McLean Budden announced today that F-Class versions of all 11 McLean Budden mutual funds are now available for investment.
F-Class mutual funds are designed for accounts where clients pay a fee to their advisor based upon assets under management. McLean Budden does not remunerate the advisor or pay trailer fees on F-Class holdings.
“McLean Budden is pleased to be able make our mutual funds available to more Canadians and further our support of the fee-based advisor in Canada through this F-Class offering,” says Roger Beauchemin, president and CEO of McLean Budden.
“With the launch of F-Class, McLean Budden Mutual Funds can now be held by clients who work with their advisors on a fee for service basis. This offering builds on our separately managed account solutions that are offered through leading full-service brokerage and investment firms.”
Toronto-based McLean Budden manages over $40 billion on behalf of institutions, individuals, pension funds and foundations.
McLean Budden launches F-Class funds
- By: IE Staff
- April 7, 2008 April 7, 2008
- 09:15