OTTAWA, Nov. 23, 2017 /CNW/ - MD Financial Management Inc. (MDFMI) today announced that, effective November 24, 2017, MDFMI will become the sole asset manager for the following four pools and funds:
- MDPIM Strategic Yield Pool
- MDPIM Strategic Opportunities Pool
- MD Strategic Yield Fund
- MD Strategic Opportunities Fund
Additionally, MDFMI is introducing a new Series F for MDPIM S&P/TSX Capped Composite Index Pool, MDPIM S&P 500 Index Pool, and MDPIM International Equity Index Pool. Series F for these pools will be available to clients of MD Management Limited early in 2018.
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 $45 billion in assets under administration and is dedicated to serving Canada's physicians and their families. It provides financial products and services, the MD Family of Funds and investment counselling services through the MD Group of Companies. For a detailed list of these companies, visit md.cma.ca.
Management fees and expenses may be associated with pooled fund investments and the use of an asset allocation service. Before investing, please read the prospectus of the pooled funds in which investments may be made under the asset allocation service. Pooled funds are not guaranteed. Their values change frequently and past performance may not be repeated. The MD Family of Funds is managed by MD Financial Management Inc., a CMA company.
The F series funds and pools are only available in MD Plus™ accounts. The MER for the F series funds and pools is in addition to the fees charged under the MD Plus™ Agreement, where a fee based on a percentage of your holdings is charged. MD Plus™ is a trademark of the Canadian Medical Association, used under licence.
SOURCE MD Financial Management
For further information: Media Contact: Maria Grant, Lead, External Communications, MD Financial Management, MDmediainquiries@cma.ca, 613 809-0657