{"id":46832,"date":"2023-06-01T14:57:10","date_gmt":"2023-06-01T18:57:10","guid":{"rendered":"https:\/\/wwwprodaz.fprofessionnels.com\/?p=46832"},"modified":"2023-06-02T10:37:12","modified_gmt":"2023-06-02T14:37:12","slug":"professionals-financial-mutual-funds-inc-announces-the-upcoming-dissolution-of-fdp-cash-management-portfolio","status":"publish","type":"post","link":"https:\/\/www.fprofessionnels.com\/en\/professionals-financial-mutual-funds-inc-announces-the-upcoming-dissolution-of-fdp-cash-management-portfolio\/","title":{"rendered":"Professionals\u2019 Financial – Mutual Funds Inc. announces the upcoming dissolution of FDP Cash Management Portfolio"},"content":{"rendered":"

Montr\u00e9al, June 1, 2023<\/strong> \u2013 Professionals\u2019 Financial – Mutual Funds Inc. (\u201cFDP<\/strong>\u201d), the investment fund manager and portfolio manager of FDP Cash Management Portfolio (the \u201cFund<\/strong>\u201d), announces that it intends to proceed with the dissolution of the Fund on or about August 31, 2023 (the \u201cDissolution Date<\/strong>\u201d).<\/p>\n

From June 1, 2023, no new investment or additional investment in the Fund will be accepted, including from current unitholders and through the periodic investment plan.<\/p>\n

As the asset level and the number of unitholders of the Fund do not meet its requirements, FDP has decided to proceed with its dissolution. This action is consistent with FDP\u2019s strategy to offer effective investment solutions targeting investor needs.<\/p>\n

Current unitholders of the Fund can have their units redeemed or transfer their investments to any other mutual fund of the family of public funds of FDP before the Dissolution Date. Unitholders are encouraged to discuss the available investment options with their financial advisor.<\/p>\n

Unitholders will not be required to pay transfer or redemption charges in connection with the dissolution of the Fund. As required by securities regulations, a notice of the dissolution has been sent to the unitholders of the Fund.<\/p>\n

About Professionals\u2019 Financial<\/strong><\/p>\n

Professionals\u2019 Financial offers private management products and services, financial planning solutions, as well as a complete range of mutual funds. Established in 1978 by and for professionals, Professionals\u2019 Financial is committed to keeping its management fees among the lowest in the Canadian market. It is affiliated with the F\u00e9d\u00e9ration des m\u00e9decins sp\u00e9cialistes du Qu\u00e9bec, the Association des chirurgiens- dentistes du Qu\u00e9bec, the Corporation de service de la Chambre des notaires, the Association des architectes en pratique priv\u00e9e du Qu\u00e9bec and the Association qu\u00e9b\u00e9coise des pharmaciens propri\u00e9taires. Thanks to this affiliation, Professionals\u2019 Financial is uniquely positioned in terms of impartiality, representation of its clients’ interests and market performance.<\/p>\n

Visit the Professionals\u2019 Financial website at: www.fprofessionnels.com\/en\/.<\/a><\/p>\n

-30-<\/span><\/p>\n

\n

Source:
\n<\/strong>Professionals\u2019 Financial – Mutual Funds Inc.<\/p>\n

Renseignements : <\/strong><\/p>\n

Mr. Fran\u00e7ois Leblanc
\nDirector, Manager of Managers and Portfolio Optimization, Investments Professionals\u2019 Financial
\n2 Complexe Desjardins
\nEast Tower \u2013 31st Floor, P. O. Box 1116 Montr\u00e9al, Qu\u00e9bec H5B 1C2
\nTelephone: 514-229-4142
\nFax: 514-350-5155
\nfleblanc@fdpgp.ca<\/a> \"\"<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Professionals\u2019 Financial – Mutual Funds Inc. (\u201cFDP\u201d), the investment fund manager and portfolio manager of FDP Cash Management Portfolio (the \u201cFund\u201d), announces that it intends to proceed with the dissolution of the Fund on or about August 31, 2023 (the \u201cDissolution Date\u201d).<\/p>\n","protected":false},"author":1047,"featured_media":45321,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1,49],"tags":[],"categorie-profession":[],"class_list":["post-46832","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-press-release"],"acf":[],"yoast_head":"\nDissolution of FDP Cash Management Portfolio<\/title>\n<meta name=\"description\" content=\"Professionals\u2019 Financial - Mutual Funds Inc. 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