MRS Group of Companies today announced the addition of the Keystone Portfolio Funds to its Keystone strategic asset allocation program.

The four funds-of-funds including: Keystone Conservative Portfolio Fund; Keystone Balanced Portfolio Fund; Keystone Balanced Growth Portfolio Fund and Keystone Growth Portfolio Fund.

Mackenzie Financial Corp. is the investment advisor to the Keystone Portfolio Funds and has retained Mercer Investment Consulting as a consultant to provide asset class and capital market input, and assistance with questionnaire design.

“Keystone has always been an ideal investment option for clients seeking the benefits of sophisticated investment programs, but without the cost or complexity,” says Andrew Dalglish, president, MRS Group. “Now, within the simplicity of a fund-of-funds structure, we’re offering a variety of best-of-breed money managers, optimal diversification, minimized risk and the assurance of a highly disciplined investment process.”

MRS says the funds provide strategic asset-allocation that applies established techniques of Modern Portfolio Theory to scientifically design efficient portfolios that provide the best return at a given level of risk. Advisors can work with their clients to determine the optimal allocation of their funds, taking the client’s time horizon, income requirements and risk tolerance into consideration.

Each of the four funds is packaged as a single fund, but comprised of as many as 16 underlying funds managed by seven Canadian money managers including Mackenzie, AGF Fund Management, AIM Trimark Investments, Beutel Goodman, Elliott & Page Mutual Funds, Franklin Templeton Investments and Saxxon Mutual Funds.

The funds are 100% RRSP eligible and available through independent financial advisors across Canada at a minimum investment of $500.

http://www.newswire.ca/en/releases/archive/December2003/18/c4513.html