Quadrus Investment Services Ltd. today announced a number of enhancements to the Quadrus Group of Funds, including sub-advisor agreements with Kim Shannon’s Sionna Investment Managers Inc. and U.S.-based Eaton Vance Managed Investments.

“Kim Shannon is recognized as one of the top investment managers in the Canadian mutual fund industry,” said Rick Rausch, President and Chief Executive Officer, Quadrus Investment Services Ltd., in a news release. “Through her firm, Sionna Investment Managers Inc., Ms. Shannon will sub-advise on the new Quadrus Sionna Canadian Value Corporate Class Fund, providing Quadrus clients with access to a mutual fund that is composed primarily of Canadian large cap equities.”

Rausch noted that the well-respected U.S.-based Eaton Vance Managed Investments will sub-advise on the new Quadrus Eaton Vance U.S. Value Corporate Class Fund.

“Eaton Vance has an 80-year track record in the United States and is presently managing assets in excess of US$144 billion,” said Rausch. “We’re pleased to be the first Canadian firm to offer an Eaton Vance sub-advised U.S. value fund through Quadrus Group of Funds.”

Other product enhancements to Quadrus Group of Funds include:

  • a new global dividend fund from Setanta Asset Management;
  • a new U.S. value fund and a new Canadian dividend fund sub-advised by London Capital Management Ltd.; and
  • the introduction of a fixed monthly distribution option for seven existing funds that allows for a return of capital on a tax-efficient basis.
  • “These enhancements to the Quadrus Group of Funds are the most extensive introduced to the fund family to date and will provide Quadrus clients with more product options and greater choice and flexibility,” added Rausch.

    Quadrus is one of the largest mutual fund dealers in Canada with more than 3,600 registered investment representatives. Quadrus is associated with Freedom 55 Financial, a division of London Life Insurance Co., and The Great-West Life Assurance Co.

    Quadrus Group mutual funds are managed by Mackenzie Financial Corp.