Manulife Mutual Funds has announced two changes to the 2005 simplified prospectus renewal effective August 19.

The first change is the appointment of Mawer Investment Management Ltd. as sub-advisor to the E&P Manulife Tax-Managed Growth Fund. The selection of Mawer as a sub-advisor for the fund follows an extensive manager search for an asset management firm with a proven track record in managing tax efficient assets for Canadian investors.

Mawer Investment Management Limited, headquartered in Calgary, manages investment portfolios for individuals and institutions through segregated and pooled approaches. Total assets under management are approximately $2.7 billion.

“This change reflects our continuing efforts to enhance our productline-up and provide investment solutions for both registered and non-registered investors,” said Rick Annaert, vice president, investment products, in a release. “We believe Mawer’s expertise in tax efficient asset management will enhance our investment line-up and benefit unitholders in the fund over the long term.”

A second change to the prospectus reflects the launch of Elliott & Page Core Canadian Equity Fund. The fund is managed by Pat McHugh, vice president and senior portfolio manager for MFC Global Investment Management.

McHugh has over 20 years of experience and is responsible for managing MFC Global’s Canadian large cap core mandates.

“We are pleased to make this new fund available as it enhances our comprehensive line-up of Canadian equity funds,” Annaert said.