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Toronto, May 11, 2021 – Mackenzie Investments announced the results of special meetings held yesterday where investors approved a fund merger and a change in investment objective. Both are intended to further streamline Mackenzie's product shelf and make it easier to navigate.
1. Fund Merger
Existing Fund (terminating) |
To be merged into (continuing Fund) |
Mackenzie Global Credit Opportunities Fund |
Mackenzie North American Corporate Bond Fund |
This merger will take effect on or about June 4, 2021.
2. Change in Investment Objective
Also approved at the meetings was a change to the investment objective of Mackenzie USD Global Tactical Bond Fund to more closely align with the investment objective of Mackenzie Unconstrained Fixed Income Fund. This proposed change will provide investors with access to a USD version of the Mackenzie Unconstrained Fixed Income Fund.
About Mackenzie Investments
Mackenzie Investments is a leading investment management firm with approximately $194.9 billion in assets under management as of April 30, 2021. Mackenzie provides investment solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, Mackenzie is a global asset manager with offices across Canada as well as in Boston, Dublin, London, Hong Kong and Beijing. Mackenzie is a member of IGM Financial Inc. (TSX: IGM), one of Canada's premier financial services companies. For more information, visit mackenzieinvestments.com.
For further information, please contact:
Becky Caissie
Mackenzie Investments
647-969-3431