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.
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