TORONTO, Oct. 17, 2016 /CNW/ - Mackenzie Financial Corporation (Mackenzie Investments) announced today it has launched new investment solutions that offer investors more options designed to potentially reduce and defer tax to better reach their investment goals. The firm is adding four new Corporate Class mutual funds, including three popular balanced funds to further strengthen Mackenzie's Corporate Class offerings.
"Tax efficiency is an important consideration when building wealth outside of registered plans," said Michael Schnitman, Senior Vice President of Product for Mackenzie Investments. "Despite the changes announced by the federal government last March, corporate class funds still offer the potential for tax-efficient growth and tax-efficient income. That is why we are making some of our most popular Funds available as Corporate Class."
The new Corporate Class funds are:
Mackenzie Canadian Growth Class – a Fund which offers a company focused investment style that focuses on niche market leaders which are not typical household names.
Mackenzie Canadian Growth Balanced Class – a Fund which seeks to deliver long-term growth of capital by investing in high quality companies complemented with a fixed income component.
Mackenzie Ivy Canadian Balanced Class – A Fund which seeks to provide long-term growth of capital by mainly investing in the equities of high-quality Canadian-based businesses and includes a portion of fixed income.
Mackenzie Ivy Global Balanced Class – A Fund which seeks to provide long-term growth of capital by investing mainly in a select group of high-quality multi-national businesses and includes a portion of fixed income.
To find out more about Mackenzie Corporate Class visit mackenzieinvestments.com
About Mackenzie Investments
Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $64.3 billion in assets under management as at September 30, 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 September 30, 2016. For more information, visit mackenzieinvestments.com.
SOURCE Mackenzie Financial Corporation
For further information: Trish Tervit, Director, Communications and Media Relations, Mackenzie Investments, 416-967-2166, [email protected]