Mackenzie announces investment objective changes and mergers for funds offered through Quadrus Investment Services Ltd.



    TORONTO, March 14 /CNW/ - Mackenzie Financial Corporation today announced
its intention to call special meetings of investors of various funds
distributed exclusively through Quadrus Investment Services Ltd.
    The following proposed changes capitalize on the elimination of the
foreign content limit:
    Investors of Quadrus Canadian Specialty Corporate Class will be asked to
consider a change to the investment objectives that would broaden the Fund's
Canadian scope and allow it to invest primarily in equity securities of
companies located within North America. Upon approval the Fund will be renamed
Quadrus North American Equity Corporate Class.
    Investors of LLIM US Growth Sectors Fund and LLIM US Equity Fund will be
asked to consider a merger into LLIM Canadian Diversified Equity Fund, subject
to regulatory approval. In conjunction with the merger, LLIM Canadian
Diversified Equity Fund will amend its investment strategies to allow it to
invest up to 49 per cent of its assets in foreign securities.
    Investors of GWLIM US Mid-Cap Fund will be asked to consider a merger
into GWLIM Canadian Mid-Cap Fund, subject to regulatory approval. Investors in
GWLIM Canadian Mid-Cap Fund will be asked to consider a change to the
investment objectives of the Fund that would allow the Fund to invest
primarily in publicly traded equity issues of small- to mid-capitalized
Canadian and U.S. companies. Upon approval the continuing Fund will be renamed
GWLIM North American Mid-Cap Fund.
    The special meetings for investors to consider the above changes are
scheduled for June 13, 2007.
    Investors of Quadrus AIM Canadian Equity Growth Fund will be asked to
consider a change to the investment objectives to allow the Fund to invest up
to 49 per cent of its assets in foreign securities. The meeting is scheduled
for July 25, 2007.
    In other changes, investors of Quadrus Trimark Balanced Fund will be
asked to consider a change to the investment objectives of the Fund to allow
for a multi-manager investment strategy of between three and six portfolio
management teams. GWL Investment Management Ltd. (GWLIM) will determine and
assign the Fund's target allocations to various asset classes. Initially,
GWLIM, London Capital Management Ltd., Laketon Investment Management Ltd. and
Setanta Asset Management Ltd. will receive equal allocations. Upon approval,
the Fund will be renamed Quadrus Partners Fund. This meeting is also scheduled
for June 13, 2007.
    Investors of Quadrus Templeton Canadian Equity Fund will be asked to
consider a merger with a newly-created Canadian value-oriented mandate within
Quadrus Corporate Class, subject to regulatory approval. The new Fund will be
launched with the renewal of the Quadrus Group of Funds simplified prospectus,
on or about June 26, 2007, and will be managed by Sionna Investment Managers.
The meeting is scheduled for July 25, 2007.
    Full details of the above changes and the issues to be determined at the
special meetings will be provided to current investors and may be obtained by
prospective investors from Mackenzie prior to the meetings.

    Mackenzie Investments: Mackenzie Investments was founded in 1967, and is
a leading investment management firm providing investment advisory and related
services. With $62.5 billion in assets under management, 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 over $121 billion in total assets under
management.

    Quadrus Investment Services Ltd.: Quadrus Investment Services Ltd. is one
of the largest mutual fund dealers in Canada with more than 3,600 registered
investment representatives. Quadrus is a full-service mutual fund dealer
associated with Freedom 55 Financial and The Great-West Life Assurance
Company.





For further information:

For further information: Catharine Marion or Mike Langdon, Environics
Communications Inc., (416) 969-2809, (416) 969-2820, cmarion@environicspr.com,
mlangdon@environicspr.com


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