Invesco Emerging Markets Debt Fund will merge with Invesco Global Bond Fund
Closed-end fund merged into Middlefield U.S. Dividend Growers Class
The changes include tweaking the investment objectives and strategies, modifying corporate classes and reducing fees
The terminating funds affected by the cancelled merger will now have their fees reduced to stay consistent with Dynamic’s overall pricing strategy
Invesco Emerging Markets Debt Fund to merge into Invesco Global Bond Fund
Three funds will be merged into Manulife Growth Portfolio sometime around June 2
NEI Northwest Tactical Yield Fund will absorb NEI Northwest Macro Canadian Asset Allocation Fund and NEI Northwest Macro Canadian Asset Allocation Corporate Class.
The funds share similar objectives and will retain the same manager
Securityholders will vote on the proposed mergers on or about June 9 and, if they approve, the mergers will take place on or about June 30
The decision came as a result of a new provision in this year’s federal budget relating to mutual fund mergers