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TORONTO – July 25, 2019
Mackenzie Investments announced the results of special meetings held yesterday where investors approved two fund mergers that will streamline Mackenzie’s product shelf and make it easier for investors to navigate:
Existing fund (terminating fund) | To be merged into (continuing fund) |
Mackenzie Canadian Balanced Fund | |
Mackenzie US Strategic Income Fund |
The mergers will take effect on or about August 16, 2019.
Change to fund investment objectives and name
At the special meetings, investors also approved changes to the investment objectives of Mackenzie Canadian Resource Fund. On or about August 16, 2019 the fund’s new investment objectives will take effect and the fund will be renamed Mackenzie Global Resource Fund.
For more information on the mergers and investment objective changes, please visit Mackenzieinvestments.com/2019mergers.
About Mackenzie Investments
Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $136.5 billion in assets under management as of May 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 $159.1 billion in total assets under management as of May 31, 2019. For more information, visit mackenzieinvestments.com.
For further information, please contact:
Nini Krishnappa
Mackenzie Investments
647-828-2553
Nini.Krishnappa@igmfinancial.com