The company will also launch a new Active ETF Series and streamline its fee-based offering
The company has decided to reduce the management fee applicable to Sionna Opportunities Fund
If approved, the mergers will take effect Feb. 8, 2019
Investment objective changes and proposed fund mergers aim to provide broader diversification, lower costs to clients
Chorus II Corporate Class Portfolio will be merged with Chorus II Trust Fund Portfolio
Jonathan Norwood and Richard Wong have been named portfolio managers of Cundill Recovery Class and Cundill Recovery Fund until the mergers take effect
The mergers, which will be implemented next week, are aimed at streamlining and strengthening Mackenzie’s mutual fund lineup
Investors will benefit from lower fees
The mergers will take effect June 15
Proposed changes aim to simplify IG’s Cornerstone Portfolios lineup