Unitholders of MD US Large Cap Growth Fund and MD US Large Cap Value Fund have voted in favour of changes to the investment objectives of the funds, MD Funds Management Inc. said today.

As well, the assets of the MD US Small Cap Growth Fund will be merged with the assets of MD American Growth Fund after today’s close. The MD US Small Cap fund will be closed once the merger is complete.

As a result of the vote, MDFM said it will appoint the following investment advisors to the newly named MD American Growth Fund, formerly the US Large Cap Growth Fund:

– Goldman Sachs Asset Management will remain and advise the fund primarily in respect of large capitalization growth securities;

– New Amsterdam Partners LLC will advise the fund primarily in respect of large capitalization growth securities;

– Calamos Advisors, LLC will advise the Fund primarily in respect of growth securities with a broad range of market capitalizations;

– Westfield Capital Management Company LLC will advise the fund primarily in respect of small capitalization growth securities.

The MD Large Cap Value Fund will be renamed to MD American Value Fund, with Lord Abbett & Co. LLC continuing as investment advisor.