Investors who have consolidated assets of $100,000 in particular series of Quadrus Group of Funds will be eligible for a management fee rebate applied to the purchase of additional units
The funds were developed for conservative clients and pre-retirees who seek relatively high returns but with lower risks
Portfolio Solutions Group will take over as subadvisor for several funds
Quadrus to pay clients $8 million in compensation
Fund dealer failed to provide close supervision to fund salesman who violated terms placed on him by the Nova Scotia Securities Commission
Three Quadrus funds will have new sub-advisors as of mid-May
Firm broadens mandate of Quadrus US & International Specialty Corporate Class Fund
Shannon will sub-advise on the new Quadrus Sionna Canadian Value Corporate Class Fund
Proposals include investment objective changes, mergers
Meetings for unitholders to take place on June 22
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