Investors Group Trustco Ltd.
MUTUAL RELIANCE REVIEW SYSTEM FOR EXEMPTIVE RELIEF APPLICATIONS
RECOMMENDATION AND DETERMINATION
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Date:
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June 5, 2006
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To:
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Rhonda Goldberg
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Assistant Manager, Investment Funds
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From:
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Chantal Mainville
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Senior Legal Counsel, Investment Funds
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Subject:
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Application filed by Investors Group Trustco Ltd. for approval of a fund merger under paragraph 5.5(1)(b) of National Instrument 81-102 Mutual Funds ("NI 81-102")
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Application No. 330/06
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Principal
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Regulator:
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Manitoba
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Recommendation:
Attached is a memorandum prepared by the staff of the Principal Regulator and the determination of the Principal Regulator on the above-noted application.
Staff recommends that the same determination be made on this application as that made by the Principal Regulator and that Ontario opt into the Mutual Reliance Review System for Exemptive Relief applications for this application.
Determination:
I make the same determination on this application as the Principal Regulator and opt into the Mutual Reliance Review System for Exemptive Relief Applications for this application.
DATED this 5th day of June, 2006.
"Rhonda Goldberg"
Assistant Manager, Investment Funds