OceanRock Strengthens its Meritas SRI Funds Managed Solutions Line-up

VANCOUVER, Oct. 1, 2013 /CNW/ - OceanRock Investments Inc. ("OceanRock") announced today that it has successfully transitioned the Canadian equity allocation of the Meritas SRI Funds managed portfolio solutions to the Meritas Monthly Dividend and Income Fund.

"This transition is part of OceanRock's ongoing efforts to provide value to our investors and offer the most compelling investment solutions. It also reinforces the strengths of our sub-adviser research and monitoring process," said Fred Pinto, CEO, OceanRock Investments Inc.

The Meritas Monthly Dividend and Income Fund is sub-advised by Jarislowsky Fraser Limited ("JFL"). This enhancement capitalizes on JFL's core capabilities of effectively providing exceptional income and capital preservation solutions to investors.

"We believe this change has the potential to enhance portfolio returns, while preserving capital," said Manmeet Bhatia, chief investment officer, OceanRock Investments Inc. "Given the current and expected moderate return environment, we believe that actively managed strategies, such as the one employed by JFL, will deliver consistent performance for our investors."

This portfolio position was previously held by the Meritas Jantzi Social Index^® Fund, which OceanRock will continue to offer as stand-alone investment. OceanRock remains confident in both the screening and security selection process for the Jantzi Social Index^®. Sustainalytics, the provider of the Jantzi Social Index^®, continues to be the primary provider of ESG screening and analysis for OceanRock.

This change takes effect immediately.

About Jarislowsky Fraser Limited

Jarislowsky Fraser Limited ("JFL") is a registered investment counseling firm, managing pension funds, endowment funds, corporate and private portfolios for clients in North America and overseas. JFL's equity style emphasizes long-term growth at a reasonable price (GARP), with a focus on large capitalization stocks. JFL believes that long-term value and earnings growth can be found by investing in companies capable of perpetuating earnings growth over the entire economic cycle. Stocks are purchased when discounted to what JFL assesses as fair value and sold when they become overvalued relative to their long-term fundamental outlook.

About OceanRock Investments Inc.

OceanRock Investments Inc. ("OceanRock") is one of Canada's fastest-growing investment management organizations, offering a full range of managed portfolio solutions and individual funds to meet the needs of individual and institutional investors. OceanRock is dedicated to offering disciplined, risk-controlled diversified investment solutions to Canadian individual and institutional investors and has a core commitment to socially responsible investing (SRI) through its Meritas SRI Funds.

OceanRock Investments Inc. is a wholly owned subsidiary of Qtrade Financial Group, a national, award-winning integrated financial services company with more than $8 billion in assets under management and administration. Since 1999, Qtrade Financial Group has provided wealth management services to the retail public and the customers of more than 180 financial institutions, including credit unions, banks, trust companies and financial planning companies, across Canada.

SOURCE: Qtrade Financial Group

Contact

Ron Cann
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Communications
Qtrade Financial Group
778.331.2056
[email protected]