Guardian Group of Funds Ltd. (GGOF) announced today that the mergers of several funds occurred on June 23 after obtaining the necessary unitholder and regulatory approvals.
GGOF American Growth Fund merged into GGOF American Value Fund, which was subsequently renamed GGOF American Equity Fund Ltd.
GGOF Global Growth Fund merged into GGOF Global Value Fund, which was renamed GGOF Global Equity Fund.
GGOF Global Health Sciences Fund merged into GGOF Global Technology Fund.
GGOF RSP International Balanced Fund merged into GGOF Global Diversified Fund.
GGOF also announced today that GGOF RSP U.S. Money Market Fund and GGOF RSP Global Bond Fund amended their investment objectives by removing references to RSP eligibility.
As a result of these revised investment objectives, GGOF RSP U.S. Money Market Fund was renamed GGOF U.S. Money Market Fund and GGOF RSP Global Bond Fund was renamed GGOF Global Bond Fund.
GGOF Canadian High Yield Bond Fund also amended its investment objectives by removing references to Canadian issuers. As a result of the revised investment objectives, GGOF Canadian High Yield Bond Fund was renamed GGOF High Yield Bond Fund.
These changes were approved by the unitholders of each relevant fund at special meetings of unitholders held on June 21.
GGOF is a member of BMO Financial Group and part of the organization’s Private Client Group.