Matrix Asset Management Inc.

Matrix Asset Management Inc.

July 13, 2010 16:55 ET

Matrix Asset Management Inc. Manages $2.7 Billion in Assets

HALIFAX, NOVA SCOTIA--(Marketwire - July 13, 2010) - Matrix Asset Management Inc. (TSX:MTA) ("Matrix") is pleased to announce that, as of June 30, 2010 its combined subsidiaries had a total of $2.7 billion in assets under management:

Assets under management under the current structure are as follows:  
  Institutional and high net worth: $1.5 billion    
  Retail: $1.2 billion    
  Total: $2.7 billion    

About Matrix (

Matrix (TSX:MTA) is a diversified asset and wealth management company with offices across Canada. The Company's mission is to provide a diverse array of investment choices and the best possible investment management service to Canadian investors and institutions. The company delivers its services through three main operating subsidiaries serving institutional, high net worth, and retail investors.

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