MONTREAL, Nov. 19, 2014 /CNW Telbec/ - Professionals' Financial – Mutual Funds Inc. ("Professionals' Financial"), the investment fund manager of Professionals' Balanced Fund (the "Balanced Fund") and Professionals' American Dividend Fund (the "US Dividend Fund") announces that following an internal reorganization on November 13 last, it now has under its management the entirety of the assets of the Balanced Fund and of the US Dividend Fund. Prior to the change, the management of certain components of these funds had been entrusted to Professionals' Financial – Private Management Inc. The individual principally responsible for the investment advisory services provided by Professionals' Financial to the Balanced Fund and the US Dividend Fund is Mr. Simon Blanchard.
About Professionals' Financial
Professionals' Financial is a corporation specializing in wealth management and preservation for professionals. Established in 1978 by the Fédération des médecins spécialistes du Québec, it includes five professional association shareholders—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. Its three partners are also professional associations—the Fédération des médecins résidents du Québec, Médecins francophones du Canada and the Ordre des administrateurs agréés du Québec. Its evolving service offering is focused on investment solutions tailored to professionals and includes financial planning and private management services. Headquartered in Montréal, Professionals' Financial also has offices in Québec City and Sherbrooke. It offers its services to professionals in Québec, Ontario and New Brunswick. Its management and professional fees are among the lowest in the industry in Canada and it holds assets under management of $2.5 billion.
SOURCE: PROFESSIONALS' FINANCIAL
For further information: François Landry, Senior Vice-President and Chief Investment Officer, Professionals' Financial - Mutual Funds Inc., 2 Complexe Desjardins, East Tower, 31st Floor, P. O. Box 1116, Montréal, Québec H5B 1C2, Telephone: 514-350-5095, Fax: 514-350-5155, [email protected], More details at www.professionalsf.com