canadian Investment Awards.
    Altrinsic Global Advisors, based in Stamford, Connecticut, provides
global investment management to institutions and mutual funds. The firm
manages approximately C$7 billion and is led by Chief Investment Officer John
Hock, who has over 20 years of experience in international equity investing
using a value approach.
    CI Global Holdings Inc. carries on business as Cambridge Advisors of
Boston and is a subsidiary of CI Investments Inc. Cambridge is led by Alan
Radlo, Senior Vice-President, Portfolio Management, who has more than 25 years
of experience in managing Canadian, U.S. and global large and small-cap equity
portfolios.

    About United Financial Corporation

    United Financial Corporation is a Canadian investment management and
wealth planning firm. It provides customized managed portfolio solutions for
individuals, families and businesses through the Artisan Portfolios,
Institutional Managed Portfolios, Evolution Private Managed Accounts, Optima
Strategy, and Private Client Managed Portfolios programs distributed through
advisors with Assante Wealth Management. United Financial is on the Web at
www.unitedfinancial.ca.
    United Financial is a subsidiary of CI Financial Corp. (TSX: CIX), an
independent, Canadian-owned wealth management firm with approximately $77.5
billion in fee-earning assets as of January 31, 2009. CI is on the Web at
www.ci.com/cix.






For further information:

For further information: Murray Oxby, Director, Communications, (416)
681-3254

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