NEO Connect Deployed by AMUR Financial Group

NEO has announced that AMUR Financial Group will utilize the NEO Connect platform to distribute its Manchester Investments Mortgage Investment Corporation (“Manchester MIC”) as a platform traded fundTM (PTFTM), the company said.

The Manchester MIC is primarily focused on residential first mortgage investments and capital preservation. NEO Connect is accessible to investors, asset managers and their dealers who want a more efficient way to invest in assets not listed on a stock exchange. The Manchester MIC PTF is now available under the symbol MIIPF. The Manchester MIC is also available on DealSquare, Canada´s first centralized platform to simplify private placements in Canada, by digitally connecting capital raisers to dealers and their investment advisor networks.

NEO Connect has experienced rapid growth within the IIROC and MFDA community since its launch in 2016, and has allowed fund providers to efficiently raise nearly USD 1 billion in assets to date.

NEO Connect currently facilitates distribution of nearly 70 PTFs from nine asset managers, which include both prospectus mutual funds and offering memorandum funds. Click here to view the full fund directory.

NEO Connect is a platform that streamlines the distribution of financial assets to investors by asset managers. Launched in May 2016, NEO Connect is accessible to investors, asset managers and dealers who want more efficient and lower cost distribution for assets not listed on a stock exchange. An initial test trade can be organized and executed within 24 hours.