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Mackenzie Investments announces approval of mergers to streamline and strengthen product shelf

TORONTO – June 25, 2018 — Mackenzie Investments announced today that the mergers that required investor approval were approved at special meetings held on June 22, 2018 and will be implemented on or about July 6, 2018. The mergers streamline and strengthen Mackenzie’s product shelf.

The list of mergers include:

Existing fund (terminating fund)To be merged into (continuing fund)
Mackenzie Canadian Money Market ClassMackenzie Canadian Money Market Fund
Mackenzie Ivy International Equity FundMackenzie Ivy International Fund
Mackenzie US Low Volatility FundMackenzie High Diversification US Equity Fund
Mackenzie Global Low Volatility FundMackenzie High Diversification Global Equity Fund
Mackenzie Cundill Recovery FundMackenzie Cundill Value Fund
Mackenzie Cundill Recovery ClassMackenzie Cundill Value Class
Mackenzie Emerging Markets Opportunities ClassMackenzie Emerging Markets Class
Mackenzie US Large Cap ClassMackenzie US Growth Class
Mackenzie Canadian All Cap Dividend Growth FundMackenzie Canadian Growth Fund
Mackenzie Canadian All Cap Balanced ClassMackenzie Canadian Growth Balanced Class

Also approved at the meetings were changes to the investment objectives of Mackenzie Income Fund and Mackenzie Short-Term Income Fund. Their investment objectives will change to fully capitalize on our fixed income capabilities.

For more information on the mergers and investment objective changes, visit Mackenzieinvestments.com/mergers2018.

About Mackenzie Investments
Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $127.9 billion in assets under management as of May 31, 2018, Mackenzie Investments distributes its investment services through multiple distribution channels to both retail and institutional investors. Mackenzie Investments is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada's premier financial services companies with $157.7 billion in total assets under management as of May 31, 2018.

For further information, please contact:

Trish Tervit
Director, Communications and Media Relations
Mackenzie Investments
416-967-2166
ttervit@mackenzieinvestments.com