MD Financial Management Inc. (MD), a company with over 55 years of experience serving Canadian physicians and their families, has announced sub-advisory changes to several of its mutual funds. These changes, effective on or around September 23, 2024, will see new investment sub-advisors appointed for specific funds.
The revised sub-advisory structure for the affected funds is as follows:
*
MD Canadian Equity Fund:
Hillsdale Investment Management Inc. and Jarislowsky, Fraser Limited*
MD Dividend Growth Fund:
Hillsdale Investment Management Inc. and 1832 Asset Management L.P.*
MDPIM Canadian Equity Pool:
Hillsdale Investment Management Inc. and Jarislowsky, Fraser Limited*
MDPIM Dividend Pool:
Hillsdale Investment Management Inc. and 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, and 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, and 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, and Columbia Management Investment Advisers, LLC.It’s important to note that these changes will not affect the funds’ investment objectives or their risk rating. For any further information, individuals can contact an MD Advisor* or call MD Client Services at 1-800-267-2332.
MD Financial Management Inc., with over $58 billion in assets under management (as of July 31, 2024), is dedicated to providing financial peace of mind to Canada’s physicians and their families, allowing them to focus on their careers and life goals.
*MD Advisor refers to an MD Management Limited Financial Consultant or Investment Advisor (in Quebec) or an MD Private Investment Counsel Portfolio Manager.
