1832 Asset Management announces proposed fund mergers for Scotia Aria Portfolios
June 28, 2023
1832 Asset Management L.P. (the “Manager”) announced a proposal to merge the following mutual funds (each, a “Terminating Fund”) into the corresponding mutual funds (each, a “Continuing Fund”):
|Terminating Funds||Continuing Funds|
|Scotia Aria Conservative Defend Portfolio||to merge into||Scotia Aria Conservative Build Portfolio|
|Scotia Aria Conservative Pay Portfolio|
|Scotia Aria Moderate Defend Portfolio||to merge into||Scotia Aria Moderate Build Portfolio|
|Scotia Aria Moderate Pay Portfolio|
|Scotia Aria Progressive Defend Portfolio||to merge into||Scotia Aria Progressive Build Portfolio|
|Scotia Aria Progressive Pay Portfolio|
|Scotia Aria Equity Defend Portfolio||to merge into||Scotia Aria Equity Build Portfolio|
|Scotia Aria Equity Pay Portfolio|
Approval from unitholders of the Terminating Funds will be voted on at special meetings to be held virtually on or about September 15, 2023. Subject to securityholder approval, it is currently anticipated that the proposed mergers will be implemented on or about October 13, 2023.
More details regarding the proposed mergers can be found in the Management Information Circular and other documents shown below.