Mackenzie Financial Corp. announced Wednesday that previously proposed fund mergers have now been completed:
- Mackenzie Universal Americas Fund into Mackenzie Universal Select Managers USA Capital Class;
- Mackenzie Universal Global Ethics Fund into Mackenzie Universal Global Ethics Capital Class;
- Mackenzie Universal Internet Technologies Fund into Mackenzie Universal Internet Technologies Capital Class;
- Mackenzie Universal Japan Fund into Mackenzie Universal Select Managers Japan Capital Class;
- Mackenzie Universal World Real Estate Fund into Mackenzie Universal World Real Estate Capital Class;
- Mackenzie Universal World Resource Fund into Mackenzie Universal World Resource Capital Class;
- Mackenzie Universal World Value Fund into Mackenzie Universal Diversified Equity Capital Class;
- Mackenzie Universal Communications Fund, Mackenzie Universal World Science & Technology Fund and Mackenzie Universal Communications Capital Class into Mackenzie Universal World Science & Technology Capital Class; and
- Mackenzie Universal RSP Communications Fund into Mackenzie Universal RSP World Science & Technology Fund.
Investors also approved the proposed changes in investment objectives of Mackenzie Universal RSP Global Ethics Fund, Mackenzie Universal RSP Internet Technologies Fund, Mackenzie Universal RSP World Science & Technology Fund and Mackenzie Universal Internet Technologies Capital Class
Concurrent with the change of investment object of Mackenzie Universal Internet Technologies Capital Class, that fund changed its name to Mackenzie Universal Emerging Technologies Capital Class on May 24, 2002. On the same day, Mackenzie Universal RSP Internet Technologies Fund changed its name to Mackenzie Universal RSP Emerging Technologies Fund.
Finally, the previously announced proposed merger of MAXXUM Income Fund into Mackenzie Bond Fund has been postponed.
The previously announced proposed merger of Scudder Canadian Bond Fund and Mackenzie Bond Fund will proceed, subject to investor and regulatory approval.