StrategicNova Funds Management Inc. has CDP Global Asset Management to manage its Canadian income funds.
CDP Global, based in Montreal, currently manages the StrategicNova Canadian Dividend Fund. The firm has now assumed management of:
- StategicNova Income Fund, to be renamed StrategicNova Canadian Bond Fund;
- StrategicNova Government Bond Fund, to be renamed StrategicNova Canadian Government Bond Fund; and
- StrategicNova Money Market Fund, to be renamed StrategicNova Canadian Money Market Fund.
As part of this mandate, CDP Global will be also responsible for the management of the fixed income portion of StrategicNova’s balanced funds.
Harry Knutson, chairman of StrategicNova, said: “All of our Canadian income funds will be managed by one of the strongest portfolio managers in Canada today. CDP Global Asset Management’s broad knowledge and proven experience in capital markets will benefit our investors by offering them attractive yields and stable performance on all our Canadian income funds.”
CDP Global Asset Management is member of CDP Capital. CDP Capital is the fund manager for the Caisse de dépôt et placement du Québec.