TORONTO, Sept. 18 /CNW/ - Burgundy Asset Management Ltd. today announced
the results of the special meetings of unitholders held on September 17, 2007.
These special meetings were called to seek the approval of unitholders
for the proposed amendment to the Trust Agreement between RBC Dexia Investor
Services Trust and Burgundy Asset Management Ltd. for all of the Burgundy
Funds, and for the proposed changes to the investment objectives for eleven
Funds. These eleven Funds are: Burgundy American Equity Fund, Burgundy
Canadian Equity Fund, Burgundy European Equity Fund, Burgundy European
Foundation Fund, Burgundy Focus Canadian Equity Fund, Burgundy Focus Equity
RSP Fund, Burgundy Focus Japanese Equity Fund, Burgundy Foundation Trust Fund,
Burgundy Partners' Balanced RSP Fund, Burgundy Partners' Equity RSP Fund and
Burgundy Partners' Global Fund.
Unitholders have voted in favour of each of the resolutions to amend the
Trust Agreement for all Funds and to change the investment objectives of
eleven Funds. These resolutions have now passed and the changes will take
effect on or about September 18, 2007.
The amendment to the Trust Agreement and the investment objective changes
provide Burgundy with greater flexibility to respond to the needs of its
clients. Clients received materials in mid-August that included details of
Burgundy would like to thank its clients for their overwhelming and
Burgundy Asset Management is a leading investment counseling firm
providing discretionary investment management services to private individuals,
charitable foundations, endowments and pension funds. The company strives for
long term absolute returns, not short term relative performance. The company
has offices in Toronto and Montreal. You may go to www.burgundyasset.com. for
more information on Burgundy.
For further information:
For further information: Media contact: Brad Badeau, Chief Financial
Officer, (416) 869-3222, email@example.com