Bridgehouse Asset Managers, the retail trade name for Brandes Investment Partners & Co., announced April 12 that it has received approval from securityholders to proceed with the following mergers, which were announced earlier this year:

No sales charges, redemption fees or other fees or commissions will be payable by securityholders of the terminating funds in connection with the mergers.“Holders of securities of each series of the terminating funds will receive securities of their respective continuing funds, determined on a series-for-series and dollar-for-dollar basis,” says Bridgehouse.

Subject to obtaining regulatory approval, the mergers of Brandes Global Balanced Fund, Sionna Monthly Income Fund and Sionna Diversified Income Fund into Sionna Canadian Balanced Fund and Sionna Canadian Small Cap Equity Fund into Sionna Opportunites Fund will be effective on or about May 3, 2019. The merger of Brandes U.S. Small Cap Equity Fund into Brandes Global Small Cap Equity Fund will be effective on or about August 23, 2019.