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CU Central of Canada Desjardins Group create investment firm
TORONTO, Ontario (1/4/08)--Credit Union Central of Canada and the Desjardins Group have created an investment firm to increase the distribution of The Ethical Funds Company and Northwest Mutual Funds products. The firm will have $5.5 billion assets under management. Northwest and Ethical will be 50% owned by the Provincial Credit Union Centrals and 50% by Desjardins. Both organizations will continue to offer products under their corporate brands, and through their partner’s distribution network.


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