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TORONTO, March 6, 2023 – As part of its ongoing efforts to streamline its product shelf for investors and advisors, Mackenzie Investments (“Mackenzie”) today announced a series of fund mergers and proposed fund terminations.
The following mergers are expected to be implemented on or about June 16, 2023. No action is required by investors.
Existing Fund (Terminating Fund) |
To be merged into (Continuing Fund) |
Mackenzie Private Global Income Balanced Pool |
Mackenzie Global Strategic Income Fund |
Mackenzie Private Income Balanced Pool |
Mackenzie Strategic Income Fund |
Further, Mackenzie announced the proposed termination of the following Funds:
- Mackenzie Maximum Diversification All World Developed ex NA Index Fund
- Mackenzie Maximum Diversification Developed Europe Index Fund
- Mackenzie Maximum Diversification Emerging Markets Index Fund
Investors of record on or about April 17, 2023 will receive a notice of meeting prior to a special meeting of investors to be held on or about June 5, 2023. If approved, the liquidation and termination of funds is expected to be executed on or about June 16, 2023.