Toronto-based PIMCO Canada Corp., manager of the PIMCO Canada Funds, has announced the termination of its PIMCO EqS Pathfinder fund and the PIMCO Global Balanced Fund (Canada), effective July 24, 2015.

The firm states that investors may redeem or switch their units of the funds up to the close of business on July 24, 2015. PIMCO Canada will waive any redemption fees, sales charges or short-term trading fees for redemptions of units of the funds. The funds are also closed to new purchases.

PIMCO Canada will send a notice to each investor in the funds regarding the termination.