FT Portfolios Canada Co. announces approval of merger

TORONTO, Feb. 20, 2013 /CNW/ - Today, at a  special  meeting  of  unitholders  of  First  Trust  Canadian  Quantitative Equity Portfolio  (formerly  known  as  TD Canadian Quantitative Research Portfolio) (the "Fund"), unitholders overwhelmingly approved the merger of the Fund into First Trust Canadian Capital Strength Portfolio (the "Merger").

As the Merger has received all necessary approvals, including regulatory approval, FT Portfolios Canada Co., as manager of the Fund, plans to complete the Merger on or around the close of business on February 22, 2013.

SOURCE: FT Portfolios Canada Co.

For further information:

please  contact  Fraser  Howell,  President  and  Chief  Financial  Officer  of  FT Portfolios Canada Co., the manager of the Fund, at 416 865-8065 or 877 622-1787.