TORONTO, Jan. 23, 2019 /CNW/ - Mackenzie Investments announced the launch of Mackenzie Global Growth Balanced Fund, a new growth-oriented fund designed to provide stronger geographic diversification and enhanced return potential.
"Effective portfolio diversification can help build wealth, manage risk and combat market volatility," said Barry McInerney, President & CEO, Mackenzie Investments. "By investing across a mix of stocks and bonds, a balanced fund can help create a smoother investing experience by avoiding exposure to market extremes."
The Mackenzie Global Growth Balanced Fund offers a well-diversified but concentrated portfolio of global equities, complemented by a tactical fixed income portfolio that seeks stability and excess returns.
The Fund is actively managed by the award-winning Mackenzie Bluewater Team and Mackenzie Fixed Income Team. The Mackenzie Multi-Asset Strategies Team will provide the Fund's top-level tactical asset allocation strategy. Together, the teams will use a conservatively managed, growth-oriented investment approach.
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 Financial Corporation
For further information: Mark Gamache, Proof Communications, 416-969-2670, [email protected]