Outstanding success of alternative assets in MD Private Investment Counsel and MD Precision Portfolios™ strengthens standalone offering
OTTAWA, June 20, 2014 /CNW/ - MD Physician Services Inc. (MD), a Canadian Medical Association (CMA)-owned financial management organization, today announced the standalone offering of two alternative investment funds:
MD Strategic Yield Fund is an income-focused fund that uses exchange-traded funds (ETFs) to provide exposure to yield-generating fixed income such as global investment-grade bonds and emerging-market bonds. It also includes equities such as preferred shares.
MD Strategic Opportunities Fund is a capital growth-focused fund that uses ETFs to provide exposure to alternative investment asset classes including global small and micro-cap equities, commodities, real estate equities and private equity.
"We're pleased to introduce MD's alternative funds on a standalone basis to all MD clients as the second half of a highly successful product launch," said Brian Peters, President and CEO of MD. "Earlier this year, we introduced these funds as part of a bundled offering in MD Precision Portfolios™. The response has been outstanding, especially through MD Private Investment Counsel with respect to asset growth to date. With this final phase of roll-out, MD continues to drive value through sophisticated solutions for our MD clients," he said.
For more information about MD alternative investments, contact your MD Advisor or call the MD Trade Centre at 1 800 267-2332.
About MD Physician Services
MD Physician Services, with more than $36 billion in assets under administration, is a wholly-owned subsidiary of the Canadian Medical Association. MD 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 services through the MD Group of companies. For a detailed list of these companies, visit mdm.cma.ca.
SOURCE: MD Physician Services Inc.
For further information: Media Contacts: Maria Grant, Communications Manager, MD Physician Services Inc., [email protected], 613-809-0657; Deborah Thompson, DT Communications, [email protected], 416-918-9551