Canadian Western Trust Company (CWT) and PIE Portfolio Index Evolution Corp. (PIE) Thursday announced an agreement to offer a low cost, high service account to PIE’s investors.

“CWT is excited to be working with PIE to provide financial advisors with an opportunity to utilize our self-directed platform,” says Darcy Steep, director of business development for the Ontario region of CWT. Based in Vancouver, CWT is a wholly owned subsidiary of Canadian Western Bank (TSX: CWB).

“Our self-directed products allow for a full range of investments to be held in a single consolidated account. It’s an ideal solution for independent financial advisors who are looking for more efficient ways to manage their clients’ investment portfolios,” Steep adds.

“PIE’s funds offer a tremendous opportunity for Canadian investors to access the exchange-traded fund (ETF) market within a diversified mutual fund structure,” says Krystian Urbanski, vice president of business development for PIE.

“We are thrilled to partner with Canadian Western Trust to provide this unique offering to our investors.”

Based in Vancouver, CWT is a wholly owned subsidiary of Canadian Western Bank (TSX: CWB). CWT offers self-directed registered accounts and investment account services to independent financial advisors, mortgage brokers and individuals.

PIE Portfolio Index Evolution is group of funds, which includes the Income Fund, Canadian Equity Fund, US Equity Fund, International Fund, Emerging Markets Fund and Alternative Strategies Fund. The funds are managed by Croft Financial Group Inc.

Both PIE and Croft are based in Thornhill, Ont.

IE