WINNIPEG, Jan. 24, 2012 /CNW/ - At meetings held yesterday, securityholders approved eight fund mergers. Each of the mergers involves funds with similar investment mandates. The mergers are intended to provide more efficient management and, in some cases, more comprehensive investment mandates, which in turn, will provide the potential for more stable long-term performance.
The mergers below are expected to occur after the close of business on February 3, 2012
Merging Fund | Continuing Fund | |
Investors Tactical Asset Allocation Fund | To merge into |
Investors Global Dividend Fund |
Investors Canadian Dividend Growth Fund | To merge into |
Investors Canadian Equity Income Fund |
Investors Summa Global Environmental LeadersTM Fund | To merge into |
Investors Summa Global SRITM Fund |
Investors Summa Global Environmental LeadersTM Class* | To merge into |
Investors Summa Global SRITM Class* |
Investors U.S. Large Cap Growth Fund | To merge into |
IG Putnam U.S. Growth Fund |
Investors U.S. Large Cap Growth Class* | To merge into |
IG Putnam U.S. Growth Class* |
Investors Retirement High Growth Portfolio | To merge into |
Alto Aggressive Canada Focus Portfolio |
Investors World Growth Portfolio | To merge into |
Alto Aggressive Portfolio |
*This mutual fund is a class of securities issued by Investors Group Corporate Class Inc.TM
The simplified prospectuses and Fund Facts for each retail series of the Merging Funds (and for Investors Summa Global SRI Class and Investors Canadian Equity Income Fund) are being revised to reflect these changes.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The Funds are distributed across Canada by Investors Group Financial Services Inc., (in Quebec, a financial services firm), and Investors Group Securities Inc. (in Quebec, a firm in financial planning.)
Investors Group, founded in 1926, is a national leader in delivering personalized financial solutions to Canadians through a network of approximately 4,600 Consultants located throughout Canada. In addition to an exclusive family of mutual funds and other investment vehicles, Investors Group offers a wide range of insurance, securities, mortgage and other financial services. Investors Group is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada's premier financial services companies with over $118 billion in total assets under management as of December 31, 2011.
Media contact:
Ron Arnst
Media Relations
(204) 956-3364
ron.arnst@investorsgroup.com
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