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Northern Rivers reveals two new funds

Date: Monday, September 10, 2007
Author: Advisor.ca

Toronto-based Northern Rivers Capital Management is expanding, with the launch of two new mutual funds.

The Northern Rivers Evolution Fund, which carries a minimum entry level of $15,000, will be managed by Hugh Cleland and Alex Ruus, two of the company's top-performing portfolio managers. The fund focuses on mid- and large-cap stocks, mostly of North American companies.

The other new fund, the Northern Rivers Conservative Growth Fund, is actually a re-launch. This version of the two-year-old fund will be RRSP-eligible and available through investment dealers. The fund is diversified by both capitalization range and economic sector.