TORONTO, March 14, 2016 /CNW/ - Mackenzie Financial Corporation (Mackenzie Investments) announced today that it will be changing the investment strategies of the Mackenzie US Mid Cap Growth Class effective on or about March 23, 2016.
The Prospectus will be amended to change the investment strategies of the fund in order to remove the restriction placed on hedging its foreign currency. Removing this restriction provides the portfolio manager of the fund with the flexibility to actively manage the foreign currency.
This change makes Mackenzie US Mid Cap Growth Class consistent with the rest of the Mackenzie Investments product shelf in that it will no longer be restricted from hedging its foreign currency.
This fund is also distributed by Quadrus Investment Services Ltd. and Laurentian Bank of Canada.
About Mackenzie Investments
Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $59.1 billion in assets under management as at February 29, 2016, Mackenzie Investments distributes its investment services through multiple distribution channels to both retail and institutional investors. 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 $129 billion in total assets under management as at February 29, 2016. For more information, visit mackenzieinvestments.com.
SOURCE Mackenzie Investments
For further information: Trish Tervit, Director, Communications and Media Relations, Mackenzie Investments, 416-967-2166, [email protected]