Toronto-based Manulife Financial Corp. is moving forward with three fund mergers following securityholders’ approval.
Manulife LeadersOpportunities Portfolio, Manulife Portrait DividendGrowth & Income PortfolioClass and Manulife Portrait Growth Portfolio Class will be folded into Manulife Growth Portfolio sometime around June 2.
Although the proposed mergers, which were announced in March, are still subject to securities approval, Manulife expects they will pass.