Mackenzie Investments Announces Management Change to Mackenzie Focus Far East Class

    Mark Grammer to assume Asia, ex-Japan mandate

    TORONTO, Oct. 17 /CNW/ - Mackenzie Financial Corporation (Mackenzie
Investments), part of IGM Financial Inc. (TSX:IGM), today announced its
intention to make a management change to Mackenzie Focus Far East Class,
subject to obtaining required approvals. Effective November 16, 2007, industry
veteran Mark Grammer, Vice President, Investments at Mackenzie Financial,
joins the portfolio management team for the Fund.
    With 16 years of investment experience, Mark is lead manager of Mackenzie
Universal Global Growth Class and co-manager of Mackenzie Universal Global
Infrastructure Fund and Mackenzie Focus Japan Class. Prior to joining
Mackenzie in 2003, Mark was Vice President, International Equities and co-head
of the global equity team at a major mutual fund company.
    Mark will share responsibility for selecting a concentrated portfolio of
Asian equity securities alongside portfolio managers from Henderson Global
Investors, Mackenzie Cundill Investment Management Ltd. and RCM Asia Pacific
    "We expect Mark's extensive Asian investment experience to be a valuable
addition to Focus Far East," says David Feather, President of Mackenzie
Financial Services Inc. "As well, Mark's growth investment style will provide
a better balance between value managers and growth managers in the portfolio."

    Mackenzie Investments: Mackenzie Investments was founded in 1967, and is
a leading investment management firm providing investment advisory and related
services. With $63.5 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 $124 billion in total assets under

For further information:

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

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