Home Breadcrumb caret Industry News Breadcrumb caret Industry Canoe to merge funds The mergers affect bond and equity funds By Staff | January 22, 2019 | Last updated on January 22, 2019 1 min read © Albert Yuralaits / 123RF Stock Photo Calgary-based Canoe Financial LP has obtained securityholder approval for several fund mergers. Canoe will merge Canoe Canadian Corporate Bond Fund into Canoe Bond Advantage Fund, and Canoe Floating Rate income Fund into Canoe Strategic High Yield Fund, the independent mutual fund company says in a release. These mergers are expected to be completed by March 8. Canoe has also received approval regarding the merger of Canoe Equity Income Class into Canoe Asset Allocation Class. Additionally, the company says the special meeting to consider the merger of Canoe Canadian Monthly Income Class into Canoe North American Monthly Income Class has been adjourned until Jan. 24. Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo