Caldwell Investment Management Ltd.

June 21, 2010 15:19 ET

Caldwell Meisels Canada Fund

TORONTO, ONTARIO--(Marketwire - June 21, 2010) - Caldwell Investment Management Ltd. ("CIM") is pleased to announce that the name of the Caldwell Canada Fund was changed last week to the Caldwell Meisels Canada Fund.

The name change follows the recent hiring of prominent technical analyst, Ron Meisels, President of Phases & Cycles Inc., as a consultant to the Fund. Approval for the name change was received from the Ontario Securities Commission this week. The Fund is available for sale in Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Yukon, Nunavut and the Northwest Territories.

Mr. Meisels was ranked among the top three technical analysts by Canadian institutions for six consecutive years (Brendan Wood survey). He is frequently quoted in the business press, and is often seen on television and provides a weekly column to the Globe & Mail called "What the Charts Say."

The Fund's investment objectives of long-term capital appreciation will not change, but decisions about sector weightings and the selection of securities will be assisted by research provided by Mr. Meisels and his team. Securities will be chosen from a universe of the 100 largest Canadian companies by market capitalization. The Fund will also be permitted to actively manage the cash balance, write covered calls and buy index bear ETFs when market conditions warrant.

  Front End   Deferred
Fund codes: CWF 104   CWF 004
Sales Fee: Up to 5 % Declining to 0% after 7 years
Asset Class: Large Cap Canadian Equity  
Management Expense Ratio (MER): 2.8 %
Management Fee: 2.0 %
Trailer Fees:                        1 % 0.5 %

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Inception Date: June, 1997. Principal Distributor: Caldwell Securities Ltd.

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