Mackenzie Financial Corp., manager of the Quadrus Group of Funds, announced Thursday that unitholders have approved the mergers of several Quadrus mutual funds.

WLIM Equity/Bond Fund and LLIM Balanced Strategic Growth Fund will be merged into Mackenzie Maxxum Canadian Balanced Fund. As well, GWLIM Emerging Industries Fund will be merged into GWLIM Canadian Mid Cap Fund

It is expected that the mergers will be implemented on June 27, 2003.

Quadrus Investment Services Ltd. is principal distributor of the funds.