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Mackenzie Investments Announces Risk Rating Changes for Select Mutual Funds


TORONTO, September 22, 2022
 – Mackenzie Investments (“Mackenzie”) today announced changes to the risk ratings of select mutual funds, effective on or about September 29, 2022.

Mackenzie reviews and adjusts risk ratings in accordance with the Risk Classification Methodology mandated by the Canadian securities regulators. The risk rating of the following Funds will change as outlined below. There are no changes to the investment strategies of these Funds. 
 

Fund Name

Current Risk Rating

New Risk Rating

Mackenzie Global Women's Leadership Fund

Low to Medium

Medium

Mackenzie North American Equity Fund1

Low to Medium

Medium

Mackenzie Gold Bullion Fund

Medium to High

Medium

1 Effective on or about September 29, 2022, Mackenzie North American Equity Fund will be renamed “Mackenzie Bluewater North American Equity Fund”.

 

About Mackenzie Investments

Mackenzie Investments is a leading investment management firm with $187.9 billion in assets under management as of August 31, 2022. 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.

 

English Media Inquiries
Hilary Bassett
416-951-7558
hilary.bassett@igmfinancial.com
 

French Media Inquiries
Lara Berguglia
514-994-2382
lara.berguglia@northstrategic.com