Professionals' Financial - Mutual Funds Inc. announces the upcoming dissolution of Professionals' Asian Equity Fund and Professionals' European Equity Fund

MONTRÉAL, Dec. 9, 2014 /CNW Telbec/ - Professionals' Financial - Mutual Funds Inc. (the "Manager"), as investment fund manager of Professionals' Asian Equity Fund (the "Asian Equity Fund") and Professionals' European Equity Fund (the "European Equity Fund"), announces that it intends to proceed with the dissolution of the Asian Equity Fund and the European Equity Fund on or about April 30, 2015 (the "Dissolution Date").

From December 9, 2014, no new investment or additional investment in the Asian Equity Fund and the European Equity Fund will be accepted, including from current unitholders and through the periodic investment plan.

With an increasingly globalized environment, the Manager has determined to change its approach by developing a broader perspective with respect to its foreign equity investments. More emphasis is now put on selecting securities at a global level, rather than at a regional level.

Current unitholders of the Asian Equity Fund and the European Equity Fund can have their units redeemed or transfer their investments to any other mutual fund of the family of public funds of the Manager before the Dissolution Date. The unitholders are encouraged to discuss the available investment options with their financial advisor.

Unitholders will not be required to pay transfer or redemption charges in connection with the dissolution of the Asian Equity Fund and the European Equity Fund. As required by securities regulations, a notice of the dissolution has been sent to the unitholders of the Asian Equity Fund and the European Equity Fund.

About Professionals' Financial
Professionals' Financial is a corporation specializing in wealth management and preservation for professionals. Established in 1978 by the Fédération des médecins spécialistes du Québec, it includes five professional association shareholders—the Fédération des médecins spécialistes du Québec, the Association des chirurgiens dentistes du Québec, the Corporation de service de la Chambre des notaires, the Association des architectes en pratique privée du Québec and the Association québécoise des pharmaciens propriétaires. Its three partners are also professional associations—the Fédération des médecins résidents du Québec, Médecins francophones du Canada and the Ordre des administrateurs agréés du Québec. Its evolving service offering is focused on investment solutions tailored to professionals and includes financial planning and private management services. Headquartered in Montréal, Professionals' Financial also has offices in Québec City and Sherbrooke. It offers its services to professionals in Québec, Ontario and New Brunswick. Its management and professional fees are among the lowest in the industry in Canada and it holds assets under management of $2.8 billion.

SOURCE: PROFESSIONALS' FINANCIAL

François Landry, Senior Vice-President and Chief Investment Officer, Professionals' Financial - Mutual Funds Inc., 2 Complexe Desjardins, East Tower, 31st Floor, P. O. Box 1116, Montréal, Québec H5B 1C2, Telephone: [phone], Fax: [phone], [email protected], More details at www.professionalsf.com,