MD Financial Management Inc. announces changes to investment sub-advisors

PR Newswire
Monday, September 16, 2024 at 1:35pm UTC

MD Financial Management Inc. announces changes to investment sub-advisors

Canada NewsWire

OTTAWA, ON, Sept. 16, 2024 /CNW/ - MD Financial Management Inc. (MD) today announced sub-advisory changes to be effective on or about September 23, 2024.

The revised MD Funds sub-advisory structure as of the effective date will be:

Fund affected

Revised investment sub-advisory structure

MD Canadian Equity Fund

Hillsdale Investment Management Inc.
Jarislowsky, Fraser Limited

MD Dividend Growth Fund

Hillsdale Investment Management Inc.

1832 Asset Management L.P.

MDPIM Canadian Equity Pool

Hillsdale Investment Management Inc.
Jarislowsky, Fraser Limited

MDPIM Dividend Pool

Hillsdale Investment Management Inc.

1832 Asset Management L.P.

MD Precision Canadian Balanced Growth Fund

Hillsdale Investment Management Inc.
Jarislowsky, Fraser Limited

1832 Asset Management L.P.
Manulife Investment Management Limited
Manulife Investment Management (US) LLC
Manulife Investment Management (Hong Kong) Limited
Walter Scott & Partners Limited

MD Precision Canadian Moderate Growth Fund

Hillsdale Investment Management Inc.
1832 Asset Management L.P.

Manulife Investment Management Limited
Manulife Investment Management (US) LLC
Manulife Investment Management (Hong Kong) Limited

MD Equity Fund

Hillsdale Investment Management Inc.
Jarislowsky, Fraser Limited
Fiduciary Management Inc
Jensen Investment Management Inc
Janus Henderson Investors US LLC
Columbia Management Investment Advisers, LLC

The changes will not alter the funds' investment objectives or investment risk rating.

For more information, please contact an MD Advisor* or call MD Client Services at 1 800 267-2332.

About MD Financial Management Inc.

With more than 55 years of physician-focused experience, MD Financial Management Inc. (MD) is dedicated to providing financial peace of mind to Canada's physicians and their families, so they can enjoy what matters most to them while achieving their career and life goals. MD had more than $58 billion in assets under management as of July 31, 2024. MD Management Limited was the first of the MD Group of Companies to be founded, in 1969. MD Financial Management Inc. wholly owns MD Management Limited. For a detailed list of the MD Group of Companies, visit md.ca.

* MD Advisor refers to an MD Management Limited Financial Consultant or Investment Advisor (in Quebec) or an MD Private Investment Counsel Portfolio Manager.

SOURCE MD Financial Management Inc.