MD Funds Management Inc. has made advisory changes to three of its mutual funds, the company announced on Thursday.

MD Dividend Fund has replaced the investment advisor for the equity portion of the fund and appointed MFC Global Asset Management, a division of Elliot and Page Limited, as investment advisor.

MD Select Fund has replaced the existing investment advisor of the large-cap Canadian equity portion of the fund, and appointed Highstreet Asset Management Inc, as investment advisor.

MD American Growth Fund has removed an investment advisor and will reallocate the fund’s assets among the remaining three advisors.