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March 27, 2003 at 07:00 PM
March 24, 2003 — Integrity Mutual Funds (IMFD) has agreed to acquire Canadaigua National Bank and Trust Co.’s two mutual funds, which have $14 million in assets. Terms were not disclosed.
Integrity said the $13 million Canandaigua Natl Collect For Qual Inv Equity (CEQTX) and the $1 million Canandaigua bond fund, both ranked 3 Stars by Standard & Poor’s, will be managed by its Ranson Capital Corp. subsidiary following the completion of the transaction. Information on the funds’ portfolio managers was not immediately available.
