McElvaine Investment Management Ltd. today announced the launch of two new advisor series for the company’s flagship fund, McElvaine Investment Trust.

Under the new multi-series structure, series A units offer a modest base trailer fee of 0.3%, with a 25% share of performance fees generated by the trust.

Series F units offer no advisor compensation and are an industry standard F-class offering.

Units of trust held at Dec. 31, 2007 were re-named series B and remain available for purchase directly from McElvaine Investment.

Commenting on the advisor compensation for the series A units, Tim McElvaine President of MIML, stated, “I believe this structure aligns all of our interests with our clients’ interests. If we perform poorly, our investors pay lower fees. If we do well, then everyone benefits, including the financial advisor.”

McElvaine Investment is a Vancouver-based portfolio manager with assets under management of approximately $177 million. Tim McElvaine has managed The McElvaine Investment Trust since its inception in September 1996.