Our History | Mackenzie Investments

Our History

Mackenzie Investments started in 1967 with one person managing investments for one client in Toronto. Mackenzie is an independent Canadian asset manager that strives to be the best partner for investors and their financial advisors. We offer advisors holistic solutions designed to help their clients achieve financial success. We want Canadians to have confidence in the future.

1967

Mackenzie Financial Corporation founded by Alexander Christ

1968

Launch of Industrial Growth Fund, Mackenzie's first fund

1972

Acquired Mackenzie Growth Funds Inc. and the Fraser Growth Ltd., re-named Industrial Equity Fund Ltd.

1973

Mackenzie becomes a public company

1975

First institutional client

1981

Mackenzie's common shares listed on the Toronto Stock Exchange

1984

Launch of Industrial Cash Management Fund, the first money market fund to offer chequing privileges

1987

Launched Industrial Horizon Fund, the industry's first Deferred Sales Charge (DSC) fund

1988

Acquired The Sentinel Group of Funds

1992

Acquired Ivy Management Inc.

Common shares listed on NASDAQ and The Montreal Exchange

1995

STAR Asset Allocation Program launched, an innovation bringing pension-style money management to the retail market in fund-of-fund format

1997

Launch of Mackenzie University

1998

Keystone Asset Allocation Program launched

1999

Acquired the Cundill Funds. Completed acquisition of Cundill Investment Research Ltd., including its institutional business, and The Cundill Group in 2006.

2001

Power Financial, through its ownership of Investors Group, acquired Mackenzie Financial Corporation

Integration of Maxxum Financial

2004

Creation of IGM Financial Inc.

Launch of Symmetry Portfolio Service (not unitized). Program was unitized in 2008 and renamed Symmetry in 2010

2008

Acquired Howson Tattersall Investment Counsel, including its institutional business, and the Saxon Group of Mutual Funds

2015

Launch of refreshed brand: Confidence in a changing world

2016

Investment in China Asset Management Co.

Launch of Mackenzie Exchange Traded Funds

Launch of TOBAM ETFs and Mutual Funds

2017

50th Anniversary!