Toronto-based T.E. Investment Counsel Inc. (TEIC), the manager and trustee of the Jov Prosperity Canadian Equity Fund, said Wednesday that McLean Budden Ltd. will cease to act as sub-advisor to the fund, effective October 9.
Effective October 10, Guardian Capital LP will act as sub-advisor to the fund.
McLean Budden will continue to act as sub-advisor to the Jov Prosperity U.S. Equity Fund, for which TEIC is also the manager and trustee.