Canadian Financial Income Fund announced today that Alan Wicks and Duncan Anderson of MFC Global Investment Management (Canada) have been appointed as portfolio managers of the fund’s preferred share investments, replacing Stephen Dunn.

The fund’s portfolio management team is led by Pat McHugh, vice president and senior portfolio manager of MFC Global, and also includes Todd Parsons as manager of the fund’s corporate debt investments.

Wicks and Anderson bring extensive experience to the fund’s portfolio management team. They are responsible for managing over $50 million in preferred share assets on behalf of the Elliott & Page Dividend Fund and the Maritime Life Dividend Fund and are members of MFC Global’s Canadian Value Equity Team, which manages over $5 billion in assets.

The fund invests in a diversified and actively managed portfolio composed primarily of common shares, preferred shares, corporate debt securities and income trust units of issuers in the Canadian financial services sector.

The fund is managed by Claymore Investments, Inc.; MFG Global is the fund’s investment advisor.