Mackenzie mutual fund investors approve proposal to change the basis of charging operating expenses to funds



    TORONTO, Aug. 7 /CNW/ - Mackenzie Financial Corporation (Mackenzie
Investments), manager of the Mackenzie funds, announced today that mutual fund
investors have voted in favour of its proposal to replace operating expenses
with fixed rate administration fees. See Appendix A to this release for a list
of funds and series that are covered by this proposal.
    Detailed information about the impact of the fixed rate administration
fee by fund can be found at www.mackenziefinancial.com/mer.

    Mackenzie Investments: Mackenzie Investments was founded in 1967, and is
a leading investment management firm providing investment advisory and related
services. With $64.6 billion in assets under management as of July 31, 2007,
Mackenzie Investments distributes its services through a diversified network
of third-party financial advisors. 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 $125 billion as of
July 31, 2007 in total assets under management.

    
                                 Appendix A

    Mackenzie Alternative Strategies Fund   Mackenzie Sentinel Managed Return
     (A, F)                                  Class (A, F)
    Mackenzie Balanced Fund                 Mackenzie Sentinel Money Market
     (A, F, P, T)                            Fund (A, B)
    Mackenzie Cundill American Class        Mackenzie Sentinel Real Return
     (A, F)                                  Bond Fund (A, F, G)
    Mackenzie Cundill Canadian Balanced     Mackenzie Sentinel Short-Term
     Fund (C, F, G, P, T)                    Income Fund (A, F, G, M)
    Mackenzie Cundill Canadian Security     Mackenzie Sentinel U.S. Managed
     Class (A, F)                            Yield Class (A, B, F)
    Mackenzie Cundill Canadian Security     Mackenzie Universal American
     Fund (C, F, G, P, T)                    Growth Class (Hedged, A, F and
                                             Unhedged, A, F, M)
    Mackenzie Cundill Global Balanced Fund  Mackenzie Universal Canadian
     (C, F, G, P, T)                         Balanced Fund (A, F, G, P, T)
    Mackenzie Cundill Recovery Fund         Mackenzie Universal Canadian
     (C, F, G)                               Growth Class (A, F)
    Mackenzie Cundill Value Class (A, F)    Mackenzie Universal Canadian
                                             Growth Fund (A, F, G)
    Mackenzie Cundill Value Fund            Mackenzie Universal Canadian
     (C, F, G, P, T)                         Resource Fund (A, F, G)
    Mackenzie Focus America Class (A, F)    Mackenzie Universal Emerging
                                             Markets Class (A, F, M)
    Mackenzie Focus Canada Class (A, F, M)  Mackenzie Universal Emerging
                                             Technologies Class (A, F)
    Mackenzie Focus Canada Fund             Mackenzie Universal European
     (A, B, C, F)                            Opportunities Class (A, F)
    Mackenzie Focus Class (A, F)            Mackenzie Universal European
                                             Opportunities Fund (A, F)
    Mackenzie Focus Far East Class          Mackenzie Universal Global Future
     (A, F, M)                               Class (A, F)
    Mackenzie Focus Fund (A, F)             Mackenzie Universal Global Future
                                             Fund (A, F)
    Mackenzie Focus International Class     Mackenzie Universal Growth Trends
     (A, F)                                  Class (A, F, M)
    Mackenzie Focus Japan Class (A, F)      Mackenzie Universal Health
                                             Sciences Class (A, F)
    Mackenzie Founders Fund (A, F, P, T)    Mackenzie Universal International
                                             Stock Class (A, F)
    Mackenzie Growth Fund (A, F, G)         Mackenzie Universal International
                                             Stock Fund (A, F)
    Mackenzie Ivy Canadian Class (A, F)     Mackenzie Universal North
                                             American Growth Class (A, F, G)
    Mackenzie Ivy Canadian Fund (Hedged,    Mackenzie Universal Precious
     A, F and Unhedged, A, F, G, P, T)       Metals Fund (A, F)
    Mackenzie Ivy Enterprise Class (A, F)   Mackenzie Universal Sustainable
                                             Opportunities Class (A, F)
    Mackenzie Ivy Enterprise Fund           Mackenzie Universal U.S. Blue
