Mackenzie Financial Corp. today announced that investors have approved investment objective changes and mergers of various funds distributed exclusively through Quadrus Investment Services Ltd.

The proposed changes capitalize on the elimination of the foreign content limit and will be effective as of June 15.

Investors of Quadrus Canadian Specialty Corporate Class have approved a change to the investment objectives that will broaden the fund’s Canadian scope and allow it to invest primarily in equity securities of companies located within North America. The fund will be renamed Quadrus North American Equity Corporate Class.

Investors of LLIM US Growth Sectors Fund and LLIM US Equity Fund have approved a merger into LLIM Canadian Diversified Equity Fund. In conjunction with the merger, LLIM Canadian Diversified Equity Fund will amend its investment strategies to allow it to invest up to 49% of its assets in foreign securities.

Investors of GWLIM US Mid-Cap Fund have approved a merger into GWLIM Canadian Mid-Cap Fund. Investors in GWLIM Canadian Mid-Cap Fund have approved a change to the investment objectives of the fund that will allow the fund to invest primarily in publicly traded equity issues of small- to mid-capitalized Canadian and U.S. companies. The continuing fund will be renamed GWLIM North American Mid-Cap Fund.

In other changes, Quadrus Trimark Balanced Fund will be closed to new purchases effective June 26.