HSBC Investment Funds (Canada) Inc. has received unitholder approval to merge each of the four HSBC LifeMap MM Portfolios into their equivalent LifeMap Portfolio, the company said Monday.

Unitholders approved the following mergers:
> HSBC LifeMap MM Moderate Conservative Portfolio into HSBC LifeMap Moderate Conservative Portfolio
> HSBC LifeMap MM Balanced Portfolio into HSBC LifeMap Balanced Portfolio
> HSBC LifeMap MM Growth Portfolio into HSBC LifeMap Growth Portfolio
> HSBC LifeMap MM Aggressive Growth Portfolio into HSBC LifeMap Aggressive Growth Portfolio

The mergers were approved by 96.48%, 99.11%, 98.81% and 93.13%, respectively, of the votes cast at the meetings of the four LifeMap MM Portfolios held on November 26.

The proposed mergers will be effective December 10.

On the effective date of the mergers, holders of Investor Series, Advisor Series, Manager Series and Institutional Series units of each HSBC LifeMap MM Portfolio will receive Investor Series, Advisor Series, Manager Series and Institutional Series units, respectively, of the equivalent HSBC LifeMap Portfolio.

Following the mergers, the HSBC LifeMap MM Portfolios will be wound up and terminated.

Unitholders in the HSBC LifeMap MM Portfolios have the right to redeem their units up to the close of business on December 9, or on the business day immediately preceding the effective date of the mergers.

IE