MD Launches New Series for MDPIM Emerging Markets Equity Pool
MD Financial Management Inc. (MD) has launched multiple new series for its MD Private Investment Management Incorporated (MDPIM) Emerging Markets Equity Pool. The new series include a fee-based pool, a discount pool and an institutional pool. The MDPIM Emerging Markets Equity Pool seeks to provide long-term growth of capital by investing in a diversified portfolio of primarily emerging-market-equity securities.
Compared with developed markets, investing in emerging-market equities can provide higher growth potential. It can also bring diversification benefits, because economic downturns in one country or region can be offset by growth in another. Available in all MD channels, these new series enable more MD clients to invest in a dedicated emerging-markets equity pool with competitive fees.
MD has introduced a discount series for many of its funds. Clients can invest in these Series D funds through MD Direct Trade, MD’s discount online investment and trading platform.
“We offer our clients strong-performing funds at low cost,” said Mike Gassewitz, MD’s Executive Vice President of Member Solutions. “The MDPIM Emerging Markets Equity Pool seeks to give clients long-term growth within a diversified portfolio, to help them meet their financial goals. And the addition of Series D gives our clients investing with MD Direct Trade the opportunity to invest in MD funds that are actively managed, diversified and aim to help produce outstanding results through all market conditions.”
The MDPIM Emerging Markets Equity Pool benefits from MD’s unique approach to fund management, which is based on disciplined oversight from among the world’s best asset managers. MD manages the pool with the assistance of Grantham, Mayo, Van Otterloo & Co. LLC (GMO) and Comgest Asset Management International Ltd. CIBC Global Asset Management also advises on the pool’s currency positioning.
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 $49 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 Contact
Maria GrantLead, External Communications
Maria.Grant@cma.ca
613 809-0657