Attention Mutual Fund Investors
On June 1st, 2009 PACE is converting it’s back office from Worldsource to Credential Asset Management
Over the next few months, our team at PACE Credit Union will be making some changes concerning our current mutual funds account dealer, Worldsource.
We have recently chosen to partner with a new mutual fund dealer, Credential Asset Management Inc. (“CAM”). This means that your mutual fund accounts with Worldsource will be transferred to our new provider, CAM, by June 1, 2009.
Please note: Your investments will not change and you will not face any additional fees as a result of this transition.
Reasons for the change
When choosing our new mutual fund dealer, we sought a long-term partner who specializes in fulfilling the needs of credit union members and provides increased support to PACE Credit Union and our team in a complex world of regulations, advice and product selection.
CAM is a wholly-owned subsidiary of Credential Financial Inc., a national wealth management provider founded by the Canadian credit union system. Credential works with over 400 credit unions across Canada and administers assets in excess of $10 Billion for credit union members. We are confident that Credential meets these requirements and will be a great fit for our members. To learn more about Credential, please visit www.credential.com.
Your co-operation is required
We have prepared a package of documents that requires your signature. To make this as convenient for you as possible, please call your mutual fund representative (Tammy Ng @ 905.477.4311) or visit your branch and speak to your mutual fund representative.
Your representative will be able to explain the process in more detail, answer any questions you may have and help you complete the forms. Without these documents, regulations mandated by the Mutual Fund Dealers Association (www.mfda.ca) will prevent us from being able to service your account after June 1st, 2009. We appreciate your co-operation in completing this process promptly.
We are excited about our new partnership with CAM and look forward to continuing to work with you to achieve your financial goals.
Yours truly,
Dan Coldwell CFP
Vice President, Business Development
Forms 
Indivual Forms
