MD Financial Management announces fund and pool enhancements to fixed income and U.S. equity mandates

May 19, 2015

MD Financial Management Inc. (MD), a Canadian Medical Association (CMA)-owned wealth management organization, today announced a proposed realignment of portfolio management responsibilities with respect to a number of fixed income and U.S. equity mandates. These changes will be presented for approval on May 20 to the MD Financial Management Inc. Board of Directors.

Asset Class Fund or Pool New Fund Portfolio Advisor
U.S. Equity MD Equity Fund Barrow, Hanley, Mewhinney & Strauss, LLC
MD American Value Fund Barrow, Hanley, Mewhinney & Strauss, LLC
MDPIM U.S. Equity Pool Barrow, Hanley, Mewhinney & Strauss, LLC
Fixed Income MD Short Term Bond Fund Manulife Asset Management Limited,
Manulife Asset Management (US) LLC and
Manulife Asset Management (Hong Kong) Limited

Franklin Templeton Investments Corp.,
Franklin Advisers, Inc.

These firms are sub-advisors to MD Private Trust Company.
MD Bond Fund Manulife Asset Management Limited,
Manulife Asset Management (US) LLC and
Manulife Asset Management (Hong Kong) Limited

Franklin Templeton Investments Corp., Franklin Advisers, Inc.

These firms are sub-advisors to MD Private Trust Company.
MDPIM Canadian Long Term Bond Pool Manulife Asset Management Limited,
Manulife Asset Management (US) LLC and
Manulife Asset Management (Hong Kong) Limited

Franklin Templeton Investments Corp.,
Franklin Advisers, Inc.
MDPIM Canadian Bond Pool Manulife Asset Management Limited,
Manulife Asset Management (US) LLC and
Manulife Asset Management (Hong Kong) Limited

Franklin Templeton Investments Corp.,
Franklin Advisers, Inc.

“These changes fully support MD’s long-standing commitment to ensure our funds and pools are best positioned to meet our physician clients’ long-term investment goals,” said Brian Peters, President and CEO of MD. “We carefully selected our new external fund advisors based on our expectations to effectively manage both risk and return in the future. We believe they will help us in the management of our funds and portfolios to deliver strong results.”

“MD’s approach to fund management utilizes a unique combination of internal and external investment expertise. Our team of portfolio managers constructs our funds with the assistance of highly skilled specialist advisors from all around the world,” said William R. Horton, Jr., Chief Investment Officer at MD. “We chose these firms after an extensive and rigorous evaluation using MD’s patent-pending fund management process. Our overall goal is to help increase the probability of clients achieving their long-term financial goals through strong risk-adjusted returns across all market regimes; that is, even when the markets are under-performing.”

For more information, contact an MD Advisor or call the MD Service Centre at 1 800 267-2332.

About MD Financial Management

Owned by the Canadian Medical Association, MD’s only business imperative is to enhance physicians’ financial outcomes by focusing on their distinctive needs and operating in their best interests.

MD Financial Management has more than $41 billion in assets under administration and is dedicated to serving Canada’s physicians and their families. MD provides financial products and services, the MD Family of Funds and investment counselling services through the MD Group of Companies. For a detailed list of these companies, visit md.cma.ca.

Media Contacts

Maria Grant
Manager, External Communications
MD Financial Management
maria.grant@cma.ca
613 809-0657

Deborah Thompson
DT Communications
deborah@dt-communications.com
416 918-9551

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