TORONTO, ONTARIO -- (Marketwired) -- 08/26/13 -- NexGen Financial Limited Partnership ("NexGen") is pleased to announce the launch of the NexGen Canadian Preferred Share Funds (the "Preferred Funds") and the NexGen Global Equity Funds (the "Global Funds"). J. Zechner Associates and Toron AMI International Asset Management ("Toron AMI") will act as the sub-advisors of the Preferred Funds and Global Funds, respectively.
The Canadian Preferred Funds' mandate is to pursue a steady flow of income primarily through investment in Canadian preferred shares and draws on the expertise of the J. Zechner Associates fixed income investment team, led by Jeff Herold. Mr. Herold and his team have been managing the fixed income components of multiple NexGen Funds including the preferred share allocation of NexGen's Canadian Diversified Income Fund.
The Global Equity Funds' mandate is to seek out global companies with identifiable growth prospects at an attractive valuation level. Toron AMI's investment team, led by Arthur Heinmaa, has over 10 years of experience in successfully running global portfolios in this fashion.
"We are very excited about the launch of these two new mandates and look forward to working with Toron AMI as a new sub-advisor to NexGen" said Laurie Munro, President & CEO of NexGen. "We believe pairing these two product concepts with NexGen's proprietary mutual fund structure will give advisors additional tax planning and investment opportunities for their clients."
NexGen Financial Limited Partnership is a mutual fund company and was founded to develop value added investment solutions for financial advisors and their clients. The firm is focused on the creation of innovative investment products and services that meet the needs of Canadians seeking more tax efficient investment opportunities and greater control over the tax treatment of their investments. Managed by strong investment professionals, NexGen's unique Registered and Tax-Managed Fund offerings are well positioned as attractive investment opportunities for Canadians looking to alleviate the tax costs associated with traditional investment solutions.
About J. Zechner Associates
J.Zechner Associates was founded in 1993 and manages over $2 billion for private client and institutional clients from their offices in Toronto. The firm is employs a team approach, is 100% employee owned and specializes in Canadian Fixed Income, Balanced, Equity and Specialty Equity investing.
About Toron AMI
Toron AMI is a privately held, independent investment manager and counsellor servicing private and institutional clients with $3.5 billion in assets under management. Headquartered in Toronto, the company adheres to a collaborative team investment strategy drawing on its deep expertise at managing market risk and a global perspective on selecting promising investment opportunities.
This release may contain "forward-looking statements" which reflect the current expectations of the Company. These statements reflect management's current beliefs with respect to future events and are based on information currently available to management. Forward-looking statements involve significant known and unknown risks, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements including, without limitation, those listed under the heading "Risk Factors" in the Company's Management Discussion and Analysis, which is available on the Company's website and on SEDAR at www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance or achievements could vary materially from those expressed or implied by the forward-looking statements contained in this release. Although the forward-looking statements contained in this release are based upon what the Company believes to be reasonable assumptions, the Company cannot assure investors that actual results, performance or achievements will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this release and the Company does not assume any obligation to update or revise them to reflect new events or circumstances.
NexGen Financial Limited Partnership
President and CEO
416 775 3705
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