Sun Life Global Investments (Canada) Inc. (SLGI) — the mutual funds division of Toronto-based Sun Life Financial Inc. — and Mississauga, Ont.-based Excel Funds Management Inc. have announced proposed changes to the latter’s fund lineup.
SLGI and Excel are proposing that the current master declaration of trust governing Excel’s suite of funds be amended to use the terms and conditions of the master declaration of trust governing SLGI funds.
The change will occur June 18 if it receives the required unitholder approvals.