TORONTO, March 31 /CNW/ - Mackenzie Financial Corporation is pleased to
announce that it has completed the distribution of Series A shares of
Mackenzie Sentinel Canadian Managed Yield Class (the "Fund") that resulted
from the dissolution of MSP 2006 Resource LP (the "Partnership"). The
Partnership acquired the Fund shares on March 27, 2008 in exchange for the
transfer of its assets to Mackenzie Financial Capital Corporation
("Capitalcorp"). These transfers occurred on a tax-deferred basis.
Each investor in the Partnership received 1.4269 Fund shares for each
Partnership unit held. This ratio was determined using the net asset value of
the Partnership on March 27, 2008, which was $15.8412 per unit.
The Fund is a mutual fund that is a class of redeemable shares of
Capitalcorp, a multi-class mutual fund corporation. The investment strategy of
the Fund is to earn a tax-efficient return that approximates the rate of
return provided by bankers' acceptances.
The Fund is one of 48 separate classes of mutual fund shares currently
offered by Capitalcorp, which include a broad range of investment mandates and
portfolio managers. Shareholders of Capitalcorp are permitted to switch
between most Capitalcorp mutual funds, and all switches occur on a
Mackenzie Financial Corporation, a part of IGM Financial Inc. (TSX:IGM)
and a member of the Power Financial Corporation group of companies, is the
manager of the Partnership. Mackenzie, founded in 1967, manages approximately
$60.3 billion of assets for more than one million investors.
To learn more, please contact your financial advisor or visit the MSP
website at www.mackenziefinancial.com/msp.
For further information:
For further information: Catharine Marion, Environics Communications
Inc., (416) 969-2809, firstname.lastname@example.org