1832 Asset management l.p. announces upcoming fund mergers y gasset


If approved, the proposed mergers are expected to take effect as of the close of business on July 12, 2019 . The Independent Review Committee of the Terminating Funds and Continuing Fund has provided 1832 Asset Management L.P. with a positive recommendation for the mergers on the basis 3 main gas laws that they achieve a fair and reasonable result for the Terminating Funds and Continuing Fund.

Each merger will require the approval by a majority of the votes cast by unitholders of the applicable Terminating Funds and Continuing Fund at a special meeting of such unitholders, expected to be held jointly on or about June 14, 2019 (the Special Meetings). The record date for the purpose of determining which unitholders electricity and magnetism study guide 8th grade are entitled to receive notice and vote at the Special Meetings will be the close gas dryer vs electric dryer calculator of business on or about April 25, 2019. A management information circular containing a complete description of the matters to be considered at the Special Meetings will be made available to affected unitholders after the record date.

If the mergers are approved, the Manager is also proposing a 10 basis point reduction in the Fixed Administration Fee (FAF) for Series A and Series F of the Scotia International Equity Fund. With the reduction from 4 gas planets 0.35% to 0.25%, the FAF of the Continuing Fund after the merger will be lower than that of the Terminating Funds. The fee reduction will take effect on or about July 12 , 2019. The Management Fee for the Terminating Funds and Continuing Fund are the same and will remain unchanged.

Effective as of the close of business on March 15, 2019, purchases d cypha electricity of units of the Terminating Funds will be suspended including purchases under existing pre-authorized contribution plans. Unitholders will have the right to redeem units of the Terminating Fund up to the close of business on the business day immediately before the merger date, on or about July 8, 2019 .

The proposed mergers are a result of the Manager’s ongoing review of the gas x strips ingredients fund lineup and are believed to be in the best interest of unitholders of the Terminating Funds and Continuing Funds. All unitholders are expected to benefit from the increased scale and operational efficiencies of a larger Continuing Fund, post-merger. The mergers gas and sand will also provide unitholders of the Terminating Funds with enhanced regional diversification with potentially less volatility.

Commissions, trailing commissions, management fees and expenses may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed or insured by the Canada Deposit Insurance Corporation or any other government deposit insurer, their values change frequently and past performance may not be repeated.

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