In these economic times would mutual fund companies tend to merge funds?

Question : In these economic times would mutual fund companies tend to merge funds?
Could that or has that happened already?
mutual fund companies

Best answer:

Answer by tjfinvestor
Hi, fund complexes tend to merge similar funds to reduce expenses. When the market is on a run fund companies have tended to expand there offerings and create new funds to address smaller segments of the market and different investment strategies. Sometimes, a good idea at the time turns out to not be so good so they either close a fund (liquidate it) or merge it with another one. It requires a shareholder vote.