Unit holders approved the mergers of several funds at special meetings held Wednesday, Mackenzie Financial Corp. said.

Unit holders of each fund approved a resolution to merge the funds into other Mackenzie Investments sponsored funds.

Keystone Sceptre Canadian Large Cap Fund will merge into Mackenzie Maxxum Canadian Equity Growth Fund

Keystone Sceptre Canadian Small Cap Fund will merge into Mackenzie Ivy Enterprise Fund.

Mackenzie Putnam Global Equity Fund will merge into Mackenzie Ivy Foreign Equity Class.

All the above mergers are expected to be effective on June 5.

IE