Mackenzie Investments announces approval of mergers to streamline and strengthen product shelf
TORONTO – June 25, 2018 — Mackenzie Investments announced today that the mergers that required investor approval were approved at special meetings held on June 22, 2018 and will be implemented on or about July 6, 2018. The mergers streamline and strengthen Mackenzie’s product shelf.
The list of mergers include:
|Existing fund (terminating fund)||To be merged into (continuing fund)|
|Mackenzie Canadian Money Market Class||Mackenzie Canadian Money Market Fund|
|Mackenzie Ivy International Equity Fund||Mackenzie Ivy International Fund|
|Mackenzie US Low Volatility Fund||Mackenzie High Diversification US Equity Fund|
|Mackenzie Global Low Volatility Fund||Mackenzie High Diversification Global Equity Fund|
|Mackenzie Cundill Recovery Fund||Mackenzie Cundill Value Fund|
|Mackenzie Cundill Recovery Class||Mackenzie Cundill Value Class|
|Mackenzie Emerging Markets Opportunities Class||Mackenzie Emerging Markets Class|
|Mackenzie US Large Cap Class||Mackenzie US Growth Class|
|Mackenzie Canadian All Cap Dividend Growth Fund||Mackenzie Canadian Growth Fund|
|Mackenzie Canadian All Cap Balanced Class||Mackenzie Canadian Growth Balanced Class|
Also approved at the meetings were changes to the investment objectives of Mackenzie Income Fund and Mackenzie Short-Term Income Fund. Their investment objectives will change to fully capitalize on our fixed income capabilities.
For more information on the mergers and investment objective changes, visit Mackenzieinvestments.com/mergers2018.
About Mackenzie Investments
Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $127.9 billion in assets under management as of May 31, 2018, 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 $157.7 billion in total assets under management as of May 31, 2018.