OTTAWA, June 19, 2013 /CNW/ - MD Physician Services Inc. (MDPSI) today
announced changes to the risk ratings of the MD Dividend Income Fund
and the MDPIM Strategic Opportunities Pool in accordance with the
required annual filing of the Simplified Prospectus and in alignment
with the approach recommended by the Fund Risk Classification Task
Force of the Investment Funds Institute of Canada. These changes will
be reflected in the Simplified Prospectus to be dated on or about June
MDPSI has changed the risk rating for MD Dividend Income Fund from
"medium" risk to "medium to high" risk, and the risk rating for MDPIM
Strategic Opportunities Pool from "medium" risk to "high" risk. The
objectives and strategies of the Funds remain unchanged.
MDPSI follows a risk classification methodology using both quantitative
and qualitative considerations, conducted on an annual basis, and based
on the annual predicted return and annual predicted volatility of the
different asset class benchmarks and their relative allocation within
each of the MD Funds, MD Precision Portfolios TM and MDPIM Pools.
About MD Physician Services
MD Physician Services, with more than $30 billion in assets under
administration, is dedicated to serving physicians and their families.
MD Physician Services provides financial products and services, the MD
family of mutual funds, private investment counselling services and
practice management products and services through the MD Group of
companies. For a detailed list of these companies, visit md.cma.ca.
SOURCE: MD Physician Services Inc.
For further information:
Sheila Beehler-Walsh, AVP, Enterprise Marketing, MD Physician Services Inc.
1 800 663-7336, ext. 1390
Cell: 613 759-2195