Manulife Investments, a division of Toronto-based Manulife Asset Management Ltd., announced several proposed changes to its mutual fund lineup on Monday resulting from the integration of Standard Life PLC’s Canadian operations, which Manulife Financial Corp. acquired earlier this year, into Manulife’s business.

The changes include the amalgamation of the existing Standard Life and Manulife mutual fund corporations; changing the investment objectives of some funds; changing the subadvisors and portfolio managers of certain funds; capping certain funds to new purchases; and implementing multiple fund mergers.

The proposed amalgamation of Standard Life Corporate Class Inc. and Manulife Investment Exchange Funds Corp. would take place on or about Nov. 21 if the move receives all necessary approvals. The amalgamation would allow for tax-deferred switching between Standard Life corporate funds and Manulife corporate funds and tax-deferred mergers between these funds, according to Manulife Investments’ announcement.

The firm also announced new investment objectives for the following funds: Manulife U.S. Opportunities Class, Manulife Value Fund, Standard Life Emerging Markets Dividend Fund and Standard Life Emerging Markets Dividend Class. The changes would be in effect on or about Jan. 4, 2016 if approved by securityholders.

Some funds are being capped to new purchases as of Jan. 22, 2016. These include Standard Life U.S. Dividend Growth Fund, Manulife Global All Cap Focused Fund and Manulife International Focused Fund. Manulife Investments notes that purchases made through existing pre-authorized chequing plans, dollar-cost averaging plans and switches-in from the Manulife Dollar-Cost Averaging Fund are excluded.

Manulife Investments is also planning on changing the subadvisory and portfolio manager responsibilities of 11 funds, which will be effective on or about Jan. 4, 2016.

Lastly, the firm has also announced a lengthy list of proposed fund mergers, pending required regulatory and securityholder approvals. This move is an effort to create a “best of the best” mutual fund lineup, says Derek Saliba, assistant vice president, mutual fund product at Manulife Investments, in a statement.

“These changes would achieve our objective of streamlining our mutual fund lineup, which is managed by seasoned portfolio management teams, while minimizing the impact to our investors,” he says. “The majority of the proposed mergers will also be completed on a tax-deferred basis where the management fees investors pay will remain the same and, in many cases, will decrease.”

More information regarding all of these changes, including the new subadvisory and portfolio manager responsibilities for certain funds and a list of the proposed fund mergers as well as details concerning those mergers, can be found in Manulife Investments’ announcement.