O’Leary Funds Management LP confirmed on Thursday that O’Leary Global Income Opportunities Fund (TSX: OGO.un) will be delisted from the Toronto Stock Exchange in advance of the merger of the fund with O’Leary Global Yield Opportunities Fund, an open-ended fund.

The fund will be delisted at the close on August 3, 2010, and the merger is expected to be completed on or about August 16, 2010.

O’Leary said the merger will provide investors with enhanced liquidity and pricing by providing them with the continuous right to subscribe for additional units or redeem units on a daily basis.

IE