IG fund changes approved

At meetings held earlier this week, securityholders approved nine Investors Group fund mergers and changes to the investment objectives of ten Investors Group Corporate Class funds.

By Staff | June 14, 2013 | Last updated on June 14, 2013

2 min read

At meetings held earlier this week, securityholders approved nine Investors Group fund mergers and changes to the investment objectives of ten Investors Group Corporate Class funds.

The mergers are expected to provide securityholders of the merging funds with more effective portfolio management and generally broader investment mandates with more diversification which, in turn, will provide the potential for less volatility and improved long-term performance.

The mergers below are expected to occur after the close of business on June 14, 2013.

Merging Fund		Continuing Fund
Investors Japanese Equity Fund	To merge into	Investors Pan Asian Growth Fund
Investors Japanese Equity Class*	To merge into	Investors Pan Asian Growth Class*
Investors European Dividend Growth Fund	To merge into	Investors European Equity Fund

Investors Summa Global SRI^TM Fund	To merge into	Investors Global Fund
Investors Summa Global SRI^TM Class *	To merge into	Investors Global Class*
Investors Mergers & Acquisitions Fund	To merge into	Investors North American Equity Fund
Investors Mergers & Acquisitions Class*	To merge into	Investors North American Equity Class*
IG Mackenzie Universal Global Growth Class*	To merge into	IG Mackenzie Ivy Foreign Equity Class*

Investors Real Return Bond Fund	To merge into	Investors Canadian Bond Fund

*This mutual fund is a class of securities issued by Investors Group Corporate Class Inc.

Objective changes

The changes to the investment objectives of the following Investors Group Corporate Class Inc. funds will provide the flexibility to invest primarily in the units of other Investors Group funds:

Investors Canadian Equity Class
Investors Canadian Growth Class
Investors Canadian Large Cap Value Class
Investors Canadian Small Cap Class
Investors Canadian Small Cap Growth Class
Investors North American Equity Class
Investors Québec Enterprise Class
Investors Summa SRI™ Class
Investors U.S. Large Cap Value Class
Investors U.S. Opportunities Class

The proposed changes took effect on June 12, 2013.

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.

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