MD Financial Management Updates Risk Ratings for the MD Family of Funds and the MDPIM Pools
MD Financial Management Inc. (MD), owned by the Canadian Medical Association (CMA), today announced that the Fund Facts and related prospectus documents dated May 24, 2017, for the MD Family of Funds and MDPIM Pools listed below contain updated risk ratings.
|
Name of Fund |
MD Risk Rating Up to and Including May 23, 2017 |
MD Risk Rating On or After May 24, 2017 |
|
MD Precision Balanced Income Portfolio™ |
Low to Medium |
Low |
|
MD Precision Conservative Portfolio™ |
Low to Medium |
Low |
|
MDPIM Emerging Markets Equity Pool |
High |
Medium to High |
The ratings for these funds and pools have been revised using the new Canadian Securities Administrators mutual fund risk classification methodology for Fund Facts documents. The new classification methodology is consistent with the schedule amendment to National Instrument 81-102 Investment Funds, effective September 1, 2017. It standardizes terminology, categories and volatility risk descriptions.
MD clients’ investment risk assessments will remain the same; the underlying risks of the MD Family of Funds and MDPIM Pools have not changed.
About MD Financial Management Inc.
Owned by the Canadian Medical Association, MD has one main goal: to help Canada’s physicians achieve financial well-being.
MD has more than $45 billion in assets under administration and is dedicated to serving Canada’s physicians and their families. It 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 Contact
Victoria Savoy, Communications Specialist
MD Financial Management
MDmediainquiries@cma.ca
613 325-4293