Products

First Trust Canadian Quantitative Equity Portfolio to merge into First Trust Canadian Capital Strength Portfolio

By IE Staff |

Unitholders of First Trust Canadian Quantitative Equity Portfolio have overwhelmingly approved the merger of the fund into First Trust Canadian Capital Strength Portfolio, at a special meeting held today.

As the merger has received all necessary approvals, including regulatory approval, Toronto-based FT Portfolios Canada Co., as manager of the fund, says it plans to complete the merger at the close of business on February 22.