Mackenzie Investments enhances popular RDSP program with five new funds
TORONTO – January 18, 2017 – Building on the momentum of a popular product offering, Mackenzie Financial Corporation (Mackenzie Investments) announced today five products that have become eligible for its Registered Disability Savings Plan (RDSP).
Introduced in 2008, RDSPs were designed to help build long-term financial security for disabled persons. The RDSP makes it easier to invest by providing assisted savings and tax-deferred investment growth. Mackenzie Investments is the only independent fund company to offer RDSP accounts.
“We have added some of our most popular mutual fund products to support this wonderful program that has helped millions of Canadian families. People with disabilities face a unique set of challenges, including financial ones. The RDSP helps establish security for the future and it is a program we are so proud to offer Canadians,” said Barry McInerney, President and Chief Executive Officer of Mackenzie Investments.
Focusing on providing depth and breadth of choice for products, as of today Mackenzie Investments will now offer these funds as eligible for RDSP accounts:
- Mackenzie Canadian Growth Fund
- Mackenzie Canadian Growth Balanced Fund
- Mackenzie Ivy Canadian Balanced Fund
- Mackenzie Ivy Global Balanced Fund
- Mackenzie US Growth Class
With these additions, the number of funds available to RDSP investors with Mackenzie has expanded to more than 40 options.
About Mackenzie Investments
Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $64.0 billion in assets under management as at December 31, 2016, 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 over $141 billion in total assets under management as at December 31, 2016.