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TORONTO – April 9, 2020 – Mackenzie Investments and Quadrus Investment Services Ltd. today announced two sub-advisor changes for three funds as part of their ongoing efforts to offer investors relevant, competitive and well-positioned product offerings through the Quadrus Group of Funds.
The following fund will have a change in sub-advisor effective April 9, 2020:
Impacted Fund | Current Sub-advisor | New Sub-advisor |
| Focused Canadian Equity Class (CGOV) | CGOV Asset Management | Beutel Goodman & Company Ltd. |
The following funds will have a change in sub-advisor effective April 23, 2020:
Impacted Fund | Current Sub-advisor | New Sub-advisor |
| International Core Equity Fund (Putnam) | Putnam Investments Limited | JP Morgan Asset Management (Canada) Inc. |
| International Core Equity Class (Putnam) | Putnam Investments Limited | JP Morgan Asset Management (Canada) Inc. |
About Quadrus Investment Services Ltd.
Quadrus Investment Services Ltd. ("Quadrus") is one of the largest mutual fund dealers in Canada. Quadrus is a member of the Great-West Lifeco Inc. group of companies, which includes The Canada Life Assurance Company. Quadrus Group of Funds is distributed exclusively through Quadrus Investment Services Ltd.
About Quadrus Group of Funds
Quadrus Group of Funds is managed by Mackenzie Investments and distributed exclusively through Quadrus Investment Services Ltd. 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.
About Mackenzie Investments
Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $126.2 billion in assets under management as of March 31, 2020, 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 $147.5 billion in total assets under management as of March 31, 2020. For more information, visit mackenzieinvestments.com.
For further information, please contact:
Rebecca Ellison
Mackenzie Investments
647-983-4963
rellison@mackenzieinvestments.com