CI Mutual Funds Inc. on Tuesday announced that it has completed the merger of 45 mutual funds. The mergers were approved by unitholders of the funds in meetings on August 27.

“These mergers are part of our ongoing process of streamlining our overall lineup and making our funds more efficient to operate, creating savings for their unitholders,” said Peter Anderson, CI president and CEO.

The merged funds included 15 investment pools in the Insight Program, CI’s fee-based investment solution.

To maintain their current fee structure, unitholders of the pools were issued new “Insight units” in the mutual funds.

For a complete list of the merged funds, please refer to the company’s news release.