The Ethical Funds Co. announced today that Highstreet Asset Management Inc. will be the new manager of the Ethical Canadian Dividend Fund as of June 6.

“We were looking for a top quality, independent investment management firm to manage our high performing Ethical Canadian Dividend Fund,” said Don Rolfe, president and CEO, the Ethical Funds Com., of London, Ont.-based Highstreet. “And we believe we have found it in Highstreet Asset Management. They have a well-developed team approach to management, similar to other Ethical Funds portfolio managers and have experience with the already successful investment strategy of the Fund. We look forward to working together.”

“We are pleased to have been selected to manage the Ethical Canadian Dividend Fund and look forward to extending the Fund’ s excellent track record,” said Robert Badun, president of Highstreet. “And we are looking forward to working with the Ethical Funds sustainability team.”

The Ethical Canadian Dividend Fund aims to maximize returns primarily through a combination of dividends and capital growth from Canadian companies. The Fund follows a socially responsible approach to investing.