The mergers will take effect June 15
Proposed changes aim to simplify IG’s Cornerstone Portfolios lineup
Special meetings cancelled
Five mergers will take place on April 20, seven more on May 25
The firm has also made Private Wealth series accessible to more investors
The mergers will be implemented on March 23.
The proposed revisions include fund mergers, investment objective changes, fee changes
It will also proceed with the merger of Desjardins Canadian Equity Growth Fund with Desjardins Canadian Equity Fund
The firm will merge its Canadian small cap and large cap equity teams to form a single Canadian growth team
The purchase expands Sun Life’s wealth management business in Canada with a broader lineup of emerging market funds