Mackenzie Investments announces results of special meetings on fund mergers and investment objective change

TORONTO, Jan. 22, 2019 /CNW/ - Mackenzie Investments announces the results of special meetings held yesterday where investors approved two mergers that will streamline Mackenzie's product shelf and make it easier for investors to navigate:

Existing Fund (terminating)	To be merged into (continuing Fund)
Mackenzie Canadian All Cap Dividend Fund	Mackenzie Canadian Large Cap Dividend Fund
Mackenzie Canadian All Cap Dividend Class	Mackenzie Canadian Large Cap Dividend Class

The mergers will take effect on or about February 8, 2019.

Also approved at the meetings was a change to the investment objective of Mackenzie Canadian Large Cap Dividend Class (a continuing fund) to enable the Fund to invest substantially all of its assets in other mutual funds instead of or in addition to investing directly in securities. This change is now in effect.  

About Mackenzie Investments

Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $129.5 billion in assets under management as of December 31, 2018, 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 $149.1 billion in total assets under management as of December 31, 2018. For more information, visit mackenzieinvestments.com.

SOURCE Mackenzie Investments

Court Elliott, VP, Communications, Mackenzie Investments, 647.938.3548, [email protected]