Manulife Mutual Funds announced today their intention of terminating three funds by the end of this year.

All series of the MIX AIM American Mid-Cap Growth Class and MIX Global Sector Class will stop on September 30, 2005, while all series of the Elliott & Page Asian Growth Fund will be terminated, effective December 15, 2005.

Manulife says the high cost associated with managing smaller funds is the reason the firm is disposing of them.

It adds that ehe reallocation of those resources previously reserved for the three funds will better serve the interests of investors