First Asset merges funds

First Asset Capital Corp. of Toronto has combined four of its mutual funds. First Asset Canadian Convertible Debenture Fund has been merged with First Asset Canadian Convertible Bond Fund. First Asset Canadian Dividend Opportunity Fund II has been merged with First Asset Canadian Dividend Opportunity Fund. All unitholders of the closing funds will receive A-class units of their respective continuing fund on a tax-deferred basis. First Asset Capital is a wholly owned subsidiary of CI Financial Corp. For full details regarding the funds, visit www.firstasset.com.

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