Mississauga, Ont.-based Smart Investments Ltd. announced on Monday that Pro Money Market Fund, Pro Fundamental Bond Index Fund and Pro Fundamental Balanced Index Fund will be wound up and terminated on Aug. 28.

Smart Investments notified unitholders of its intention to terminate the funds back in April.

Unitholders continue to have the right to redeem their units in the funds prior to the termination date. All units not redeemed prior to the termination date will automatically be redeemed by Aug. 28.

Earlier this year Smart Investments completed the acquisition of the Pro-Index Fund family.