Unitholders of Investors Group Inc.’s six Investors Global Series RRSP funds and iProfile Global Equity RRSP Pool have approved the funds’ termination, effective immediately. Shares of the clone funds will be exchanged for units of the same series of underlying funds. Similarly, Ethical Funds Co. in Vancouver has terminated two RRSP clone funds, Ethical RRSP American Multi-Strategy Fund and Ethical RRSP Global Equity Fund, effective Oct. 14. Investors will receive units of the corresponding underlying funds.
More clone funds terminated
- By: Lara Hertel
- November 2, 2005 June 1, 2019
- 12:26