TORONTO, Jan. 30, 2015 /CNW/ - Mackenzie Financial Corporation (Mackenzie Investments) announced today that it is proposing to change the investment objectives of Symmetry Global Equity Fund, subject to investor approval. The change will narrow the investment objectives of the Fund such that it will pursue long-term capital growth by investing mainly in equity securities of companies in emerging markets rather than anywhere in the world. Currently Mackenzie Investments is the only investor in this Fund and it is not sold to retail investors. The Fund will continue to only be available for investments by other Mackenzie managed mutual funds.
This change is expected to take effect on or about February 20, 2015. Concurrent with the change, Symmetry Global Equity Fund will be renamed to the Mackenzie Emerging Markets Opportunities Fund.
Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $70.9 billion in assets under management as at December 31, 2014, 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 $142 billion in total assets under management as at December 31, 2014. For more information, visit mackenzieinvestments.com.
SOURCE Mackenzie Investments
For further information: Trish Tervit, Director, Communications and Media Relations, Mackenzie Investments, 416-967-2166, email@example.com