Guide to Mackenzie Funds

Investing with Mackenzie Investments

Mackenzie Investments’ core business is managing mutual funds on behalf of investors throughout North America. We offer a variety of funds to choose from to build a strong portfolio of investments with the help of your advisor.

Thinking about investing in Mackenzie Investments funds? Here are the basics you need to know to get started.

  • Building your portfolio

    Mutual Funds

    Mutual funds provide professional expertise and built-in diversification. Each of our funds pools together cash from many different investors who share a common investment objective. A fund might hold dozens of individual stocks – more than any single investor could follow closely without a great deal of time and effort.

    Benefits of mutual funds

    • Managed by full-time professional money managers.
    • Simplified investment tracking – much of your paper work and record keeping is done for you.
    • Easy access to your money allowing you to buy and sell your funds on any regular trading day on the major securities exchanges in Canada.
    • Mutual fund companies are carefully regulated; your money is held separate to the operating funds of the fund company; and a custodian (a large Canadian bank or trust company) holds each fund's investment assets.

    Variety of choice to diversify by asset class

    • Fixed Income & Money Market
    • Balanced (combination of equity and fixed income)
    • Equity (Canadian Equity, US Equity, Global Equity, Regional Equity)
    • Managed Assets (risk managed portfolios)
  • Make investing easier

    Solutions to help

    Becoming a regular investor doesn’t need to be complicated or time-consuming. Mackenzie Investments offers services that can make the administration of your account simpler and more efficient including:

    Investment Programs - ETFs

    Dividend Reinvestment Program (DRIP)

    A Dividend Reinvestment Program (DRIP) is a convenient way to help your investments grow through systematic purchases. A DRIP lets you take the money you receive when a company pays a dividend and immediately purchase additional shares of that company's stock without incurring commissions. Mackenzie’s DRIP program allows investors to easily benefit from compounding their dividends. All cash dividends paid on Mackenzie’s ETFs will be eligible for reinvestment into additional units of the same fund as set out in Mackenzie’s Dividend Reinvestment Plan. Investors may opt into the DRIP by contacting their brokerage firm.

    Investment Programs – Mutual Funds

    Pre-Authorized Chequing plan (PAC)

    Set up a Pre-Authorized Chequing plan (PAC) and Mackenzie Investments will automatically transfer a set amount in regular intervals from your bank account and invest it in the Mackenzie Investments fund of your choice. A PAC plan will encourage you to "pay yourself first" and maintain a disciplined investment approach.

    Systematic Withdrawal Plan (SWP)

    A Systematic Withdrawal Plan allows you to receive regular withdrawals from your Mackenzie Investments account without the inconvenience of submitting individual redemption requests. We will either send you the redeemed amount by cheque or deposit it electronically in your bank account. Although they are not available for Registered Retirement Savings Plans (RRSPs) or Locked-In Retirement Accounts, SWPs are an easy way to withdraw money from a Registered Retirement Income Fund.

    Mackenzie One-Step Dollar Cost Averaging (DCA)

    Mackenzie Dollar Cost Averaging is disciplined investing on a consistent and regular basis. This approach gives investors a way to systematically get back into – or stay in – the markets, using Mackenzie Investments mutual funds. With Mackenzie One-Step DCA, investors are assured of being in the market in a systematic way that reduces exposure to severe market fluctuations.

  • Tracking your investments

    Monitoring your investments is easy

    Once you’re invested, tracking your fund investments is easy. Prices of mutual funds are reported daily on our website under Prices & Performance. But keep in mind your long-term goals shouldn’t be measured on a day-to-day basis.

    Investors will also receive key information about their investments including:

    • Transaction confirmations for all non-systematic transactions.
    • Semi-annual account statements as of June 30 and December 31.
    • Audited annual financial statements and unaudited semi-annual financial statements, containing asset allocations, balance sheets and income statements for each fund you own.
    • A comprehensive tax package, including a tax guide and your supplementary tax slips – e.g., T3s and T5s – mailed in mid-February.

Speak with your financial advisor to learn more about your options.

Additional Resources

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

The content of this web page (including facts, views, opinions, recommendations, descriptions of or references to, products or securities) is not to be used or construed as investment advice, as an offer to sell or the solicitation of an offer to buy, or an endorsement, recommendation or sponsorship of any entity or security cited. Although we endeavour to ensure its accuracy and completeness, we assume no responsibility for any reliance upon it.