J Zechner Associates led by Jeff Herold and Toron AMI International Asset Management headed by Arthur Heinmaa, have been appointed to serve as the sub-advisors of the Preferred Funds and Global Funds, respectively.
The Preferred Fund seeks to offer a steady flow of income primarily through investment in Canadian preferred shares, while the Global Equity Fund invests in global firms with identifiable growth prospects at an attractive valuation level.
NexGen president & CEO Laurie Munro said, "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."
Operating as a mutual fund company, NexGen concentrates on building investment products and services to meet Canadians investor requirements like more tax efficient investment opportunities and greater control over the tax treatment of their investments.
