IG Wealth Management announces fund changes

Changes to streamline IG Wealth Management’s mutual fund offering and introduce portfolio efficiencies have been approved, the firm said in a release Wednesday.

Specifically, changes to the investment objectives of the following funds and classes were approved by securityholders and are expected to take effect in February:

• Investors Canadian Natural Resource Fund
• Investors Canadian Small Cap Growth Fund
• Investors Canadian Small Cap Growth Class
• Investors Canadian Small Cap Class
• IG Mackenzie Cundill Global Value Class
• Investors Canadian Equity Class
• IG Mackenzie Canadian Equity Growth Class
• Investors Canadian Growth Class
• Investors Canadian Large Cap Value Class
• IG Putnam Low Volatility U.S. Equity Class

In addition, fund mergers, noted online in a table, are expected to take effect on or about Feb. 8, 2019.

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.