Elliott & Page Mutual Funds announces a change in sub-advisor for its Canadian Equity Fund (Sep 23)
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For Immediate Release
September 23, 2002


Elliott & Page Mutual Funds announces a change in sub-advisor for its Canadian Equity Fund
Change ensures continuity of fund management

Toronto – Elliott & Page Limited, one of Canada's most respected mutual fund companies, announced today a change of the removal of the portfolio sub-advisor for the Elliott & Page Canadian Equity Fund (formerly known as the E&P Cabot Canadian Equity Fund). Effective immediately, MFC Global Investment Management (MFC Global), a division of Elliott & Page, will assume the portfolio management roledirect investment responsibility for the Fund, previously undertaken by Altamira Management Ltd. In her new capacity as Vice President and Senior Portfolio Manager, MFC Global, Shauna Sexsmith will continue her role as lead portfolio manager on the Fund.

"With Shauna carrying on as lead portfolio manager, we are pleased to provide the continuity of fund management excellence which this Fund’s investors have come to expect,” says Eric Grove, Vice President, Investment Funds of Manulife Financial. “The Fund’s unique growth-oriented investment approach complements our overall fund line-up which includes every major investment style.”

Ms. Sexsmith will continue to manage the Fund using a top-down approach to identify themes for the portfolio and identify trends in the business cycle. Shauna then uses a traditional, bottom-up growth-based approach to security selection, combining an evaluation of quality, valuations and quantitative analysis, all of which will emphasize this Fund's position within Elliott & Page's mutual fund lineup.

Founded in 1949, Elliott & Page Mutual FundsLimited is one of Canada’s most respected mutual fund companies. Elliott & Page Mutual FundsLimited is a wholly owned subsidiary of Manulife Financial and has offices in Toronto, Montreal, Vancouver, Waterloo, Winnipeg, Calgary and Halifax.
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For media inquiries or to arrange an interview, please contact:
Rahim Rajpar
Marketing Account Manager
Elliott & Page Mutual Funds
200 Bloor Street East
North Tower 3
Toronto, Ontario M4W 1E5
(416) 852-7570
rahim_rajpar@elliottandpage.com
www.elliottandpage.com




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