Bridgehouse Asset Managers, the retail trade name for Brandes Investment Partners & Co., announced a proposal on Jan. 29 to merge a number of funds. The mergers would be subject to obtaining securityholder and regulatory approvals.

The funds to be merged on or about May 3, 2019 are:

The funds to be merged on or about August 23, 2019 are:

Bridgehouse has also decided to make changes to the Sionna Canadian Balanced Fund, effective April 12, 2019. It will reduce the management fee applicable to Series A and Series F of the Fund; redesignate Series AN and FN of the Fund as Series A and F; change the distribution policy to monthly (effective May 15, 2019); enhance the investment strategies to include dividend paying companies, and change the name of the Fund to Sionna Strategic Income Fund.

Bridgehouse has also decided to expand its large investor program to provide additional fee reductions for certain qualifying investors in Lazard Global Compounders Fund.