Mackenzie calls special investor meeting for Mackenzie Focus America Class

    TORONTO, July 23 /CNW/ - Mackenzie Financial Corporation (Mackenzie
Investments) today scheduled a special meeting of investors in Mackenzie Focus
America Class. The purpose of this meeting is to consider and vote on a
proposed merger of the Fund into Mackenzie Universal U.S. Blue Chip Class. The
meeting will be held on September 19, 2008 at Mackenzie's head office in
    The merger is conditional upon investor approval. Full details about the
proposed merger will be outlined in a Management Information Circular and
Proxy that will be sent on or about August 29, 2008 to all investors of record
in the Fund. Prospective investors may obtain these materials from Mackenzie
prior to the meeting. The merger is expected to be effective on or about
September 26, 2008.

    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
Inc., (416) 969-2809,

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