TORONTO, April 23, 2012 /CNW/ - GCIC Ltd. ("GCICL"), the manager of Marquis Institutional Portfolios, announces changes to the Porfolios' sub-advisory lineup.
Guardian Capital LP and Montrusco Bolton Investments Inc. have been added as sub-advisors to Marquis Institutional Canadian Equity Portfolio, replacing Greystone Managed Investments.
Epoch Investment Partners has been added as a sub-advisor for the global value mandate of Marquis Institutional Global Equity Portfolio. US equity sub-advisor Westwood Management Corp., international equity sub-advisors JP Morgan Asset Management and McKinley Capital Management and global equity sub-advisors Independent Franchise Partners and Global Thematic Partners are departing as sub-advisors to the Portfolio.
The new sub-advisors were selected by GCICL's Portfolio Solutions Oversight Committee, which is made up of investment professionals and members of the senior management team from across the organization.
No changes to the investment objectives or investment strategies of the Portfolios are being made in connection with the above sub-advisory changes.
GCICL is a subsidiary of DundeeWealth Inc. and the manager of the portfolios mentioned above. GCICL offers a wide range of wealth management solutions through financial advisors. These include the mutual funds and hedge funds of Dynamic Funds, the portfolio solutions of the Marquis Investment Program and the high net worth investment counsel of DundeeWealth Investment Counsel. DundeeWealth Inc. is a wholly-owned subsidiary of Scotiabank.
The above is for informational purposes only and is not, and under no circumstances shall be construed as an offering of the portfolios mentioned herein or any other securities or as investment advice. Investors should read the simplified prospectus of the portfolios for information about the portfolios' investment objectives, strategies and the risks associated with an investment in the portfolios before investing. Investors should discuss the suitability of the portfolios with their investment advisor before making any investment decisions.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the simplified prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
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