Counsel launches Managed Yield Portfolio and introduces design enhancements
for Counsel Strategic Portfolios

TORONTO, Nov. 11 /CNW/ - Counsel Portfolio Services Inc. ("Counsel") today announced the launch of Counsel Managed Yield Portfolio.  This new tactically managed, diversified income solution is designed to provide investors with regular income and the potential for higher yields relative to traditional income investments, plus the potential for capital appreciation.

"With a broader range of income solutions, we are giving Advisors even more flexibility to manage the income needs of their clients," said Sam Febbraro, Counsel's President & CEO.

Offered under Series A, D, E, F and I, Counsel Managed Yield Portfolio will invest in a variety of fixed income securities including high yield fixed income, global fixed income, Canadian dividend equities and global real estate securities.

"Through our objective due diligence process, we have assembled a strong line-up of investment specialists for Counsel Managed Yield Portfolio to give investors a disciplined investment strategy to manage risk, generate yields and protect their capital," added Mr. Febbraro.  The investment specialists for Counsel Managed Yield Portfolio are PanAgora Asset Management Inc., TD Asset Management Inc., Mackenzie Financial Corporation, Franklin Templeton Investments, Leon Frazer & Associates Inc., and FSX Securities Canada Inc. 

Portfolio design enhancements for several Counsel Strategic Portfolios

Counsel today also announced an enhanced portfolio design and asset allocation structure for Counsel Conservative Portfolio, Counsel Balanced Portfolio, Counsel Growth Portfolio and Counsel All Equity Portfolio.

"At Counsel, we proactively review the structure and design of each Counsel Strategic Portfolio to identify new investment opportunities on behalf of Advisors and their clients," explained Mr. Febbraro.  These asset allocation adjustments are supported by the capital market assumptions research and asset class return projections provided by Ibbotson Associates Inc., a third party portfolio modeling service provider.

About Counsel Portfolio Services Inc.

Counsel Portfolio Services Inc. is a direct subsidiary of IPC Portfolio Services Inc., which is an indirect subsidiary of Investment Planning Counsel Inc.  Counsel was formed to support the partnership between Financial Advisors and their clients by providing comprehensive, objective portfolio solutions, and exclusively utilizing the strength and expertise of third-party portfolio managers.

For more information on the investment specialists noted above, please visit our website at www.counselservices.com.

About Ibbotson Associates

Ibbotson Associates is a leading independent provider of asset allocation, manager selection, and portfolio construction services. The company leverages its innovative and ground-breaking academic research to create customized investment advisory solutions that help investors meet their goals. Founded by Professor Roger Ibbotson in 1977, Ibbotson Associates is a registered investment advisor and a wholly owned subsidiary of Morningstar, Inc.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments.  Please read the prospectus before investing.  Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

For further information:

Trish Tervit,
Environics Communications
416-969-2809
[email protected]