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O'Leary Funds announces closing of transaction with Canoe Financial MONTREAL, Feb.
2016 /CNW Telbec/ Funds Management LP ("O'Leary" or the "Manager"), the former trustee and manager of certain investment funds ("O'Leary Funds"), announces that it has completed the previously announced transaction with Canoe Financial LP ("Canoe") pursuant to which Canoe has purchased the rights to manage the O'Leary Funds from O'Leary, along with certain related assets ("Transaction"). "We would like to thank advisors and clients for their support and the confidence they have placed with us," said Kevin O'Leary, Chairman of O'Leary Funds. "Canoe is louis vuitton purses 2012 an excellent fit for O'Leary louis vuitton purses zappos investors, because they are independent and advisor focused, with a similar investment philosophy as ours and excellent performance across their group of funds. This is a great opportunity for O'Leary investors who will be well served by Canoe's award winning portfolio management team and outstanding customer service and sales groups." Upon the closing of the Transaction, Canoe has become the trustee and manager of the O'Leary Funds. Canoe has also retained Stanton Asset Management Inc., the former portfolio advisor of the O'Leary Funds, as sub advisor of the Canoe Canadian Corporate Bond Fund (formerly O'Leary Canadian Bond Yield Fund) as of closing. Certain statements contained in this news release constitute forward looking information within the meaning of Canadian securities laws. Forward looking information may relate to the future outlook of the O'Leary Funds and anticipated distributions, events or results and may include statements regarding the future financial performance of the funds. In some cases, forward looking information can be identified by terms such as "may", "will", "should", "expect", "anticipate", "believe", "intend" or other similar expressions concerning matters that are not historical facts. Actual results may louis vuitton bags germany vary from such forward looking information. About O'Leary Funds Management LP O'Leary Funds Management LP is a Canadian investment fund manager striving to provide Canadian investors with reliable and strategic income solutions. Based on its value yield investment philosophy, Canadian and global investment opportunities are louis vuitton bracelet new collection identified through a disciplined investment process. Its core principles, Income, Capital Appreciation and Capital Preservation, are driven by each client's investment objectives.
Founded in 2008, Canoe Financial is an employee owned investment management firm focused on building financial wealth for Canadians. is Canada's fastest growing independent mutual fund company and currently manages approximately $3 billion in assets across a diversified range of award winning mutual funds and private energy equity products. has expanded from its Calgary head office across Canada, including a significant presence in Toronto and offices in Vancouver, Winnipeg, Ottawa and Montreal.
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