Professionals’ Financial - Mutual Funds Inc. announces a change to the management of FDP Canadian Equity Portfolio

MONTREAL, Oct. 28, 2026 (GLOBE NEWSWIRE) -- Professionals' Financial - Mutual Funds Inc. ("FDP"), which serves as the investment fund manager and portfolio adviser for the FDP Canadian Equity Portfolio (the "Fund"), has announced a significant change in its management structure. The firm has appointed Hillsdale Investment Management Inc. ("Hillsdale") as a portfolio sub-adviser for a portion of the Fund's assets. Hillsdale is anticipated to begin its investment advisory services for the Fund around November 16, 2026.

The management of the Fund's assets will now involve multiple sub-advisers, including Fidelity Investments Canada ULC, Desjardins Global Asset Management Inc., and Hillsdale. Meanwhile, FDP will retain responsibility for managing the rest of the Fund's assets internally, continuing its role as the primary portfolio adviser.

Professionals' Financial has a long history, having been established in 1978 specifically to serve professionals. The organization offers a variety of private management products, financial planning services, and a comprehensive selection of mutual funds. FDP prides itself on maintaining some of the lowest management fees in the Canadian financial market.

Furthermore, Professionals' Financial has affiliations with several prestigious organizations, including the Fédération des médecins spécialistes du Québec, the Association des chirurgiens-dentistes du Québec, the Corporation de service de la Chambre des notaires, the Association des architectes en pratique privée du Québec, and the Association québécoise des pharmaciens propriétaires. These partnerships allow Professionals' Financial to maintain a unique position that emphasizes impartiality, client representation, and strong market performance.

For more information, visit the Professionals' Financial website at: www.fprofessionnels.com/en.

Source: Professionals' Financial - Mutual Funds Inc.