Mackenzie Universal World Growth RRSP Fund to become global dividend fund
Merger of four funds will reduce expenses
Bissett Income Trust Fund to be combined with Bissett Income Fund
Funds consolidated into continuing funds that share similar investment mandates
Funds to be merged, converted into open-ended mutual fund
Expansion of global reach and long-term capital protection are key objectives
Mortgage-Backed Securities Trust and MBS Adjustable Rate Income Fund have approved their merger with Sentry Select MBS Adjustable Rate Income Fund II
Proposals include investment objective changes, mergers
Proposes to merge, cap funds
Mergers would eliminate costs, provide greater liquidity