Invesco receives approval to terminate Emerging Markets Debt FundBy The IJ Staff | July 25 2017 11:30AM
Invesco Canada has received Canadian unitholder approval for the merger of Invesco Emerging Markets Debt Fund into Invesco Global Bond Fund, announced the company July 24.
The merger proposal was initially announced May 25. Unitholders approved the merger and termination at a special meeting held in Toronto. The merger and termination are effective in Canada only.
Effective July 28
The merger will be effective July 28. Assets held in most series of the Invesco Emerging Markets Debt Fund will be transferred to the corresponding series of the Invesco Global Bond Fund. The exceptions are Series D and Series PTFU, which will be terminated immediately prior to the merger.