MD Platinum strives for strong long-term performance and diversification from non-traditional investments typically reserved for institutional investors.
OTTAWA, March 15, 2018 /CNW/ - MD Financial Management Inc., a Canadian Medical Association (CMA)-owned wealth management organization, announces the launch of MD Platinum™, an exclusive new opportunity for clients to diversify their portfolios and grow their wealth.
MD Platinum has the potential to enhance and diversify clients' existing investment portfolios to better help them achieve their long-term financial goals. It provides access to alternative investment strategies that are typically reserved for institutional investors and have barriers to entry such as high minimum-purchase requirements.
With the introduction of its initial offering, the MD Platinum Global Private Equity Pool, MD is proud to be the first to bring institutional-level private-equity investment strategies to Canadian discretionary retail investors. The new pool offers private equity investments with a low minimum investment to MD Private Investment Counsel clients with the appropriate investment objectives, time horizons and risk tolerance.
"MD is proud to be an industry leader by introducing the MD Platinum Global Private Equity Pool," said Brian Peters, President and CEO at MD. "Private equity is a unique opportunity for our clients to potentially access attractive long-term growth, additional portfolio construction opportunities and increased portfolio diversification. At MD we are committed to helping our clients address their full range of financial goals, and the MD Platinum Global Private Equity Pool is a new and innovative way to do this."
MD has partnered with world-class private equity manager BlackRock Inc.™, which brings deep knowledge and extensive, institutional-level private equity experience.
"BlackRock is pleased to partner with MD as they start to offer private-equity alternative investments to their clients," said Mark Wiseman, Global Head of Active Equities and Chairman of BlackRock Alternative Investors. "Alternatives are now a crucial asset class for institutional investors in Canada and around the globe. It is encouraging to see that individual investors now have access to institutional-quality private equity exposure through the MD Platinum platform."
Along with moving into the private equity space, MD is pleased to announce it has joined the Institutional Limited Partners Association (ILPA), to safeguard its clients' best interests with respect to their private equity investments. Limited partners (LPs) serve as trusted stewards who direct capital into private equity investments on behalf of their beneficiaries. As such, MD is pleased to be a member of the ILPA, the only global organization dedicated to advancing the interests of LPs and their beneficiaries.
MD Platinum Global Private Equity Pool is only available for investment until April 30, 2018. For more information about MD Platinum, visit md.cma.ca/platinum, contact your MD Advisor, or call the MD Trade Centre at 1 800 267-2332.
About MD Financial Management Inc.
Owned by the Canadian Medical Association, MD has one main goal: to help Canada's physicians achieve financial well-being.
MD has more than $49 billion in assets under administration as of February 9, 2018, and is dedicated to serving Canada's physicians and their families. MD Financial Management Inc. wholly owns or has a majority interest in its seven subsidiaries (the MD Group of Companies). It provides financial products and services, is the fund manager for the MD Family of Funds and offers investment counselling services. For a detailed list of the MD Group of Companies, visit md.cma.ca.
About BlackRock Inc.
BlackRock helps investors build better financial futures. As a fiduciary to their clients, they provide the investment and technology solutions their clients need when planning for their most important goals. As of December 31, 2017, the firm managed approximately $6.288 trillion in assets on behalf of investors worldwide.
About the ILPA
The Institutional Limited Partners Association (ILPA) engages, empowers and connects limited partners (LPs) to maximize their performance on an individual, institutional and collective basis. LPs serve as trusted financial stewards who direct critical capital into private equity investments on behalf of their beneficiaries—including retirees, teachers, firefighters, police officers, universities, charities and insurance policyholders. With approximately 450 member institutions representing more than US$1 trillion of private-equity assets under management, ILPA is the only global organization dedicated exclusively to advancing the interests of LPs and their beneficiaries through best-in-class education, research, advocacy and events.
The information contained herein about the respective MD Platinum™ funds is not intended to be taken by, and should not be taken by, any individual recipient as investment advice, a recommendation to buy, hold or sell any security, or an offer to sell or a solicitation of offers to purchase any security. An offer or solicitation for an investment in any investment fund managed or sponsored by MD Financial Management will occur only through an offering memorandum and related purchase documentation, and subject to the terms and conditions contained in such documents and in such fund's operative agreements. The offering memorandum relating to any fund contains additional information about the investment objective, terms and conditions of such fund, tax information and risk disclosure that should be reviewed prior to making an investment decision regarding a fund. This presentation is qualified in its entirety by such offering memorandum, which should be read completely before making any investment. An investment in a fund would be speculative and would involve significant risks. The information and strategies presented here may not be suitable for U.S. persons (citizens, residents or green card holders) or non-residents of Canada, or for situations involving such individuals. Employees of the MD Group of Companies are not authorized to make any determination of a client's U.S. status or tax filing obligations, whether foreign or domestic. The fund is intended for individuals who qualify as accredited investors. Management fees and expenses may be associated with pooled fund investments and the use of an asset allocation service. No guarantee or representation is made that any MD private investment fund offered will achieve its investment objective. In addition, there are risks associated with investing in private investments that are not applicable to typical investments in the public equity markets. These risks include, but are not limited to, the following: private equity investments are speculative and involve a high degree of risk; an investor could lose all or a substantial amount of his or her investment; interests in private equity investments are illiquid and there is no secondary market nor is one expected to develop for interests in such investments; there are significant restrictions on transferring private equity investments; private equity investments experience volatile performance; private equity funds are often concentrated and lack diversification and regulatory oversight.
BlackRock is a registered trademark of BlackRock, Inc. © 2017 BlackRock, Inc. All Rights Reserved.
MD Platinum™ is a trademark of the Canadian Medical Association, used under licence.
SOURCE MD Financial Management
For further information: Media Contact: Katie O'Dell, Manager, External Communications, [email protected], 647 472-5857