Mackenzie announces Keystone fund mergers

    TORONTO, July 28 /CNW/ - Mackenzie Investments today announced that
Keystone Global Equity Fund (formerly Keystone AIM Trimark Global Equity Fund)
has been merged into Mackenzie Universal Global Growth Class, and Keystone
Diversified Income Portfolio Fund has been merged into Keystone Conservative
Portfolio Fund. The mergers have consolidated funds that had similar
objectives and strategies.
    The mergers were reviewed and approved by the Funds' Independent Review
Committee and notice of the mergers has been provided to investors of Keystone
Global Equity Fund and Keystone Diversified Income Portfolio Fund.

    Mackenzie Investments: Mackenzie Investments was founded in 1967, and is
a leading investment management firm providing investment advisory and related
services. With $61.2 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 $119 billion in total assets under

For further information:

For further information: Catharine Marion, Environics Communications,
(416) 969-2809,

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