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EdgePoint Wealth Management is pleased to announce its initial success
January 7, 2009 - EdgePoint is excited about the initial progress it has made since it launched its Portfolios on November 17th, 2008. Here is some of the progress that has been made:
1. EdgePoint launched the following four Portfolios on November 17th, 2008:
- EdgePoint Canadian Portfolio
- EdgePoint Global Portfolio
- EdgePoint Canadian Growth & Income Portfolio
- EdgePoint Global Growth & Income Portfolio
2. Since launching its portfolios, EdgePoint, in its estimation, had signed dealership agreements with approximately 90% of the financial advisors in Canada to distribute its portfolios by the end of December 2008. EdgePoint appreciates the interest from its new investment partners.
3. Since launching its portfolios 7 weeks earlier and while its dealership agreements were being secured, the number of advisors that partnered with EdgePoint grew to 101 by December 31, 2008. The average investment in EdgePoint Portfolios across these partnerships was approximately $420,000 per advisor. EdgePoint appreciates the trust and confidence these advisors have placed in the company.
We look forward to building wealth for our investment partners over the long term.
EdgePoint Wealth Management is an independent employee-owned investment management firm based in Toronto, Canada that offers mutual funds, institutional and other investment products through financial advisors. Its founding members - Tye Bousada, Patrick Farmer, Robert Krembil and Geoff MacDonald - have proven track records of building wealth for those who have entrusted them with their savings.
EdgePoint thinks of its investors and their advisors as investment partners. To ensure that investment partner interests are best served, the direction of the firm is guided by investors and not by marketers. We partner with financial advisors across the country to distribute our investment products.