CIFSC Introduces New Chair

The Canadian Investment Funds Standards Committee (CIFSC) today introduced Chris Adair, General Manager of Fundata Canada Inc., as its Chair for 2007. Chris succeeds Ralf Hensel whose term as Chair ended in January.

“I am looking forward to both the opportunities and challenges that face the Committee this coming year” said Adair. “The Committee made significant progress last year under the leadership of Ralf Hensel and it is an honour to have been chosen as Chair for 2007.”

About CIFSC
CIFSC is a volunteer organization, made up of competing, yet collaborative organizations, committed to the goal of a single, objective and standardized investment fund classification system for use across Canada. Its current membership includes representatives from Canadian Life and Health Insurance Association, Cannex Financial Exchanges, FP Datagroup, Fundata Canada, FundSERV, The Globe and Mail, IFIC, Lipper and individual consultants. More information is available at www.cifsc.org.

For further information, contact:

Chris Adair
Chair of CIFSC
416-445-7445


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