Columbia Management, the investment management division of Bank of America, completed the mergers of 11 funds Wednesday, in its continuing effort to simplify the choices it offers investors.

As of the end of last year, the firm had reduced the number of long-term retail funds it offers from 119 to 87, resulting in a reduction in expenses that has been passed along to shareholders, the company said. With the most recent mergers, the company now offers a total of 79 long-term funds.

“The completion of these mergers marks another step toward our goal of creating a simplified lineup of mutual funds and achieving expense savings for our fund shareholders,” said Columbia Management President Keith Banks.

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