Mackenzie Investments expands product line-up with Global Leadership ETF
TORONTO – December 4, 2017 – 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.
NEO: MWMN Mackenzie Global Leadership Impact ETF: Among Canadian investors, 91% expect to increase or maintain their reliance on Socially Responsible Investments in the next 2-3 years. This new ETF will invest primarily in companies that promote gender diversity and women’s leadership, anywhere in the world.
The ETF’s portfolio managers assess potential investments using a number of criteria, such as whether there is proportional representation of women on boards of directors and in leadership positions in the companies, including as CEOs and CFOs.
“Mackenzie Investments is committed to delivering products that drive positive social, environmental and governance impact,” said Michael Cooke, Senior Vice President and Head of Exchange Traded Funds at Mackenzie Investments. “The Mackenzie Global Leadership Impact ETF provides investors with a progressive product, promoting the benefits of gender diversity.”
The ETF is sub-advised by PAX Ellevate Management LLC, a leader and innovator in impact investing focused on women in leadership. The initial offering of Mackenzie Global Leadership Impact ETF is complete and the ETF will begin trading on the NEO Exchange effective today.
Data is based on:
- Environics: A survey of 412 Canadian advisors that was completed online between June 20 and July 12, 2017 using Environics’ Advisor Research panel. A probability sample of the same size would yield a margin of error (MOE) of +/- 4.8%, 19 times out of 20.
- Environics: A survey of 1,247 Canadians 18-75 years old, who have an investment portfolio or plans to begin investing in the near future was completed online between June 27 and July 11, 2017. A probability sample of the same size would yield a MOE of +/- 2.8%, 19 times out of 20.
Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $93.5 billion in assets under management as of October 31, 2017, Mackenzie Investments distributes its investment services through multiple distribution channels to both retail and institutional investors. Mackenzie Investments is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada's premier financial services companies with $154 billion in total assets under management as of October 31, 2017.