Investors Group fund mergers and objective changes approved by securityholders WINNIPEG, June 13, 2013 /CNW/ - At meetings held earlier this week, securityholders approved nine Investors Group fund mergers and changes to the investment objectives of ten Investors Group Corporate Class funds. Fund mergers The mergers are expected to provide securityholders of the merging funds with more effective portfolio management and generally broader investment mandates with more diversification which, in turn, will provide the potential for less volatility and improved long-term performance. The mergers below are expected to occur after the close of business on June 14, 2013. Merging Fund Continuing Fund Investors Japanese Equity To merge into Investors Pan Asian Growth Fund Fund Investors Japanese Equity To merge into Investors Pan Asian Growth Class* Class* Investors European To merge into Investors European Equity Dividend Growth Fund Fund Investors Summa Global SRI (TM) Fund To merge into Investors Global Fund Investors Summa Global SRI To merge into Investors Global Class* (TM) Class( )* Investors Mergers & To merge into Investors North American Acquisitions Fund Equity Fund Investors Mergers & To merge into Investors North American Acquisitions Class* Equity Class* IG Mackenzie Universal To merge into IG Mackenzie Ivy Foreign Global Growth Equity Class* Class* Investors Real Return Bond To merge into Investors Canadian Bond Fund Fund *This mutual fund is a class of securities issued by Investors Group Corporate Class Inc.(TM) Objective changes The changes to the investment objectives of the following Investors Group Corporate Class Inc.™ funds will provide the flexibility to invest primarily in the units of other Investors Group funds: -- Investors Canadian Equity Class -- Investors Canadian Growth Class -- Investors Canadian Large Cap Value Class -- Investors Canadian Small Cap Class -- Investors Canadian Small Cap Growth Class -- Investors North American Equity Class -- Investors Québec Enterprise Class -- Investors Summa SRI™ Class -- Investors U.S. Large Cap Value Class -- Investors U.S. Opportunities Class These changes are expected to provide these Classes with more effective portfolio management, including better diversification and easier asset allocation, and the potential to reduce overall trading costs. The proposed changes took effect on June 12, 2013. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The Funds are distributed across Canada by Investors Group Financial Services Inc., (in Quebec, a financial services firm), and Investors Group Securities Inc. (in Quebec, a firm in financial planning.) Investors Group, founded in 1926, is a national leader in delivering personalized financial solutions to Canadians through a network of approximately 4,500 Consultants located throughout Canada. In addition to an exclusive family of mutual funds and other investment vehicles, Investors Group offers a wide range of insurance, securities, mortgage and other financial services. Investors Group is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada's premier financial services companies with over $127 billion in total assets under management as of May 31, 2013. (TM)This trademark is owned by IGM financial Inc. and licensed to its subsidiary corporations. Media contact: Ron Arnst Media Relations (204) 956-3364 email@example.com SOURCE: Investors Group Inc. To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/June2013/13/c7590.html CO: Investors Group Inc. ST: Manitoba NI: FIN FND FND FLOWS FIN -0- Jun/13/2013 14:00 GMT
Investors Group fund mergers and objective changes approved by securityholders
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