WINNIPEG, June 23, 2015 /CNW/- At a meeting held today, securityholders approved the merger of iProfileTM Money Market Pool (merging fund) into Investors Canadian Money Market Class1 (continuing fund). The approved merger is expected to occur after the close of business on June 26, 2015.
The approved merger is expected to benefit the securityholders of the merging fund as it is being merged into a substantially larger continuing fund, providing the potential for efficiencies in the management of its investment portfolio and the elimination of certain duplicate fund expenses.
This is not intended as a solicitation to purchase securities. Mutual funds are sold by prospectus only. Please read the prospectus of the mutual funds, including mutual funds in which investment may be made under the iProfile Managed Asset Program before investing. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you. Past performance may not be repeated. The Investors Group Funds are distributed across Canada by Investors Group Financial Services Inc., (in Québec, a financial services firm), and by Investors Group Securities Inc., (in Québec, 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 over 5,100 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 $148 billion in total assets under management as of May 31, 2015.
1This mutual fund is a class of securities issued by Investors Group Corporate Class Inc.TM
TMThis trademark is owned by IGM financial Inc. and licensed to its subsidiary corporations.
SOURCE Investors Group Inc.
For further information: Media contact: Ron Arnst, Media Relations, (204) 956-3364, [email protected]