Investors Group will convene meetings for unitholders of its Global Series RSP Funds and the iProfile Global Equity RSP Pool seeking approval for their wind up in the wake of the recent elimination of the foreign content limits.

Unitholders of the six Investors Global Series RSP-Funds and of the iProfile Global Equity RSP Pool will meet on Wednesday, September 21, in Winnipeg. Upon unitholder approval, the Global Series RSP Funds are expected to be terminated on or before September 30.

When each RSP Fund is terminated, its units will be cancelled and unitholders will receive units of the RSP Fund’s corresponding foreign equity fund equal in value to their investment in the RSP Fund immediately prior to its termination.

Similarly, upon unitholder approval, the iProfile Global Equity RSP Pool is also expected to be terminated on or before September 30. The RSP Pool is part of Investors Group’s $500 million iProfile, Managed Asset Program for clients with high net worth.

When the RSP Pool is terminated, its units will be cancelled and unitholders will receive units of the iProfile U.S. Equity Pool and iProfile International Equity Pool of equal value (in aggregate) to their investment in the RSP Pool immediately prior to its termination.