NEI Investments receives securityholder approval for fund mergers

TORONTO, Aug. 31, 2015 /CNW/ - NEI Investments ("NEI") today announced that it has received securityholder approval for its proposal to merge certain mutual funds. The changes were approved by a majority of votes cast in respect of the trust funds and 66 2/3 per cent of the votes cast in respect of the corporate class funds at the special meetings of securityholders held on August 31, 2015.

The following mergers will be effective on or about September 14, 2015.

Terminating Fund

Continuing Fund

NEI Income Fund

NEI Canadian Bond Fund

NEI Northwest Specialty High Yield Bond Fund

NEI Northwest Specialty Global High Yield Bond Fund

NEI Northwest Macro Canadian Equity Fund

NEI Northwest Macro Canadian Asset Allocation Fund

NEI Northwest Macro Canadian Equity Corporate Class

NEI Northwest Macro Canadian Asset Allocation Corporate Class

NEI Select Global Balanced Portfolio

NEI Select Balanced Portfolio

NEI Select Global Growth Portfolio

NEI Select Growth Portfolio

ABOUT NEI INVESTMENTS

NEI Investments is a national investment firm with approximately $6 billion in assets under management. It offers Canadian retail investors access to experienced money managers through a wide range of investment solutions in three fund families, NEI, Northwest Funds and Ethical Funds. Its products provide investors with a full range of investment management styles as well as conventional and socially responsible investment choices.

NEI Investments is owned 50% by the Provincial Credit Union Centrals and 50% by Desjardins Group. This backing of experience and resources allows NEI Investments to actively support business growth in these networks as well as independent advisor channels.

NEI Investments has offices in Toronto, Vancouver and Montreal.

SOURCE NEI Investments

For further information: Media contact: Colin Nekolaichuk, MAVERICK Public Relations, 416-640-5525 ext. 253, colinn@wearemaverick.com


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