Rockwater Asset Management Inc.

Rockwater Asset Management Inc.

June 17, 2005 15:23 ET

Rockwater Asset Management Announces Administrative Change to Disciplined Leadership Funds

TORONTO, ONTARIO--(CCNMatthews - June 17, 2005) - Rockwater Asset Management Inc. (RAM) announced that KBSH Capital Management Inc. (KBSH) has become the trustee, manager, and portfolio advisor of the Disciplined Leadership Funds effective today.

The management style and the portfolio management teams of the Funds will not change as a result of this transaction. The Funds will continue to be managed with an eye to capturing opportunity and managing risk-the hallmark of the Disciplined Leadership Approach to investing.

The Funds were previously managed by RAM and received portfolio advice from the Disciplined Leadership Team, a division of RAM. As of today, RAM will continue to supervise the daily business and operation of the Funds under a sub-management agreement with KBSH. In addition, the Disciplined Leadership Team will continue to provide advice to the Funds under a sub-advisory agreement.

About RAM

Rockwater Asset Management Inc. is dedicated to serving the wealth management needs of Canadians. With its focus on investment counselling and portfolio management, RAM brings asset management expertise to the Rockwater Capital group of companies as one of its investment management subsidiaries.

Contact Information

  • Rockwater Asset Management Inc.
    Richard Wyruch
    General Counsel