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IFIC Welcomes New Member and New Affiliate

September 4, 2014

Toronto, ON – September 4, 2014 – The Investment Funds Institute of Canada (IFIC) announces that Questrade Wealth Management Inc. has become a member of IFIC, and Northern Trust Company, Canada has joined as an affiliate, effective today.

“On behalf of our board and membership, I am pleased to welcome Questrade Wealth Management and Northern Trust Company,” said Joanne De Laurentiis, president and CEO. “IFIC provides a forum for industry participants to work together to effectively serve investors’ needs. Each new member and affiliate broadens our understanding of industry concerns, and strengthens our ability to represent the full spectrum of industry and investor interests.”

Questrade is an independent online discount broker operating across Canada, and is registered as an investment dealer with IIROC.

Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, fiduciary and banking solutions to corporations, institutions and affluent individuals.

“We look forward to the input of these two companies as the industry works together to empower investors to make sound financial decisions and to promote a strong and stable investment sector,” De Laurentiis added.

IFIC members are fund managers or investment dealers. Affiliates are non-manager, non-distributor industry participants who provide services to managers and dealers in areas such as technology, asset and fund administration, fiduciary services, technology legal and accounting services.

About IFIC

The Investment Funds Institute of Canada is the voice of Canada’s investment funds industry. IFIC brings together 150 organizations, including fund managers, distributors and industry service organizations, to foster a strong, stable investment sector where investors can realize their financial goals. By connecting Canada’s savers to Canada’s economy, our industry contributes significantly to Canadian economic growth and job creation. The organization is proud to have served Canada’s mutual funds industry and its investors for more than 50 years.

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For more information contact:
Sara Clodman
Senior Manager, Public Affairs
The Investment Funds Institute of Canada (IFIC)
Phone: 416-309-2317

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