Investors have approved six fund mergers that were previously announced by Mackenzie Financial Corp. on July 15. As a result of the approvals, Mackenzie will merge six Universal funds, including five RSP clone funds, into their corresponding Capital Class versions.

Mackenzie says the mergers eliminate duplication in its fund line up and will be completed at the end of business today.

Mackenzie Universal RSP U.S. Blue Chip Fund and Mackenzie Universal U.S. Blue Chip Fund will be merged with Mackenzie Universal U.S. Blue Chip Capital Class.

Mackenzie Universal RSP U.S. Growth Leaders Fund will be merged with Mackenzie Universal U.S. Growth Leaders Capital Class.

Mackenzie Universal RSP International Stock Fund will be merged with Mackenzie Universal International Stock Capital Class.

Mackenzie Universal RSP Global Future Fund will be merged with Mackenzie Universal Global Future Capital Class.

Mackenzie Universal RSP European Opportunities Fund will be merged with Mackenzie Universal European Opportunities Capital Class.

Launched in October 2000, Mackenzie’s Capital Class is a highly tax efficient vehicle to facilitate tax-deferred switching between all Capital Class funds. In October 2003, Mackenzie introduced an added feature, making all funds within the Capital Class structure, including U.S. and global funds, 100% Canadian content for registered plans.

Under the Capital Class, taxable non- registered investors can switch between 46 funds without incurring an immediate tax liability, while registered investors can diversify globally without concern about exceeding the 30% foreign content limit or the need to rebalance their holdings.