Mackenzie Financial Corp. Thursday announced mergers affecting three separate funds and a sub-advisor change to another. These four funds are distributed exclusively through Quadrus Investment Services Ltd.

The merging funds are: Focused Canadian Equity Fund (CGOV) into Focused Canadian Equity Class (CGOV); International Equity Fund (Putnam) into International Equity Class (Putnam) and Global Equity Fund (Setanta) into Global Equity Class (Setanta)

The mergers are expected to occur on June 25.

U.S. Value Class (Eaton Vance) will be renamed U.S. Value Class (Putnam), and the new sub-advisor will be The Putnam Advisory Company LLC. This change is effective on June 27.