WINNIPEG, Dec. 5, 2018 /CNW/ - IG Wealth Management announced today that the investment objective changes and mergers that required investor approval were approved at meetings held on December 4, 2018. The changes streamline IG's mutual fund offering and introduce portfolio efficiencies.
Investment objective changes
Changes to the following Funds' and Classes' investment objectives were approved by securityholders and are expected to take effect in February.
Investors Canadian Natural Resource Fund
Investors Canadian Small Cap Growth Fund
Investors Canadian Small Cap Growth Class
Investors Canadian Small Cap Class
IG Mackenzie Cundill Global Value Class
Investors Canadian Equity Class
IG Mackenzie Canadian Equity Growth Class
Investors Canadian Growth Class
Investors Canadian Large Cap Value Class
IG Putnam Low Volatility U.S. Equity Class
The following fund mergers were approved by securityholders and are expected to take effect on or about February 8, 2019.
*The changes to the investment objectives of Investors Canadian Small Cap Growth Fund are anticipated to take effect prior to the merger.
About IG Wealth Management
Founded in 1926, IG Wealth Management is a national leader in delivering personalized financial solutions to Canadians through a network of Consultants located across Canada. In addition to an exclusive family of mutual funds and other investment vehicles, IG offers a wide range of other financial services. IG Wealth Management has $155 billion in assets under management as of November 30, 2018 and 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 $86 billion in total assets under management as of November 30, 2018.
SOURCE IG Wealth Management
For further information: Media contact: Allan Hiebert, 204-956-8535, [email protected]