Professionals' Financial Inc. launches two new mutual funds
MONTREAL, Nov. 1 /CNW Telbec/ - Professionals' Financial announces today the launch of the Professionals' Retirement Balanced Fund and of the Professionals' Equity World Trends Fund, two new additions to the Professionals' Financial - Mutual Funds family of funds.
Professionals' Retirement Balanced Fund
The Retirement Balanced Fund is intended for early retirees or pensioners who want to protect their assets and who seek a steady income, while maintaining an attractive long-term growth potential. The Fund invests about 65% of its assets in fixed income securities and 35% in equity securities.
Professionals' Equity World Trends Fund
The Professionals' Equity World Trends Fund seeks medium- and long-term appreciation by investing worldwide in sectors that should experience sustained and steady growth of investments and spending related to the environment, infrastructure and health care. In addition to subcontracting mandates to RCM Capital Management LLC, Fisher Asset Management, LLC and Sectoral Asset Management Inc., Professionals' Financial - Mutual Funds, as Portfolio Manager, is responsible for the execution of the investment strategy.
According to André Sirard, President and Chief Executive Officer of Professionals' Financial, "Keeping in mind our objective of offering financial solutions fully adapted to our professional clients' needs, we are pleased to introduce two new mutual funds to our family of thirteen funds. The Retirement Balanced Fund constantly secures a large portion of the portfolio to generate stable income, while the Equity World Trends Fund is an innovative thematic fund for investors seeking growth in the mid- or long-term."
About Professionals' Financial
Professionals' Financial serves the following shareholder members: 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. Members of the Fédération des médecins résidents du Québec, a partner of Professionals' Financial, also have access to the same services. Initially designed for professionals not covered by a pension plan and their family members, the Financial now offers Québec professionals private management, mutual fund and financial planning services. Its investment solutions are focused on long-term performance and capital protection, and its management and professional fees are among the lowest in Canada. Professionals' Financial has more than 8,500 clients and assets under management of close to $2 billion. It is headquartered in Montréal, with offices in Québec City and Sherbrooke.
For further information:
Source : | Professionals' Financial Inc. |
Information : |
Marie Annick Dell'Aniello, Principal Manager, Communication and Marketing Professionals' Financial Telephone: 514-350-5058 / 1-888-377-7337 Fax: 514-350-5051 [email protected] More information : www.fprofessionnels.com |
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