Mackenzie Investments Announces Management Change to Mackenzie Focus Japan Class

    TORONTO, Feb. 29 /CNW/ - Mackenzie Financial Corporation (Mackenzie
Investments) today announced its intention to make a management change to
Mackenzie Focus Japan Class, reducing the number of portfolio management teams
actively advising the Fund from five to four. Effective March 31, 2008, JP
Morgan Asset Management will no longer sub-advise to the Fund.
    A multi-manager fund, that component of Mackenzie Focus Japan Class will
now be reallocated in equal portions to the rest of the existing investment
teams from AllianceBernstein, Henderson Global Investors, RCM Asia Pacific
Limited and Mackenzie Financial Corporation. According to David Feather,
President, Mackenzie Financial Services Inc., "The fund is well positioned
with a slightly greater component of the portfolio allocated to each of the
four focused teams."

    About Focus Japan Class

    The Fund combines the best ideas and specialized expertise of several
investment management teams, who each select approximately 10 securities to
comprise a portfolio of Japanese securities. The fund primarily invests in
Japanese stocks, but may invest up to 20 per cent of the portfolio in Asian
nations other than Japan.

    Mackenzie Investments: Mackenzie Investments was founded in 1967, and is
a leading investment management firm providing investment advisory and related
services. With $60.2 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 $117 billion in total assets under

For further information:

For further information: Catharine Marion, Environics Communications
Inc., (416) 969-2809,

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