Mackenzie Financial Corp. has scheduled a special meeting of unitholders to vote on the proposed merger of MSP Maxxum Trust into Mackenzie Maxxum Dividend Class, the company said Friday.Mackenzie Maxxum Dividend Class is a mutual fund whose investment objectives and strategies are similar to those of the trust. Full details about the proposed merger will […]
Closed-end funds to be merged into Sentry Select Canadian Income Fund
Assets are being focused on key managers, Scandiffio says
Covington Group of Funds has completed the consolidation of the pool of assets of Covington Venture Fund Inc. Class A Shares, Series VII with the pool of assets of Covington Venture Fund Inc. Class A Shares – Series VIII and Series IX.The consolidation, effective Feb. 23, has combined assets of the three series of the […]
Investors will also vote on change of investment objectives and addition of new series
Manager change, fund merger are the key initiatives being proposed by Northern Rivers
Proposed mergers to take place April 17
Mackenzie Balanced Fund to merge into Saxon Balanced Fund
The exchange of preferred shares of Charterhouse Preferred Share Index Corp. for Class A units of Jov Leon Frazer Preferred Equity Fund was completed at the close of business on Jan. 30, JovFunds Management Inc. said Monday.Preferred shareholders of Charterhouse will receive 1.70389 units of the Class A units of the fund for each preferred […]
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