Mackenzie announces results of special meeting of investors



    TORONTO, Sept. 22 /CNW/ - Mackenzie Financial Corporation (Mackenzie
Investments) announced the results of a special meeting held today of
investors of Putnam Canadian Money Market Fund, Putnam Canadian Bond Fund,
Putnam Canadian Balanced Fund, Putnam U.S. Voyager Fund, Putnam U.S. Value
Fund, Putnam International Equity Fund, Keystone Sceptre Canadian Large Cap
Fund, Keystone Sceptre Canadian Small Cap Fund and Mackenzie Putnam Global
Equity Fund, to consider and vote on proposed resolutions.
    Investors of Putnam Canadian Money Market Fund, Putnam Canadian Bond
Fund, Putnam Canadian Balanced Fund, Putnam U.S. Voyager Fund, Putnam U.S.
Value Fund and Putnam International Equity Fund approved a resolution to merge
the funds into Mackenzie funds with similar mandates, as shown in the table
below:

    
    -------------------------------------------------------------------------
    Existing Putnam fund                 Target Mackenzie fund
    -------------------------------------------------------------------------
    Putnam Canadian Money Market Fund    Mackenzie Sentinel Money Market Fund
    -------------------------------------------------------------------------
    Putnam Canadian Bond Fund            Mackenzie Sentinel Bond Fund
    -------------------------------------------------------------------------
    Putnam Canadian Balanced Fund        Mackenzie Maxxum Canadian Balanced
                                         Fund
    -------------------------------------------------------------------------
    Putnam U.S. Voyager Fund(*)          Mackenzie Universal U.S. Growth
                                         Leaders (Unhedged) Class
    -------------------------------------------------------------------------
    Putnam U.S. Value Fund               Mackenzie Universal U.S. Blue Chip
                                         Class
    -------------------------------------------------------------------------
    Putnam International Equity Fund(*)  Mackenzie Focus International Class
    -------------------------------------------------------------------------
    (*) Distinct fund for Canadian investors only and unrelated to Putnam US
        sold funds.
    

    Concurrent with the merger of Putnam International Equity Fund into
Mackenzie Focus International Class, Mackenzie intends to appoint Putnam
Investments as one of four sub-advisors to Mackenzie Focus International
Class.
    Investors in Keystone Sceptre Canadian Large Cap Fund (formerly Putnam
Canadian Equity Fund), Keystone Sceptre Canadian Small Cap Fund (formerly
Putnam Canadian Equity Growth Fund) and Mackenzie Putnam Global Equity Fund
(formerly Putnam Global Equity Fund) approved a resolution to change the
funds' method for calculating operating expenses such that the funds will
adopt a fixed rate administration fee structure utilized by the Mackenzie
family of mutual funds. In addition, Deloitte & Touche LLP will be appointed
as the auditors of the three newly named funds.
    All of the aforementioned changes are expected to be effective on or
about September 26, 2008.

    Mackenzie Investments: Mackenzie Investments was founded in 1967, and is
a leading investment management firm providing investment advisory and related
services. With $59.8 billion in assets under management as of August 31, 2008,
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 $118 billion in total
assets under management as of August 31, 2008.




For further information:

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


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