TORONTO, April 6 /CNW/ - Northwest & Ethical Investments L.P. ("NEILP")
today announced that effective April 13, 2009 the operational platforms of
Northwest Funds and The Ethical Funds Company will be integrated onto one
common NEILP platform. Investors will now be able to switch freely between any
of the Northwest Funds, Ethical Funds or Credential Funds managed by NEILP,
provided the fund you want to switch into is qualified for sale in your
province or territory and is available through your dealer.
On April 13, 2009 NEILP will also be moving to one common fee schedule
across all of our fund families, which means some fees applied to certain
Northwest Funds or Ethical Funds will be modified. Lump sum or pre-authorized
credit (PAC) purchases made on or after April 13, 2009 will be subject to this
new fee schedule.
For more information on the operational changes and fee schedules please
visit www.northwestfunds.com or www.ethicalfunds.com.
About Northwest & Ethical Investments L.P.
Northwest & Ethical Investments L.P. (NEILP) is a national investment
firm with over $3 billion in assets under management. In simple terms NEILP's
mission is to provide high quality, multi-brand investment solutions. The
Northwest Fund and Ethical Fund product suites provide investors with a full
range of fund management styles as well as conventional and sustainable
NEILP is owned 50% by the Provincial Credit Union Centrals and 50% by
Desjardins Group, united in their focus to strengthen and serve the
cooperative financial movement across Canada. This backing of experience and
vast resources provides economies of scale and allows NEILP to actively
support business growth in these networks as well as independent advisor
NEILP has offices in Toronto, Vancouver and Montreal.
For further information:
For further information: John Mountain, Senior Vice-President, Legal &
Compliance, Northwest & Ethical Investments L.P., (416) 594-6633,