Talvest Fund Management announced today it received unitholder approval for several fund mergers.

Talvest Asian RSP Fund will merge into its underlying fund, Talvest Asian Fund.

Talvest Global Resource RSP Fund will merge into its underlying fund, Talvest Global Resource Fund.

Talvest European RSP Fund will merge into its underlying fund, Talvest European Fund.

Talvest FPX Growth Fund, Talvest FPX Balanced Fund and Talvest FPX Income Fund will each merge into Talvest Canadian Asset Allocation Fund.

The announcement was made following meetings held on April 19, in Montreal where unitholders agreed to the proposed mergers.

“In each case, the merger will provide greater flexibility or efficiency in managing the respective portfolios,” said Murray Douglas, president and COO of Talvest.

All mergers are scheduled to take place on or about May 7.