Pembroke changes portfolio adviser for International Growth Fund

Pembroke Private Wealth Management Ltd. announced a change in leadership for the Pembroke International Growth Fund. Starting around May 1, 2025, Pembroke Management Ltd. will take over from William Blair Investment Management LLC as the fund's portfolio adviser. The investment objectives of the fund will remain the same. It will continue to focus on long-term growth by investing in a mix of high-quality foreign companies outside the United States and Canada. Nicolas Chevalier, the Managing Partner of Pembroke Management Ltd., emphasized that this shift is meant to improve communication and align the fund's strategy with their clients' expectations. Pembroke also announced that it will stop distributing Class F Units of the fund, effective immediately. There are no Class F unitholders at this time. However, Class A Units will still be distributed, and their holders' rights will not change. This change illustrates Pembroke's commitment to serving Canadian clients effectively. The firm is dedicated to maintaining high standards in its investment practices. For more information on Pembroke and its offerings, interested parties can contact their offices in Montreal or Toronto.