MONTRÉAL, July 21, 2017 /CNW Telbec/ - Professionals' Financial - Mutual Funds Inc., the investment fund manager of the FDP Global Fixed Income Portfolio (the "Fund"), announces the execution of an Amended and Restated Investment Management Agreement with Manulife Asset Management (US) LLC ("Manulife US"), Manulife Asset Management (Hong Kong) Limited ("Manulife HK") and Manulife Asset Management (Europe) Limited ("Manulife Europe").
Pursuant to an Investment Management Agreement dated November 24, 2016, Manulife US and Manulife HK were responsible, since December 13, 2016, for the portfolio management of a portion of the Fund's assets, as portfolio sub-managers of the Fund. In accordance with the Amended and Restated Investment Management Agreement dated July 21, 2017, Manulife Europe is added as portfolio sub-manager of the portion of the Fund's assets sub-managed by Manulife US and Manulife HK.
Mr. Christopher Chapman will be the individual principally responsible for the investment advisory services provided to the Fund by Manulife Europe.
About Professionals' Financial
Professionals' Financial offers private management products and services, financial planning solutions, as well as a complete range of mutual funds. Established in 1978 by and for professionals, the Financial is committed to keeping its management fees among the lowest in the Canadian market. It is affiliated with the Fédération des médecins spécialistes du Québec, the Association des chirurgiens dentistes du Québec, the Corporation de service de la Chambre des notaires, the Association des architectes en pratique privée du Québec and the Association québécoise des pharmaciens propriétaires. Thanks to this affiliation, the Financial is uniquely positioned in terms of impartiality, representation of its clients' interests and market performance.
Visit the Professionals' Financial website at: www.fprofessionnels.com
SOURCE PROFESSIONALS' FINANCIAL
For further information: Source: Professionals' Financial - Mutual Funds Inc.; François Landry, Senior Vice-President and Chief Investment Officer, Professionals' Financial, 2 Complexe Desjardins, Tour de l'Est, 31st Floor, P.O. Box 1116, Montréal, Québec H5B 1C2, Telephone: 514-350-5095, Fax: 514-350-5155, [email protected]; For further information: www.fprofessionnels.com