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

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.

MD Financial Management Inc. Logo (CNW Group/MD Financial Management Inc.)

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.

Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2024/16/c6972.html