Canada NewsWire
TORONTO , March 6, 2023 /CNW/ - As part of its ongoing efforts to streamline its product shelf for investors and advisors, Mackenzie Investments ("Mackenzie") today announced a series of fund mergers and proposed fund terminations.
The following mergers are expected to be implemented on or about June 16, 2023 . No action is required by investors.
Existing Fund (Terminating Fund) | To be merged into (Continuing Fund) |
Mackenzie Private Global Income Balanced Pool | Mackenzie Global Strategic Income Fund |
Mackenzie Private Income Balanced Pool | Mackenzie Strategic Income Fund |
Further, Mackenzie announced the proposed termination of the following Funds:
- Mackenzie Maximum Diversification All World Developed ex NA Index Fund
- Mackenzie Maximum Diversification Developed Europe Index Fund
- Mackenzie Maximum Diversification Emerging Markets Index Fund
Investors of record on or about April 17, 2023 will receive a notice of meeting prior to a special meeting of investors to be held on or about June 5, 2023 . If approved, the liquidation and termination of funds is expected to be executed on or about June 16, 2023 .
About Mackenzie InvestmentsMackenzie Investments is a leading investment management firm with $193.8 billion in assets under management as of January 31 , 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 $260 billion in total assets under management and advisement as of January 31, 2023 . For more information, visit mackenzieinvestments.com .
SOURCE Mackenzie Financial Corporation
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