MD Financial Management Updates Investment Strategies for Clients

MD Financial Management Inc. Changes Investment Sub-Advisors

MD Financial Management Inc. (MD) has strategically updated its sub-advisory structure in a move designed to better serve its clients, specifically Canada’s physicians. The changes come into effect soon, showcasing MD's commitment to evolving its investment strategies and improving outcomes for its investors.

Effective Date and Structure Changes

The newly revised investment sub-advisory structure will be implemented based on the outlined dates. MD aims to enhance the management of various funds while maintaining their original investment objectives and risk ratings.

Details of Affected Funds

The following funds will see changes in their advisory teams:

MD Canadian Equity Fund

The MD Canadian Equity Fund will now be managed by Hillsdale Investment Management Inc. and Jarislowsky, Fraser Limited, two firms known for their robust investment philosophies.

MD Dividend Growth Fund

Hillsdale Investment Management Inc. and 1832 Asset Management L.P. will now oversee the MD Dividend Growth Fund, promising a fresh approach to dividend investment.

MDPIM Canadian Equity Pool

New management for the MDPIM Canadian Equity Pool will also include Hillsdale Investment Management Inc. alongside Jarislowsky, Fraser Limited, aiming for enhanced returns.

MDPIM Dividend Pool

The MDPIM Dividend Pool will see similar changes, with the advisory responsibilities being handled by Hillsdale and 1832 Asset Management L.P.

MD Precision Funds

Both the MD Precision Canadian Balanced Growth Fund and the MD Precision Canadian Moderate Growth Fund will experience a notable shift with management now including multiple firms, such as Hillsdale, 1832 Asset Management, and Manulife Investment Management.

Reason Behind the Changes

These adjustments are part of MD's ongoing strategy to align itself with industry best practices and to provide clients with superior investment expertise. MD aims to continue ensuring that they remain a trusted partner for physicians looking to optimize their financial health.

Client Support and Resources

For further inquiries or guidance on these changes, MD encourages clients to connect with their MD Advisors or reach out to MD Client Services directly at 1 800 267-2332. This personalized support is emblematic of MD's dedication to its client base.

About MD Financial Management Inc.

With a strong history spanning over 55 years, MD Financial Management Inc. is committed to delivering financial wisdom specifically tailored for physicians and their families. As of recent evaluations, MD has managed over $58 billion in assets, reflecting its dedication to providing comprehensive financial solutions and peace of mind to its clients. Their founder, MD Management Limited, has set the foundation for a legacy of excellence in financial management since 1969.

Frequently Asked Questions

What changes were announced by MD Financial Management Inc.?

MD has announced updates to its investment sub-advisory structure to enhance the management of its funds.

When will the changes take effect?

The updated structure is set to be effective soon based on the announced timeline.

What types of funds will be affected?

Funds such as the MD Canadian Equity Fund, MD Dividend Growth Fund, and several others will experience management changes.

Who are the new sub-advisors for the funds?

Firms like Hillsdale Investment Management Inc. and 1832 Asset Management L.P. will be among the new sub-advisors.

How can clients find out more information?

Clients can contact their MD Advisors or reach MD Client Services at 1 800 267-2332 for more details.

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