TORONTO, Aug. 9, 2016 /CNW/ - Mackenzie Investments is announcing changes to its Growth funds.
David Arpin, Vice-President and Portfolio Manager, and Dina DeGeer, Senior Vice President and Portfolio Manager, have assumed portfolio management responsibilities for Mackenzie Global Growth Class and Mackenzie US Growth Class. They continue ongoing management of Mackenzie Canadian Growth Fund and Mackenzie Canadian Growth Balanced Fund.
Mr. Arpin and Ms. DeGeer have also assumed management of a portion of the following private pools:
- Mackenzie Private Canadian Focused Equity Pool/Class
- Mackenzie Private US Equity Pool/Class
- Mackenzie Private Global Equity Pool/Class
David Arpin has 22 years of investment experience. He managed foreign securities as a member of the Mackenzie Ivy team between 2000 and 2012 and as a member of the portfolio management team of Bluewater Investment Management Inc., which became the Mackenzie Canadian Growth team in January 2016.
Dina DeGeer has 29 years of investment experience managing foreign growth investments and worked as a Portfolio Manager with the portfolio management team of Bluewater Investment Management Inc. prior to joining the Mackenzie Canadian Growth team in January 2016. In 2016, Dina was ranked one of the top 100 money managers in the world by Citywire1.
Mr. Arpin and Ms. DeGeer follow a conservative growth investing style with a focus on high-quality growth companies that generate a growing stream of free cash flow over time. Emphasis is placed on paying less than the estimated fair market value for companies, using a discounted cash flow method.
As a result of these changes, Ashley Misquitta, Vice-President, will be leaving the firm effective August 19, 2016. We thank Mr. Misquitta for his contributions to Mackenzie Investments and wish him all the best in his career endeavours.
In addition, Mr. Arpin and Ms. DeGeer have also assumed management of a portion of Mackenzie Emerging Markets Opportunities Class.
About Mackenzie Investments
Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $63.6 billion in assets under management as at July 31, 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 over $139 billion in total assets under management as at July 31, 2016. For more information, visit mackenzieinvestments.com.
1 * Citywire tracks, benchmarks and rates the career performance of over 15,000 fund managers globally
SOURCE Mackenzie Investments
For further information: Trish Tervit, Director, Communications and Media Relations, Mackenzie Investments, 416-967-2166, [email protected]