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ROYAL TRUST LAUNCHES FIRST CANADIAN NO LOAD FUND MANAGED BY TOP U.S. INVESTMENT EXPERT

 ROYAL TRUST LAUNCHES FIRST CANADIAN NO LOAD FUND
 MANAGED BY TOP U.S. INVESTMENT EXPERT
 TORONTO, March 16 /PRNewswire/ -- In a first for Canadian investors, Royal Trust Investment Services Inc. has signed Dr. Martin Zweig, one of the most prominent and successful mutual fund managers in the U.S., to manage a new growth fund. The Royal Trust Zweig Strategic Growth Fund will invest primarily in U.S. small capitalization stocks that Zweig believes will outperform the broader U.S. market over the next few years.
 "We wanted to secure the best talent in the world for Canadian investors," says Paul Starita, president of Royal Trust Investment Services Inc. "Anyone who made 9 percent in October 1987 when the New York Stock Exchange dropped 22 percent, is the kind of manager we want." Dr. Zweig predicted the 1987 stock market crash on PBS's Wall Street Week (where he is a regular panelist) and hedged the mutual funds under his management accordingly.
 Dr. Martin Zweig is the chairman of six major U.S. mutual funds, providing investment strategies for assets of more than US$5 billion. The Zweig Fund, the Zweig Total Return Fund, the Zweig Series Trust, the Zweig Cash Fund and the Zweig Tax-Free Fund have all been consistent performers. The Zweig Appreciation Fund was launched six months ago.
 Zweig also publishes one of the top U.S. investment newsletters (picked by Hulbert Financial Digest, a U.S. publication that studies and rates newsletter forecasters' track records, as the country's best stock picker for two years straight and one of only four newsletters to have outperformed the market over the past 11 years). Zweig has also written "Winning On Wall Street."
 "The Royal Trust Zweig Strategic Growth Fund is targeted to investors who want growth, but with manageable risk," says Starita. It will be modelled after the Zweig Appreciation Fund which invests mainly in U.S. stocks with market capitalizations of $35 million to $1.8 billion. Zweig expects these companies to outperform the general U.S. market over the next few years. Zweig maintains that lower interest rates still bode well for equities and that stock price movement is on the bullish side. "That doesn't mean the funds won't include large capitalization stocks or cash," says Starita. "The objective is growth with low risk and Zweig's market timing techniques and quantitative model will indicate the best balance."
 The fund will be available through any of the 143 Royal Trust branches across Canada. The minimum purchase is $10,000, and the management fee is 2 percent. Further information can be obtained by calling the Mutual Fund Help Line at 1-800-463-3863.
 Royal Trust group of mutual funds has more than $4 billion in assets under management and offers the largest group of no load funds in Canada.
 -0- 3/16/92
 /CONTACT: Eileen Chadnick, 416-480-7309; or Paul Starita, 416-981-6161, for Royal Trust/
 (RYL.A.) CO: Royal Trust Investment Services Inc. ST: Ontario IN: FIN SU:


AH -- NY072 -- 8444 03/16/92 16:07 EST
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Publication:PR Newswire
Date:Mar 16, 1992
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