Investors Group Trustco Ltd.

Decision


MUTUAL RELIANCE REVIEW SYSTEM FOR EXEMPTIVE RELIEF APPLICATIONS

RECOMMENDATION AND DETERMINATION

Date:
June 5, 2006
 
To:
Rhonda Goldberg
Assistant Manager, Investment Funds
 
From:
Chantal Mainville
Senior Legal Counsel, Investment Funds
 
Subject:
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")
 
Application No. 330/06
 
Principal
Regulator:
Manitoba

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