IG Wealth Management announces approval of investment objective changes and mergers

WINNIPEG, Dec. 5, 2018 /CNW/ - IG Wealth Management announced today that the investment objective changes and mergers that required investor approval were approved at meetings held on December 4, 2018. The changes streamline IG's mutual fund offering and introduce portfolio efficiencies.

Investment objective changes

Changes to the following Funds' and Classes' investment objectives 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

Fund mergers

The following fund mergers were approved by securityholders and are expected to take effect on or about February 8, 2019.

Existing Fund (Merging Fund)	To be merged into (Continuing Fund)
Investors Canadian Equity Fund	Investors North American Equity Fund
IG Mackenzie Canadian Equity Growth Fund	Investors North American Equity Fund
Investors Canadian Growth Fund	Investors North American Equity Fund
Investors Canadian Large Cap Value Fund	Investors North American Equity Fund
Investors Canadian Small Cap Fund	Investors Canadian Small Cap Growth Fund*
IG Mackenzie Ivy Canadian Balanced Fund	Investors Mutual of Canada
Investors U.S. Dividend Growth Fund	Investors Core U.S. Equity Fund
Investors U.S. Large Cap Value Fund	Investors Core U.S. Equity Fund
IG Putnam Low Volatility U.S. Equity Fund	Investors Core U.S. Equity Fund
Investors Canadian Bond Fund	IG Mackenzie Income Fund
IG Putnam Emerging Markets Income Fund	IG Putnam U.S. High Yield Income Fund
IG Mackenzie Cundill Global Value Fund	Investors Global Fund
Investors Global Real Estate Fund	Investors Global Fund
Alto Monthly Income & Global Growth Portfolio	IG Core Portfolio – Balanced Growth

Details on these investment objective changes and fund mergers can be found at Investors Group simplifies mutual fund offering with investment objective changes and mergers.

*The changes to the investment objectives of Investors Canadian Small Cap Growth Fund are anticipated to take effect prior to the merger.

About IG Wealth Management

Founded in 1926, IG Wealth Management is a national leader in delivering personalized financial solutions to Canadians through a network of Consultants 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 $155 billion in assets under management as of November 30, 2018 and 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 $86 billion in total assets under management as of November 30, 2018.

SOURCE IG Wealth Management

Media contact: Allan Hiebert, 204-956-8535, [email protected]