Mackenzie announces investment objective changes and mergers for funds offered through Quadrus Investment Services Ltd.

    TORONTO, June 13 /CNW/ - Mackenzie Financial Corporation (Mackenzie
Investments) today announced that investors have approved investment objective
changes and mergers of various funds distributed exclusively through Quadrus
Investment Services Ltd.
    The following proposed changes capitalize on the elimination of the
foreign content limit and will be effective as of June 15, 2007:
    Investors of Quadrus Canadian Specialty Corporate Class have approved a
change to the investment objectives that will broaden the Fund's Canadian
scope and allow it to invest primarily in equity securities of companies
located within North America. The Fund will be renamed Quadrus North American
Specialty Corporate Class.
    Investors of LLIM US Growth Sectors Fund and LLIM US Equity Fund have
approved a merger into LLIM Canadian Diversified Equity Fund. In conjunction
with the merger, LLIM Canadian Diversified Equity Fund will amend its
investment strategies to allow it to invest up to 49 per cent of its assets in
foreign securities.
    Investors of GWLIM US Mid-Cap Fund have approved a merger into GWLIM
Canadian Mid-Cap Fund. Investors in GWLIM Canadian Mid-Cap Fund have approved
a change to the investment objectives of the Fund that will allow the Fund to
invest primarily in publicly traded equity issues of small- to mid-capitalized
Canadian and U.S. companies. The continuing Fund will be renamed GWLIM North
American Mid-Cap Fund.
    In other changes, Quadrus Trimark Balanced Fund will be closed to new
purchases effective June 26, 2007.

    Mackenzie Investments: Mackenzie Investments was founded in 1967, and is
a leading investment management firm providing investment advisory and related
services. With $65.0 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 $126 billion in total assets under

    Quadrus Investment Services Ltd.: Quadrus Investment Services Ltd. is one
of the largest mutual fund dealers in Canada with more than 3,600 registered
investment representatives. Quadrus is a full-service mutual fund dealer
associated with Freedom 55 Financial and The Great-West Life Assurance

For further information:

For further information: Catharine Marion or Mike Langdon, Environics
Communications Inc., (416) 969-2809, (416) 969-2820,,

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