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home / news releases / IGM:CC - Mackenzie Investments Announces Risk Rating Changes for Select ETFs


IGM:CC - Mackenzie Investments Announces Risk Rating Changes for Select ETFs

Canada NewsWire

TORONTO , July 24, 2023 /CNW/ - Mackenzie Investments ("Mackenzie") today announced changes to the risk ratings of select exchange traded funds ("ETFs"), effective on or about July 27, 2023 .

Mackenzie reviews and adjusts risk ratings in accordance with the Risk Classification Methodology mandated by the Canadian securities regulators. The risk rating of the following ETFs will change as outlined below. There are no changes to the investment strategies of these ETFs.

Fund Name

Current Risk Rating

New Risk Rating

Mackenzie Canadian Equity Index ETF

Low to Medium

Medium

Mackenzie Canadian Large Cap Equity Index ETF

Low to Medium

Medium

Mackenzie Floating Rate Income ETF

Low to Medium

Low

Mackenzie Global High Yield Fixed Income ETF

Low to Medium

Low

Mackenzie Global Women's Leadership ETF

Low to Medium

Medium

Mackenzie US Investment Grade Corporate Bond Index ETF (CAD-Hedged)

Low

Low to Medium

Mackenzie Conservative Allocation ETF

Low

Low to Medium

About Mackenzie Investments

Mackenzie Investments is a leading investment management firm with $193 billion in assets under management as of June 30 , 2023. Mackenzie provides investment solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, Mackenzie is a global asset manager with offices across Canada as well as in Boston , Dublin , London , Hong Kong and Beijing . Mackenzie is a member of IGM Financial Inc. (TSX: IGM), one of Canada's premier financial services companies with approximately $261 billion in total assets under management and advisement as of June 30, 2023 . For more information, visit mackenzieinvestments.com .

SOURCE Mackenzie Financial Corporation

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2023/24/c6986.html

Stock Information

Company Name: IGM Financial Inc.
Stock Symbol: IGM:CC
Market: TSXC
Website: igmfinancial.com

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