Mackenzie Financial Corporation is changing the risk rating of Mackenzie International Growth Fund and Mackenzie International Growth Class (the Funds) from medium to low to medium.
Jonathan Norwood, Portfolio Manager on the Mackenzie Cundill Team, discusses the recent performance of value and which sectors may see improved valuations in the near future.
Mackenzie Financial Corporation has announced ten fund mergers to simplify choices and to help advisors navigate its product shelf.
Economic, financial market and political uncertainty continued to be the order of the day in the second quarter of 2016. Global financial markets opened the quarter with volatility related to fears of potential Fed rate hikes and closed the quarter amid the volatility related to the U.K.’s Brexit referendum.
The second quarter came to a chaotic close as the unexpected “leave” vote in Britain began the Brexit process. The past decade has been difficult and crisis filled, leading many to wonder what has changed and what, if anything, can we do about it?
It was a remarkably volatile first half of 2016 and the second quarter certainly ended with another jolt: Brexit. The negative tone to risk-assets over the first six weeks of the year gave way to a significant bull market in corporate credit through the end of Q2.