Mackenzie Investments announces change to Mackenzie Universal Canadian Balanced Fund

TORONTO, Sept. 22, 2011 /CNW/ - Mackenzie Financial Corporation (Mackenzie Investments) today announced that effective on or about October 1, 2011, the Mackenzie Sentinel investment team will be appointed to manage the fixed income portion of Mackenzie Universal Canadian Balanced Fund.

Bluewater Investment Management will continue to manage the equity portion of the Fund. The change allows the Sentinel investment team to leverage its existing fixed income capabilities, while enabling the Bluewater team to focus on their core strength of Canadian equities.

Steve Locke, Sentinel investment Team Lead, will have lead portfolio management responsibility for the fixed income mandate. Steve has over 17 years of investment experience working with both institutional and retail bond portfolios.  Together, the Sentinel team has great depth and breadth of experience in government, corporate, high yield, money market and other fixed income investments. Steve and his team currently manage more than $13 billion in Mackenzie fixed income assets.

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 as of August 31, 2011, 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 $123 billion in total assets under management as of August 31, 2011. For more information, visit

SOURCE Mackenzie Investments

For further information:

Trish Tervit
Environics Communications

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