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TORONTO – April 26, 2019 – Mackenzie Investments is streamlining its product shelf with the announcement of three mergers.
The proposed mergers, to be implemented on or about August 16, 2019, are:
Existing Fund (terminating) | To be merged into (continuing Fund) |
Mackenzie Canadian Balanced Fund1 | Mackenzie Strategic Income Fund |
Mackenzie US Strategic Income Fund1 | Mackenzie Global Strategic Income Fund |
Mackenzie US Dividend Registered Fund | Mackenzie US Dividend Fund |
Additional proposed change
Investors of Mackenzie Canadian Resource Fund1 are being asked to approve a change to the Fund’s investment objectives that will enable the Fund to invest in shares of resource companies operating anywhere in the world.2
About Mackenzie Investments
Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $140.1 billion in assets under management as of March 31, 2019, 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 $160.7 billion in total assets under management as of March 31, 2019. For more information, visit mackenzieinvestments.com.
For further information, please contact:
Nini Krishnappa
Mackenzie Investments
647-828-2553
Nini.Krishnappa@igmfinancial.com