Manulife Mutual Funds has received securityholder and regulatory approval to merge three funds.

To meet regulatory requirements, each merger required the approval of a majority of securityholders in each of the three terminated funds by proxy or in person at a special meeting that was held on Wednesday, May 16.

In each instance, securityholders voted to support the proposal to consolidate the funds into the continuing funds that share similar investment mandates.

The mergers will be completed by June 1.

The funds are:

  • Elliott & Page Generation Wave Fund into Elliott & Page Canadian Equity Fund;
  • MIX Trimark Select Canadian Class into MIX Canadian Equity Value Class; and
  • MIX SEAMARK Total Canadian Equity Class into MIX Canadian Large Cap Core Class.