TORONTO, Sept. 29, 2026 /CNW/ -- Mackenzie Investments ("Mackenzie") today announced changes to the investment strategies of Mackenzie Bluewater Canadian Growth Balanced Fund and Mackenzie Canadian Value Balanced Fund (formerly Mackenzie Cundill Canadian Balanced Fund), and changes to the risk ratings of select mutual funds.
Investment strategies changes
The investment strategies of Mackenzie Bluewater Canadian Growth Balanced Fund and Mackenzie Canadian Value Balanced Fund have each been updated to increase the maximum percentage of foreign securities to 49%. This is being done to allow the Funds to include additional global investment opportunities that support their respective investment objectives. The changes are effective September 29, 2026.
There are no changes to the Funds' investment objectives, investment philosophy, process or portfolio management approach.
Risk rating changes
Mackenzie reviews and adjusts risk ratings in accordance with the Risk Classification Methodology prescribed by Canadian securities regulators. As a result of this review, the risk rating of the following mutual funds will change as outlined below, effective September 29, 2026. There are no changes to the investment strategy of these mutual funds.
Fund name |
Current risk rating |
New risk rating |
Mackenzie GQE Emerging Markets ex-China Equity Fund |
Medium |
Medium to High |
Mackenzie Ivy European Fund |
Low to Medium |
Medium |
Symmetry Conservative Income Portfolio |
Low |
Low to Medium |
Mackenzie Global Dividend Enhanced Yield Plus Fund |
Medium |
Low to Medium |
Mackenzie Income Fund |
Low to Medium |
Low |
Mackenzie International Dividend Fund |
Medium |
Low to Medium |
About Mackenzie Investments
Mackenzie Investments ("Mackenzie") is a Canadian investment management firm with approximately $270 billion in assets under management as of August 31, 2026. Mackenzie seeks to create a more invested world by delivering strong investment performance and offering innovative portfolio solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, it is a global asset manager with offices across Canada as well as in Beijing, Boston, Dublin, Hong Kong and London. Mackenzie is a member of IGM Financial Inc. (TSX: IGM), part of the Power Corporation group of companies and one of Canada's leading diversified wealth and asset management organizations with approximately $346 billion in total assets under management and advisement as of August 31, 2026. For more information, visit mackenzieinvestments.com.
SOURCE Mackenzie Financial Corporation
Media Inquiries: Hilary Bassett, 416-951-7558, [email protected]
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