The merger of O’Leary Canadian Equity Income Fund into O’Leary Canadian High Income Fund was completed March 26, Montreal-based O’Leary Funds Management LP said Tuesday.

As a result of the merger, which was completed on a tax-deferred basis, unitholders are receiving a special distribution derived from realized capital gains on investments as well as other realized income sources generated by the funds from January 1 through March 23.

For more information on the special distribution, click here.

In addition, unitholders of O’Leary Canadian Equity Income Fund, the merged fund, will receive 0.991234176 series A units, 1.028429009 series F units, 1.038778354 series M units, and 0.981735483 series X units of O’Leary Canadian High Income Fund in exchange for each unit of the same series of O’Leary Canadian Equity Income Fund.