Effective April 13, the operational platforms of Northwest Funds and The Ethical Funds Company will be integrated onto one common platform, Northwest & Ethical Investments L.P. said Monday.

Following the integration, investors will be able to switch freely between any of the Northwest Funds, Ethical Funds or Credential Funds managed by Northwest & Ethical, with certain geographical provisions.

On April 13, Northwest & Ethical will also be moving to one common fee schedule across all of our fund families, which means some fees applied to certain Northwest Funds or Ethical Funds will be modified. Lump sum or pre-authorized credit (PAC) purchases made on or after April 13, 2009 will be subject to this new fee schedule.

Northwest & Ethical has over $3 billion in assets under management. It is is owned 50% by the provincial Credit Union Centrals and 50% by Desjardins Group.

IE