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TORONTO, July 21, 2021 – Mackenzie Investments (“Mackenzie”) today announced changes to the risk ratings, frequency of distributions and pricing for the following exchange traded funds (“ETFs”) and mutual funds.
Risk Rating Changes
Mackenzie reviews risk ratings and makes adjustments in accordance with the Risk Classification Methodology mandated by the Canadian Securities Regulators. The risk ratings of two ETFs will change as outlined below. There are no changes to the investment strategies of these ETFs.
Fund Name |
Current Risk Rating |
New Risk Rating |
Mackenzie Maximum Diversification Canada Index ETF |
Low to Medium |
Medium |
Mackenzie Maximum Diversification US Index ETF |
Low to Medium |
Medium |
Distribution Frequency Changes
Effective October 1, 2021, the cash distribution frequency of the ETF below will change as follows:
Fund Name |
Current Distribution Frequency |
New Distribution Frequency |
Mackenzie Global Fixed Income Allocation ETF |
Quarterly |
Monthly |