TORONTO, Feb. 24 /CNW/ - Mackenzie Financial Corporation (Mackenzie
Investments) today announced that effective March 31, 2011, Mackenzie
Focus Fund and Mackenzie Focus Class will be managed by five instead of
six portfolio management teams. Henderson Global Investors will no
longer sub-advise to the funds. The funds' portfolio management teams
and mandates will consist of:
Mackenzie Cundill team - Global fundamental value;
Mackenzie Ivy team - Pan-European value-growth blend (formerly Global
Mackenzie Universal Growth team - Pan-Pacific region growth;
Waddell & Reed Financial, Inc. - U.S. large cap dividend; and,
Waddell & Reed Financial, Inc. - U.S. large cap growth.
Each portfolio management team of Mackenzie Focus Fund and Mackenzie
Focus Class selects approximately 10 securities within their style
specialty/geographic focus to build a globally diversified portfolio.
Mackenzie Investments: Mackenzie Investments was founded in 1967, and is a leading investment
management firm providing investment advisory and related services.
With $68.9 billion in assets under management as of January 31, 2011,
Mackenzie Investments distributes its services through a diversified
network of third-party financial advisors. 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
$131 billion in total assets under management as of January 31, 2011.
SOURCE Mackenzie Financial Corporation
For further information:
Environics Communications Inc.