Mackenzie Financial Corp. has scheduled a special meeting of unitholders to vote on the proposed merger of MSP Maxxum Trust into Mackenzie Maxxum Dividend Class, the company said Friday.

Mackenzie Maxxum Dividend Class is a mutual fund whose investment objectives and strategies are similar to those of the trust.

Full details about the proposed merger will be outlined in an information circular that will be mailed on May 11.

The meeting will be held on June 1, at Mackenzie’s head office in Toronto. If a quorum is not present at this meeting, then the meeting will be adjourned to June 15.

The merger is conditional upon the approval of unitholders of the trust and of the TSX.

IE