Skip Navigation

Mackenzie Investments offers three new alternative funds for investors to diversify sources of return and improve portfolio stability

TORONTO ­– February 26, 2019 – Mackenzie Investments announced today the launch of three new liquid alternative funds designed to manage the negative impact of market volatility and improve portfolio stability. These funds join the Mackenzie Multi-Strategy Absolute Return Fund to form a suite of alternative solutions that can be used to help clients solve investment challenges by amplifying returns, mitigating volatility and managing inflation risk over the long term.

“We can now take a modern approach to portfolio construction that will create opportunities for stronger, better-diversified portfolios and outcomes for our investors,” said Michael Schnitman, Senior Vice-President, Product at Mackenzie Investments. “By using liquid alternatives’ winning combination of more diversification and lower correlation to the markets, we can help provide investors with improved portfolio stability with less reliance on market direction.

The new, global-focused additions to Mackenzie’s alternative mutual fund suite include:

Fund name

About the Fund

Mackenzie Credit Absolute Return Fund

Seeks to deliver a positive total return over a rolling 5-year period by investing in fixed income securities.

Mackenzie Global Macro Fund

Seeks strong and diversified returns by taking long and short positions in equity securities, fixed-income securities, commodities and/or currencies.

Mackenzie Global Long/Short Equity Alpha Fund

Takes long and short positions in equity securities of companies anywhere in the world.

Liquid alternative investments are new tools for Canadian retail investors to enhance diversification. The availability of liquid alternatives within a mutual fund structure provides greater access to sophisticated strategies that can be added to a well-rounded portfolio to decrease volatility.

“With Mackenzie’s new alternative mutual funds, advisors have more options to enhance an investor’s portfolio to perform in today’s volatile markets and any market scenario of tomorrow,” said Barry McInerney, President & CEO, Mackenzie Investments. “Our alternative solutions open up new options for investors, so that they can be better positioned to reach their long-term financial goals.”

The three new alternative funds are now available for sale.

 

About Mackenzie Investments
Mackenzie Investments was founded in 1967 and is a leading investment management firm providing investment advisory and related services. With $134.6 billion in assets under management as of January 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 $154.3 billion in total assets under management as of January 31, 2019.

For further information, please contact:

Nini Krishnappa
Mackenzie Investments
647-828-2553
[email protected]