Toronto-based Mackenzie Financial Corp. and London, Ont.-based Quadrus Investment Services Ltd. on Wednesday announced a proposed merger of Quadrus Trimark Balanced Fund into Mackenzie Strategic Income Fund.

The merger is subject to approval by the fund’s investors at a special meeting scheduled for Jan. 4, 2018 at the Mackenzie Investments office in Toronto.

Full details of the proposed merger will be outlined in a management information circular that will be made available to investors who hold fund securities as of November 10. If approved, the proposed merger is expected to be effective on or about Jan. 19, 2018.