Mackenzie broadens tax-smart Series T offerings by adding flagship funds



    Tax-efficient income options now available on more funds and asset
    allocation programs

    TORONTO, April 3 /CNW/ - Mackenzie Financial Corporation announced that
it is launching new Series T options on a select number of its existing
flagship mutual funds. The new series options will be available starting
today.

    Series T option on three core funds

    A new Series T option will now be available on three core equity funds in
the Mackenzie lineup: Mackenzie Cundill Canadian Security Fund, Mackenzie Ivy
Canadian Fund and Mackenzie Ivy Foreign Equity Fund.
    Mackenzie Series T, with these new additions, now consists of 18 funds,
each structured to pay a monthly distribution at an annualized rate of 8 per
cent based on calendar year-end net asset value (NAV). This amount may be
adjusted annually. Series T distributions are made up, in part, of return of
capital (ROC), which is not taxable in the current year. Instead, ROC reduces
the adjusted cost base, thus deferring taxes until such time as the investment
is sold. Investors therefore receive a regular tax-efficient cash flow without
redeeming units and without triggering personal capital gains.
    "Our Series T funds are suitable for investors seeking tax-deferred cash
flow," said David Feather, president, Mackenzie Financial Services. "And we're
pleased to expand the choice to include the series on three more well-known,
conservative equity funds."
    The Series will be launched with a $15.00 NAV, with the first $0.10
monthly distribution to be paid on April 27, 2007. They will be available for
sale on a front-end, back-end and low-load basis.

    Series P: Tax-effective distributions designed to work with dealer
    sponsored fee-for-service or wrap programs

    Along with expanding its Series T lineup, Mackenzie is expanding its
Series T-style option for investors in dealer-sponsored fee-for-service or
wrap programs.
    Called Series P, the option has been available since December 2005 on
Mackenzie Cundill Canadian Balanced Fund and Mackenzie Ivy Growth & Income
Fund. Starting today, Series P is available on all Mackenzie funds available
in Series T, with the exception of Keystone Balanced Portfolio Fund, Keystone
Balanced Growth Portfolio Fund, Keystone Diversified Income Portfolio Fund and
Keystone Conservative Portfolio Fund.

    
    -------------------------------------------------------------------------
    Fund                                                  Series T  Series P
    -------------------------------------------------------------------------
    Mackenzie Balanced Fund                                  X         X
    -------------------------------------------------------------------------
    Mackenzie Founders Fund                                  X         X
    -------------------------------------------------------------------------
    Mackenzie Cundill Canadian Balanced Fund                 X         X
    -------------------------------------------------------------------------
    Mackenzie Cundill Canadian Security Fund                 X         X
    -------------------------------------------------------------------------
    Mackenzie Cundill Value Fund(*)                          X         X
    -------------------------------------------------------------------------
    Mackenzie Cundill Global Balanced Fund(*)                X         X
    -------------------------------------------------------------------------
    Mackenzie Ivy Canadian Fund                              X         X
    -------------------------------------------------------------------------
    Mackenzie Ivy Foreign Equity Fund                        X         X
    -------------------------------------------------------------------------
    Mackenzie Ivy Global Balanced Fund(*)                    X         X
    -------------------------------------------------------------------------
    Mackenzie Ivy Growth & Income Fund                       X         X
    -------------------------------------------------------------------------
    Mackenzie Maxxum Canadian Balanced Fund                  X         X
    -------------------------------------------------------------------------
    Mackenzie Maxxum Dividend Fund                           X         X
    -------------------------------------------------------------------------
    Mackenzie Maxxum Monthly Income Fund                     X         X
    -------------------------------------------------------------------------
    Mackenzie Universal Canadian Balanced Fund               X         X
    -------------------------------------------------------------------------
    Keystone Balanced Portfolio Fund                         X
    -------------------------------------------------------------------------
    Keystone Balanced Growth Portfolio Fund                  X
    -------------------------------------------------------------------------
    Keystone Diversified Income Portfolio Fund               X
    -------------------------------------------------------------------------
    Keystone Conservative Portfolio Fund                     X
    -------------------------------------------------------------------------
    (*) Also available in US $
    


    Mackenzie Investments: Mackenzie Investments was founded in 1967, and is
a leading investment management firm providing investment advisory and related
services. With $63.7 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 $123 billion in total assets under
management.

    Sales commissions, trailing commissions, management fees and expenses all
may be associated with mutual fund investments. Please read the prospectus
before investing. Mutual funds are not guaranteed, their values change
frequently and past performance may not be repeated.





For further information:

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


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