Idex Mutual Funds is asking shareholder for permission to reorganize several of its funds, merging several and eliminating the name Janus from many of the funds, Dow Jones reports.
In a filing with the
The firm is also asking to combine the IDEX Janus Growth & Income fund with the IDEX Janus Balanced fund, renaming it the IDEX Transamerica Balanced fund. Transamerica would be the subadvisor.
Additionally, the IDEX Alger Aggressive Growth fund would be combined with the
IDEX Transamerica Equity fund, while the IDEX LKCM Strategic Total Return fund would be consolidated into the IDEX Transamerica Value Balanced fund.
Shareholders will be notified of a meeting time and date later.
