Recent OceanRock Investments Inc. Information Circular and Upcoming Vote

August 20, 2018 – Earlier this month, many of our members and investment clients received a package of materials from OceanRock Investments Inc. (OceanRock) outlining some proposed changes to their investments in OceanRock and / or Meritas Funds. The package proposes a merger of OceanRock and / or Meritas Funds into NEI RS (Responsible Screens) Funds and is a direct result of the merger of Qtrade Canada Inc., Credential Financial Inc., and NEI to form Aviso Wealth Inc. (Aviso), which was announced December 12, 2017.

Since the merger was announced, Kindred representatives have been in discussion with Aviso leadership to learn how the new combined entity would approach investment screens applied to their portfolio of mutual funds. In particular, we have been vocal in advocating for the application of screens like those successfully employed with the Meritas Funds related to gambling, pornography, and military weapons to the go forward NEI Funds.

A link to the communication we sent out late last week to the OceanRock and / or Meritas unitholders is included below and outlines the result of Kindred’s advocacy on behalf of our members. As Kindred members, you can feel really good about the outcome of the discussions with Aviso leadership and the resulting impact they could have on the broader responsible investments market in Canada beginning with the merged funds.

For additional information, please call or visit your local branch and speak with a member of our Investment Team.

Letter to Meritas Unitholders



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