Mackenzie Investments wins multiple Lipper® Awards

Mackenzie Cundill Value Fund and Mackenzie Sentinel Income Fund win for third year in a row; Mackenzie Cundill Recovery Fund wins for second consecutive year

TORONTO, Feb. 4 /CNW/ - Mackenzie Investments has been recognized for industry leading fund performance at the prestigious 2011 Lipper® Fund Award ceremony, held February 3rd in Toronto. The Awards recognize the top funds in each classification that have delivered stronger and more consistent performance than their peers.

Lipper's proprietary fund rating methodology is used to determine the winners. This quantitative approach ensures that the Lipper Awards are performance-based and objective.

The Mackenzie funds recognized as part of this year's Lipper® Awards include:

Best 10-year performance

Mackenzie Sentinel Income Fund Canadian Fixed Income Balanced
Mackenzie Cundill Value Fund Global Equity
Mackenzie Cundill Recovery Fund Global Small/Mid Cap Equity

Best 3-year performance

Mackenzie Ivy European Class European Equity
Mackenzie Universal U.S. Emerging Growth Class U.S. Small/Mid Cap Equity

Best 1-year performance

Mackenzie Sentinel Registered Strategic Income Fund Canadian Neutral Balanced
Mackenzie Cundill Emerging Markets Value Class Emerging Markets Equity

Mackenzie Cundill Value Fund and Mackenzie Sentinel Income Fund were honoured with best 10-year risk-adjusted performance for the third year in a row. Two of Mackenzie's longest standing, most recognized funds, both Mackenzie Cundill Value Fund and Mackenzie Sentinel Income Fund have been helping clients meet their investment goals for over 36 years. "We are very proud of the portfolio managers of these funds, who maintained top performance in their categories over what has been a challenging decade," said Charles R. Sims, President and Chief Executive Officer of Mackenzie Financial Corporation.

Andrew Massie and David Tiley co-manage Mackenzie Cundill Value Fund, working together to identify the best investment ideas for the fund. Mackenzie Sentinel Income Fund combines the investment talents of Norman Raschkowan, team lead of Mackenzie Maxxum Funds, and Steve Locke, co-lead of the Sentinel Group of Funds. Raschkowan manages the equity portion of the fund, while Locke manages the fixed income portion.

Mackenzie Sentinel Registered Strategic Income Fund, managed by Dan Bastasic, co-lead of the Sentinel team, received the award for best 1-year performance in the Canadian Neutral Balanced category.

James Morton is portfolio manager for two of our Lipper Award winners: Mackenzie Cundill Recovery Fund and Mackenzie Cundill Emerging Markets Value Class. A repeat winner, Mackenzie Cundill Recovery Fund received the 2011 Lipper Award for best 10-year performance in the Global Small/Mid Cap category, following its award for best 1-year performance in the same category last year. "We are fortunate to have such a capable manager at the helm of these funds. James has more than 30 years of investment experience, and his extensive knowledge and understanding of emerging markets and recovery situations is invaluable," said Sims.

"We are also pleased that the hard work and results of Paul Musson and Gil Scott have been recognized," added Sims. Musson is portfolio manager of Mackenzie Ivy European Class; Scott is from Mackenzie sub-advisor Waddell & Reed and is portfolio manager of Mackenzie Universal US Emerging Growth Class. Both of these funds garnered best 3-year performance awards. 

About the Lipper® Fund Awards
The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world's top funds, hedge funds, fund management firms, sell-side firms, research analysts, and investor relations teams. The Thomson Reuters Awards for Excellence also include the Lipper Hedge Fund Awards, the Extel Survey Awards, the StarMine Analyst Awards, and the StarMine Broker Rankings.

Mackenzie Investments

Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $68.9 billion in assets under management as of January 31, 2011, 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 $131 billion in total assets under management as of January 31, 2011.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mackenzie Sentinel Income Fund Series A: 1 yr. 7.2%, 3 yr. 3.7%, 5 yr. 3.4%. 10 yr. 5.4%; Mackenzie Cundill Value Fund Series C: 1 yr. 16.9%, 3 yr. -0.3%, 5 yr. 0.5%. 10 yr. 4.6%; Mackenzie Cundill Recovery Fund Series C: 1 yr. 28.7%, 3 yr. 1.1%, 5 yr. 7.0%. 10 yr. 12.2%; Mackenzie Ivy European Class: 1 yr. 1.3%, 3 yr. 1.7%, 5 yr. 4.1%. Since incep. (Nov. 2002) 3.9%; Mackenzie Universal US Emerging Growth Class: 1 yr. 27.9%, 3 yr. 9.2%, 5 yr. 1.5%. 10 yr. -4.2%; Mackenzie Sentinel Registered Strategic Income Fund: 1 yr. 17.7%, 3 yr. 8.0%, Since incep. (Dec. 2005) 5.6%; Mackenzie Cundill Emerging Markets Value Class A: 1 yr. 25.0%, 3 yr. -8.9%, Since incep. (April 2007) -6.9%. The indicated rates of return are the historical annual compounded total returns as of January 31, 2011 including changes in unit value and reinvestment of all dividends or distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

SOURCE Mackenzie Financial Corporation

For further information:

Trish Tervit
Environics Communications Inc.


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