Vancouver, May 29, 2007
Graeden Hall selected as Due Diligence Provider for Credential Managed Account

Vancouver, BC - Credential Financial Inc. and Canaccord Capital Inc., the administrator of the Credential Managed Account program, have chosen Graeden Hall Asset Management, from the asset management division of Highview Financial Group, to support their due diligence activities for the highly successful Credential Managed Account (CMA).

Graeden Hall has been selected to recommend investment managers and provide objective monitoring of managers and the overall program offering.  Graeden Hall currently supports firms with managed offerings in excess of $5 billion.  They currently provide management oversight and ongoing advice on managed assets totaling approximately $1 billion.

The principals at Graeden Hall have an impressive track record servicing the discretionary needs of high net worth clients.  “Gary Brent and Mark Barnicutt and their team at Graeden Hall are a great addition to the Credential Managed Account, adding a professionalism that will allow the product to continue its successful growth,” said Don Rolfe, President and CEO, Credential Financial Inc.

The Credential Managed Account is a top tier fee-based managed account that offers high net worth investors access to the expertise of world-class pension grade investment managers.  The program is managed by a team of professionals who handle all the details from investment manager selection, portfolio construction, and style and performance monitoring and rebalancing. 

About Graeden Hall – Graeden Hall is a professional services firm that provides clients with a focused suite of asset management services related to the design of managed asset offerings as well as outsourced solutions in the areas of investment manager search, selection & monitoring and portfolio risk management. (www.graedenhall.com)

About Credential Financial Inc. – Credential Financial Inc. is the national wealth management company owned by the Canadian credit union system.  Offering a full line up of financial products and services, Credential and its member companies (Credential Asset Management, Credential Securities Inc, Credential Direct, and Credential Insurance Services) provide top quality investment and insurance advice to investors.

For more information contact:

Jane Mitchell, Public Relations
Credential Financial Inc.
Tel: 604.714.3843 Fax: 604.714.3864 
mediarelations@credential.com