Mackenzie introduces Series T and P to Symmetry Portfolio Service

    New option increases flexibility and tax-efficiency of program

    TORONTO, Jan. 28 /CNW/ - Mackenzie Investments today announced the launch
of Series T and P shares, which provide investors with regular, tax-efficient
cash flow, on the equity and fixed income pools of Symmetry Portfolio Service
(Symmetry). Symmetry is a sophisticated managed portfolio solution for
investors with $25,000 or more to invest.
    Series T shares provide regular monthly payments in the form of return of
capital, which is tax-deferred. Series P offers the same monthly distribution
through a dealer-sponsored wrap program.
    "Symmetry has always offered custom portfolio design, professional
management, continuous monitoring and rebalancing," says David Feather,
President of Mackenzie Financial Services Inc. "Adding Series T and P greatly
enhances the flexibility of the program, giving investors and their advisors
the ability to create high-quality, tax- efficient portfolios that pay out
monthly income."
    Symmetry Equity Class and Symmetry Managed Return Class are part of
Mackenzie's Capital Class structure, which enables investors to switch between
different funds in the structure without triggering immediate capital gains.
As a result, Symmetry investors have the flexibility to rebalance their
portfolio to an optimal asset mix without incurring the tax consequences often
associated with rebalancing.

    Choice of payout rates

    Series T shares give investors the flexibility to tailor their income to
their personal circumstances. Investors can choose between a 6% annualized
distribution "(Series T6)" and an 8% annualized distribution "(Series T8 and
P)", and can create any level of income up to 8% by combining an investment in
Series T shares with an investment in another series.

    Baby boomers target market

    Although earning income and deferring tax can be a good strategy for
investors of any age, it is especially important for baby boomers approaching
retirement. "Deferring taxes not only leaves more funds available to compound
and keep growing, it provides investors with control over when to trigger
their tax liability. The new Symmetry Series gives baby boomers the chance to
defer tax until they retire, when they will likely be in a lower tax bracket,"
says Feather.

    Mackenzie Investments: Mackenzie Investments was founded in 1967, and is
a leading investment management firm providing investment advisory and related
services. With $63.3 billion in assets under management as of December 31,
2007, 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 $123 billion in total
assets under management as of December 31, 2007.

    Commissions, trailing commissions, management fees and expenses all may
be associated with mutual fund investments. Please read the prospectus before
investing. Mutual funds are not guaranteed, their values change frequently and
past performance may not be repeated.

For further information:

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

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