WINNIPEG, June 18, 2012 /CNW/ - At meetings held today, securityholders of IG FI International Equity
Fund and Class (the "Merging Funds") approved the mergers of their
Funds into IG Templeton International Equity Fund and Class (the
"Continuing Funds") respectively. Securityholders of IG Templeton
International Equity Class also approved the merger of their Fund with
IG FI International Equity Class.
These mergers are expected to result in larger Continuing Funds, which
should provide greater portfolio management and diversification
opportunities which may result in better performance and/or lower
volatility. Another benefit of the mergers is a reduction of the
annual management fees on the assets of the Continuing Funds.
The mergers are expected to occur after the close of business on June
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 4,500 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 $117 billion in
total assets under management as of May 31, 2012.
SOURCE Investors Group Inc.
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