Montreal-based Standard Life Mutual Funds Ltd. is closing three funds in November 2013, the company announced on Friday.

The funds include the Standard Life U.S. Mid Cap Fund, the Standard Life Global Equity Focus Fund and the Standard Life India Equity Focus Fund. Standard Life decided to terminate the funds because of their small asset size and the limited number of units invested.

Current investors will be able to redeem or switch their investments to any Standard Life mutual fund before the closing date. Standard Life says it will waive all sales charges and redemption fees for the funds.

The funds will officially close on or around Nov. 29, 2013.