Caldwell Investment Management Ltd. is proud to announce the successful completion, effective today, of the previously announced merger of Clearpoint Global Dividend Fund and the Caldwell U.S. Dividend Advantage Fund. Caldwell U.S. Fund being the continuing fund. The team added that the merger was effected on a tax-deferred basis with the funds not being responsible for any of the costs and expenses associated with the merger, as they were borne by Caldwell Investment Management Ltd., the manager of the funds. Caldwell is proud to bring impressive expertise in the management of dividend-paying equity mandates to the table. This, along with a particular emphasis on funds focused on issuers domiciled in Canada and the U.S., consistent with the investment approach employed by the GDF Fund over the past years. They are a Toronto-based firm providing investment management services to pooled and mutual funds. Founded in 1990, Caldwell has established and maintained its reputation for excellence in the investment management industry, providing innovative investment solutions to meet the requirements of individual and institutional investors. (Disclaimer : We are not associated with Caldwell Investment Management)