Bridgehouse Asset Managers receives securityholder approval for fund merger

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Bridgehouse Asset Managers receives securityholder approval for fund merger

Canada NewsWire

TORONTO, Dec. 11, 2018 /CNW/ - Bridgehouse Asset Managers ("Bridgehouse"), the retail trade name for Brandes Investment Partners & Co., has received the required approval from securityholders at a special meeting held on December 11, 2018 to proceed with the merger announced on September 27, 2018 (the "Merger") of the Greystone Canadian Equity Income & Growth Fund (the "Terminating Fund") into the Morningstar Strategic Canadian Equity Fund (the "Continuing Fund").

As all approvals have been received, the Merger will be effective on or about December 14, 2018.

Holders of securities of each series of the Terminating Fund will receive securities of the Continuing Fund, determined on a series-for-series and dollar-for-dollar basis. As soon as practicable following the Merger, the Terminating Fund will be wound up.

No sales charges, redemption fees or other fees or commissions will be payable by securityholders of the Terminating Fund in connection with the Merger. All costs and expenses associated with the Merger will be borne by Bridgehouse. Securityholders of the Terminating Fund will have the right to redeem securities of, or make switches out of, the Terminating Fund up to the close of business on the business day immediately before the effective date of the Merger. No sales charges, redemption fees or other fees or commissions will be charged to securityholders on the issue of securities of the Continuing Fund or exchange of securities of the Terminating Fund into the Continuing Fund. 

About Bridgehouse Asset Managers:
For more about Bridgehouse and the Bridgehouse Funds visit: bridgehousecanada.com and follow us on Twitter and LinkedIn.

Brandes Investment Partners & Co. is the manager of the Bridgehouse Funds. Securities of the Bridgehouse Funds are available through registered dealers only and not available through Bridgehouse. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Returns on mutual funds are not guaranteed, values change frequently and past performance may not be repeated. 

News release for information purposes only.

SOURCE Bridgehouse Asset Managers

View original content: http://www.newswire.ca/en/releases/archive/December2018/11/c2034.html

Copyright CNW Group 2018

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).