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IFIC Welcomes New Member – Fondaction CSN

December 8, 2015

Toronto, ON – December 8, 2015 – The Investment Funds Institute of Canada (IFIC) announces that Fondaction CSN has become a member of IFIC.

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

Founded in 1996, Fondaction is a labour-sponsored fund with over $1-billion in assets collected as retirement savings from more than 128,000 shareholders. Fondaction's direct investments and those made through investment funds support the development of 850 small and medium-sized enterprises in different lines of business.

“We look forward to consulting our newest member as the industry works together to empower investors to make sound financial decisions and as we promote a strong and stable investment sector,” De Laurentiis added.

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:
Andrew Perez, Communications Specialist, Public Affairs: 416-309-2313

For more information contact:
Andrew Perez
Communications Specialist, Public Affairs
The Investment Funds Institute of Canada (IFIC)
Phone: 416-309-2313

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The Investment Funds Institute of Canada (IFIC)


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