Mackenzie Financial Corporation (Mackenzie Investments), part of IGM Financial Inc. (TSX: IGM), today announced that Mackenzie Master Limited Partnership (Stock Symbol MKZ-UN, CUSIP 554905109) has estimated a distribution of partnership income.
Mackenzie Investments Announces Estimated Year-End Reinvested Distributions for its Exchange Traded Funds
Mackenzie Financial Corporation (Mackenzie Investments) today announced the estimated year-end reinvested distributions for its exchange-traded funds (“ETFs”) that trade on the Toronto Stock Exchange (“TSX”) and Aequitas NEO Exchange (“NEO”) for the 2017 tax year.
With equity valuations so elevated, Hovig Moushian, Portfolio Manager on the Mackenzie All Cap Value Team, says his team focuses on relative value opportunities while watching out for value traps.
Arup Datta joins Mackenzie Investments to form Boston Based Global Quantitative Equity Investment Boutique
Mackenzie Financial Corporation (Mackenzie Investments) is pleased to announce the appointment of Arup Datta, CFA, a highly regarded quantitative investor, to lead a new Mackenzie Global Quantitative Equity boutique, based in Boston, MA.
Mackenzie Financial Corporation (Mackenzie Investments) announced a new Exchange Traded Fund (ETF) providing investors with an opportunity to impact social and governance change with a focus on promoting the benefits of women in leadership.
US equities have performed well to the end of the third quarter. The Russell 2500 TR index returned 11.0% in US Dollars (3.0% in Canadian Dollars). Year to date the market continued to be led by Health Care and Technology, but in the third quarter there was a rebound in the more cyclical sectors.
The number of countries now participating in the current global economic expansion reached levels last seen in the mid-2000s. With such breadth, the global economy is now lifting PMI and other leading indicators higher, confirming the early sign that the global economy has reached a point where growing capital expenditures can be sustained.
The third quarter of 2017 started where the month of June ended with a negative return of 0.71% for the CFE category for the month of July. Luckily, the next two months were both positive, allowing the CFE Category to return +2.06% for the Quarter.