GS+A RRSP Fund announced that its unitholders approved the proposed merger of the fund with GS+A RRSP Fund (2007) at a special meeting held Friday, June 29.

The new fund will be an open-ended, unincorporated trust managed by Gluskin Sheff + Associates Inc., the trustee and manager of GS+A RRSP Fund, with investment objectives and strategies identical to those of GS+A RRSP Fund.

Under the proposed merger, all of the assets of the GS+A RRSP Fund will be transferred to the new fund in exchange for units of the new fund and an assumption of GS+A RRSP Fund’s liabilities, and all of the outstanding units of GS+A RRSP Fund will thereafter be redeemed. In connection with such redemption, unitholders of the GS+A RRSP Fund will receive units of the new fund on a tax-deferred rollover basis.

The merger of the two funds is expected to be effective July 1, and GS+A RRSP Fund will be terminated on the same date.

Founded in 1984, Gluskin Sheff + Associates Inc. is a wealth management firms serving high net worth private clients and institutional investors.