This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:IGM's Mackenzie to distribute investment loans with B2B 2009-11-25 06:17 ET - News Release Mr. David Feather reports B2B TRUST AND MACKENZIE INVESTMENTS ENTER AN AGREEMENT TO DISTRIBUTE INVESTMENT LOANS
B2B Trust, a subsidiary of Laurentian Bank, and IGM Financial Inc.'s Mackenzie Financial Corp. have signed an agreement for the distribution of investment loans. Under the terms of this agreement, B2B Trust will offer preferred rates on investment loans to investors who purchase eligible Mackenzie mutual funds through licensed financial advisers.
"B2B Trust is thrilled to add a prestigious firm like Mackenzie Investments to our list of distribution alliances," says Francois Desjardins, president and chief executive officer of B2B Trust. "Teaming up with this high-calibre firm widens our distribution of investment loan programs and illustrates our commitment to advisers."
B2B Trust, a leading third party supplier of investment and RRSP loan programs in Canada, offers distribution alliance programs for investment loans exclusively through investment fund manufacturers like Mackenzie Investments, one of the country's leading investment management companies. This newly signed agreement with Mackenzie Investments is a significant opportunity for B2B Trust whose clients include firms across the mutual and segregated fund manufacturing sectors, as well as the mutual fund dealer community.
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