TORONTO, Feb. 27, 2012 /CNW/ - Mackenzie Financial Corporation
("Mackenzie Investments") is pleased to announce that on or about March
22, 2012, MSP 2010 Resource LP (the "Partnership") will transfer
substantially all of its assets to Mackenzie Financial Capital
Corporation ("Capitalcorp"). In exchange, Capitalcorp will issue to
the Partnership a number of shares of Mackenzie Universal World
Resource Class (the "Fund") having the same aggregate value as the
aggregate value of the assets transferred by the Partnership. On or
about March 23, 2012, the Partnership will be dissolved, with the
result that Limited Partners of the Partnership will become
shareholders of the Fund. Appropriate tax elections will be made so
that these transfers occur on a tax-deferred basis.
The Fund is a mutual fund that is a class of redeemable shares of
Capitalcorp, a multi-class mutual fund corporation. The Fund pursues
long-term capital growth primarily from investment in shares of
companies operating anywhere in the world in the energy and natural
resources industries. The Fund is one of 56 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 tax-deferred basis.
Mackenzie Investments was founded in 1967, and is a leading investment
management firm providing investment advisory and related services.
With $63.4 billion in assets under management as of January 31, 2012,
Mackenzie Investments distributes its investment services through
multiple distribution channels to both retail and institutional
investors. 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 approximately $122.0 billion in total
assets under management as of January 31, 2012.
To learn more, please contact your financial advisor or visit the MSP
website at www.mackenziefinancial.com/msp.
SOURCE Mackenzie Investments
For further information:
Environics Communications Inc.