15 mergers planned for October, November
Terminating funds to be liquidated in October
Funds no longer required
Reorganization of Corporate Class funds set for Sept. 12
Due to the elimination of tax benefits, closing the funds is in the best interests of shareholders, the company says
Funds closed to new investments effective Nov. 12
Changes being made as a result of new character conversion tax rules
Renaissance Corporate Bond Capital Yield Fund closing to new purchases
Launch based on past demand for now-closed Capital Yield Classes