Mackenzie Investments today announced the November 2018 cash distributions for its Exchange Traded Funds (“ETFs”) listed below that trade on the Toronto Stock Exchange (TSX) and Aequitas NEO Exchange. Unitholders of record on November 20, 2018 will receive cash distributions payable on November 27, 2018.
To be eligible for a 2018 tax receipt, donations must be received in good order by the Strategic Charitable Giving Foundation, by 4pm (EST) on December 31, 2018.
Mackenzie Investments has been recognized for industry-leading fund performance at the prestigious Thomson Reuters Lipper® Fund Awards.
Benoit Gervais, Portfolio Manager on the Mackenzie Resource Team, talks about the broader impact of recent economic events and his outlook on the economy and resources sector.
Equity markets were strong in the second quarter, rebounding from the sharp drop at the end of the first quarter. On a year to date basis, despite considerable volatility, developed markets are relatively flat. The overall economic backdrop continues to be supportive, with corporate earnings rising, which should be reflected in stock prices over time.
Global capital markets in the second quarter have been dominated by continued threats of trade war, political uncertainty in Europe and developments in the energy markets.
The first half of 2018 presented investors with potential reasons to be either optimistic or uncertain about markets looking ahead. On the one hand, the domestic growth story in the US seems to be relatively strong, braced by the tax cuts, fiscal, and deregulation agenda put in place by the Trump administration.