Recherche

Pro-Financial considers proposals from Canadian-based asset managers

OAKVILLE, ON, May 21, 2013 /CNW/ - Pro-Financial (PFAM), the management
company for the Pro-Index Funds announced that it is considering, with
the assistance of a financial adviser, several proposals from Canadian
based asset managers who share PFAM's vision and understand the
potential for enhanced index funds. PFAM is evaluating proposals which
will result in greater organizational bench strength, improved back
office services for the dealer and advisor community as well as reduced
fees for investors in its funds.

"Over the past 6 years we have seen tremendous growth and demand for
enhanced index products as advisors are increasingly seeing the
benefits of combining active and passive management " says
Pro-Financial CEO Stuart McKinnon. "To carry out our vision we plan on
aligning our mutual fund business with an established company that
brings support and economies to the Pro-Index fund family. We are
excited by the prospects ahead of us and are committed to providing
quality investment solutions to our clients."

Pro-Financial is a leader in delivering the award winning Fundamental
Indexation methodology to Canadian Investors through its Pro-Index
Funds family. This line-up of passive award winning index funds ensures
that the benefits of fundamental indexing are available to investors
through the entire Canadian distribution channel. The proposals
received envision the expansion of the product line of the Pro-Index
family of funds and bringing synergies to the cost structure while
continuing to deliver superior fund performance.