Mackenzie Investments announced on Jan. 22 that investors have approved a number of mergers to simplify the Quadrus Group of Funds offering.
The funds will be merged as follows:
Existing Fund (terminating) |
To be merged into (continuing Fund) |
Real Return Bond Fund (Portico) |
Core Bond Fund (Portico) |
Canadian Equity Class |
Canadian Dividend Class (Laketon) |
U.S. and International Equity Class |
Global All Cap Equity Class (Setanta) |
U.S. and International Specialty Class |
Global All Cap Equity Class (Setanta) |
U.S. Value Fund (London Capital) |
U.S. Value Fund (Putnam) |
These mergers will be implemented on or about February 8, 2019.
The following proposed mergers did not receive investor approval to proceed:
Proposed terminating fund |
Proposed continuing fund |
Short Term Bond Fund (Portico) |
Money Market Fund |
North American Specialty Class |
Mackenzie U.S. Mid Cap Growth Class |