IGM:CC - IG Wealth Management Announces Securityholder Approval of Fund and Class Changes
Canada NewsWire
WINNIPEG, MB , May 18, 2022 /CNW/ - IG Wealth Management today announced that the changes to the IG Mackenzie Quebec Enterprise Fund and the IG Mackenzie Quebec Enterprise Class that were initially announced on March 11, 2022 , have been approved by securityholders at a meeting held May 17, 2022 .
The changes are intended to present investors with greater portfolio management and diversification opportunities as well as the potential for improved long-term performance. The changes will take effect at the close of business on or about May 20, 2022 .
The following merger has been approved by securityholders:
Existing Fund |
To be merged into |
IG Mackenzie Quebec Enterprise Fund |
IG Mackenzie Canadian Equity Fund |
The following change has been approved by shareholders:
Class |
|
Fund |
Class name change |
IG Mackenzie Quebec Enterprise Class |
To invest |
IG Mackenzie Canadian Equity |
IG Mackenzie Canadian Equity Class |
Details on the fund mergers and investment objective changes can be found at IG Wealth Management Announces Product Changes to Strengthen Performance and Deliver Enhanced Value to Clients .
Founded in 1926, IG Wealth Management is a national leader in delivering personalized financial solutions to Canadians through a network of advisors located across Canada . In addition to an exclusive family of mutual funds and other investment vehicles, IG offers a wide range of other financial services. IG Wealth Management has $111.6 billion in assets under advisement as of April 30, 2022 and is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada's leading diversified wealth and asset management companies with approximately $257.4 billion in total assets under management and advisement as of April 30, 2022 .
SOURCE IG Wealth Management
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2022/18/c0510.html
News, Short Squeeze, Breakout and More Instantly...
Market Wire News is a media platform, the information on this page was provided by Canada Newswire via Quote Media. Read our full disclaimer.