MD Physician Services Inc. (MD), a Canadian Medical Association (CMA)-owned wealth management organization, today announced the enhancement of MD Precision Portfolios™ with the addition of two alternative investment funds: MD Strategic Yield Fund and MD Strategic Opportunities Fund.
MD Strategic Yield Fund is an income-focused fund that invests in yield-generating fixed income and equity securities including global bonds, emerging-markets debt and preferred equities via index exchange-traded funds (ETFs).
MD Strategic Opportunities Fund is a growth-oriented fund designed to achieve long-term capital appreciation. The fund invests in equity securities including U.S., international and emerging-market small cap equities, real estate investment trusts (REITs), infrastructure and commodities via index ETFs.
"Adding alternative funds to MD Precision Portfolios is an innovative way to offer exposure to non-traditional asset classes, and another way for MD to deliver increased value to our clients." said Brian Peters, President and CEO of MD. "Because of the enthusiastic uptake of alternatives by our Private Investment Counsel clients in 2013—which far exceeded our first-year growth projections—we worked quickly to ensure physician and family member clients in our non-discretionary business could benefit as well."
"The decision to add alternatives is in line with MD’s disciplined, active management approach which keeps a long-term view focussed on the investment horizon while taking advantage of short-term tactical opportunities," said William R. Horton, Jr., Chief Investment Officer at MD. "It is another way we continue to provide our clients with the sophisticated and forward-thinking investment guidance they expect from MD."
For more information about MD alternative investments, contact your MD Advisor or call the MD Trade Centre at 1 800 267-2332.
About MD Precision Portfolios™
MD Precision Portfolios is an enhanced and industry-leading asset allocation strategy with total assets under management of more than $1.38 billion.
About MD Physician Services
MD Physician Services, with more than $35 billion in assets under administration, is a wholly-owned subsidiary of the Canadian Medical Association. MD is dedicated to serving physicians and their families. MD Physician Services provides financial products and services, the MD family of mutual funds, private investment counselling services and practice management services through the MD Group of companies. For a detailed list of these companies, visit mdm.cma.ca.
Communications Manager, MD Physician Services Inc.