MD Funds Management Inc. (MDFM), the manager of the MD family of mutual funds, announced today that it has launched a new fund, the MD International Value Fund, a pure international equity fund with a value investment style.
The fund will initially invest in the Brandes International Equity Fund II, a new fund managed by Brandes Investment Partners, through a fund of funds structure.
“The MD International Value Fund significantly enhances our overall offering to clients,” says Robert Hewett, CEO of MDFM. Hewett adds, “we are very pleased to be able to partner with an investment manager of Brandes’ calibre, and bring this new fund to our clients.”
Howson Tattersall Investment Counsel has been retained by MDFM as investment advisor to transact on MDFM’s behalf in the purchase and sale of units of the Brandes International Equity Fund II.
Eligible investors are limited to members of the Canadian Medical Association and their sponsored family members.