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 .
Fund MergerThe 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 .
About IG Wealth ManagementFounded 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
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