Burgundy Asset Management Ltd. today said unitholders approved its plan to change the investment objectives of 11 funds.
Votes were held at a special meetings of unitholders on Sept. 17.
Approval was received for an amendment to the trust agreement between RBC Dexia Investor Services Trust and Burgundy for all of the Burgundy Funds, and for the proposed changes to the investment objectives for the funds.
The 11 funds are: Burgundy American Equity Fund, Burgundy Canadian Equity Fund, Burgundy European Equity Fund, Burgundy European Foundation Fund, Burgundy Focus Canadian Equity Fund, Burgundy Focus Equity RSP Fund, Burgundy Focus Japanese Equity Fund, Burgundy Foundation Trust Fund, Burgundy Partners’ Balanced RSP Fund, Burgundy Partners’ Equity RSP Fund and Burgundy Partners’ Global Fund.
The company said the amendment gives it greater flexibility to respond to the needs of its clients.
The changes will take effect as early as today, it added.
Burgundy unitholders vote in favour of amendment
Fund company receives approval to change investment objectives
- By: IE Staff
- September 18, 2007 September 18, 2007
- 10:31