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BluMont completes fund mergers |
Date: Wednesday, August 12, 2009
Author: Advisor.ca
BluMont Capital Corporation has completed merging the BluMont Canadian Opportunities Fund and the BluMont Hirsh Long/Short Fund into the BluMont Core Hedge Fund.
As a result of the merge, the Canadian Opportunities Fund and the Long/Short Fund were terminated on Aug. 7, 2009.
The exchange ratio is based on the net asset value of the funds on Aug. 7, 2009.
Based on these prices, the Canadian Opportunities fund was 1.1642 units of the Core Hedge Fund. And the Long/Short Fund was 1.2021 units of the Core Hedge Fund.
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