The Board of Nomura Partners Funds Announces that the Merger of its The Japan Fund with the Matthews Japan Fund will Close on October 20, 2014
NEW YORK, Oct. 7, 2014 /PRNewswire/ -- The Board of Directors of Nomura Partners Funds, Inc., announced that Nomura Partners Funds, Inc. shareholders approved a charter amendment that will permit the tax-free merger of The Japan Fund into the Matthews Japan Fund. The boards of directors of both funds had previously approved the merger. The closing is scheduled for October 20, 2014.
At the closing Nomura Partners Funds, Inc. will transfer all of the assets and specified liabilities of The Japan Fund (NPJAX, NPJCX, NPJIX, SJPNX) to the Matthews Japan Fund (MJFOX, MIJFX), at which time The Japan Fund shareholders will become shareholders of the Matthews Japan Fund and The Japan Fund will thereafter be liquidated.
Nomura
Nomura is an Asia-based financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. Nomura's subsidiaries in the US include Nomura Securities International, Inc. (a member of SIPC) and Nomura Corporate Research and Asset Management Inc. For further information about Nomura, visit www.nomura.com.
SOURCE Nomura
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