     (A, F, G, M)                            Chip Class (A, F)
    Mackenzie Ivy European Class (A, F, M)  Mackenzie Universal U.S. Dividend
                                             Income Fund (Hedged, A, F and
                                             Unhedged, A, F)
    Mackenzie Ivy Foreign Equity Class      Mackenzie Universal U.S. Emerging
     (A, F)                                  Growth Class (A, F)
    Mackenzie Ivy Foreign Equity Fund       Mackenzie Universal U.S. Growth
     (A, F, G, P, T)                         Leaders Class (Hedged, A, F and
                                             Unhedged, A, F)
    Mackenzie Ivy Global Balanced Fund      Mackenzie Universal U.S. Growth
     (A, F, P, T)                            Leaders Fund (A, F)
    Mackenzie Ivy Growth and Income Fund    Mackenzie Universal World Growth
     (A, F, G, P, T)                         RRSP Fund (A, F)
    Mackenzie Maxxum Canadian Balanced      Mackenzie Universal World
     Fund (A, F, T)                          Precious Metals Class (A, F)
    Mackenzie Maxxum Canadian Equity        Mackenzie Universal World Real
     Growth Class (A, F)                     Estate Class (A, F)
    Mackenzie Maxxum Canadian Equity        Mackenzie Universal World
     Growth Fund (A, F)                      Resource Class (A, F)
    Mackenzie Maxxum Canadian Value         Mackenzie Universal World Science
     Class (A, F)                            & Technology Class (A, F)
    Mackenzie Maxxum Canadian Value Fund    Symmetry Equity Class (A, F, W)
     (A, F)
    Mackenzie Maxxum Dividend Class (A, F)  Symmetry Managed Return Class
                                             (A, F, W)
    Mackenzie Maxxum Dividend Fund          Symmetry Registered Fixed Income
     (A, F, G, P, T)                         Pool (A, F, W)
    Mackenzie Maxxum Dividend Growth Fund   Keystone Balanced Growth
     (A, F, G)                               Portfolio Fund (A, F, G, T)
    Mackenzie Maxxum Global Explorer Class  Keystone Balanced Portfolio Fund
     (A, F)                                  (A, F, G, T)
    Mackenzie Maxxum Money Market Fund (A)  Keystone Conservative Portfolio
                                             Fund (A, F, G, T)
    Mackenzie Maxxum Monthly Income Fund    Keystone Diversified Income
     (A, F, P, T)                            Portfolio Fund (A, F, G, T)
    Mackenzie Sentinel Bond Fund            Keystone Dynamic Power Small-Cap
     (A, F, G, M)                            Class (A)
    Mackenzie Sentinel Canadian Managed     Keystone Growth Portfolio Fund
     Yield Class (A, F)                      (A, F, G)
    Mackenzie Sentinel Corporate Bond Fund  Keystone Maximum Growth Portfolio
     (A, F, G)                               Fund (A, F, G)
    Mackenzie Sentinel Diversified Income   Keystone Saxon Smaller Companies
     Fund (A, B, F, G)                       Fund (F)
    Mackenzie Sentinel Global Bond Fund     Keystone Templeton International
     (A, F)                                  Stock Class (A)
    Mackenzie Sentinel Income Fund          Quadrus Laketon Fixed Income Fund
     (A, B, C, F, G)                         (A)
    Mackenzie Sentinel Income Trust Fund
     (A, F)


             Quadrus Series and H Series of the following funds:

    Advanced Folio Fund                     Quadrus Templeton International
                                             Equity Fund
    Aggressive Folio Fund                   Quadrus Trimark Balanced Fund
    Balanced Folio Fund                     Quadrus Trimark Global Equity
                                              Fund
    Conservative Folio Fund                 Quadrus U.S. and International
                                              Equity Corporate Class
    Moderate Folio Fund                     Quadrus U.S. and International
                                             Specialty Corporate Class
    GWLIM Canadian Growth Fund              Mackenzie Focus Canada Fund
                                             (including U Series)
    GWLIM Corporate Bond Fund               Mackenzie Focus Far East Class
    GWLIM North American Mid Cap Fund       Mackenzie Ivy European Class
    London Capital Canadian Bond Fund       Mackenzie Maxxum Canadian
                                             Balanced Fund
    London Capital Canadian Diversified     Mackenzie Maxxum Canadian Equity
     Equity Fund                             Growth Fund
    London Capital Income Plus Fund         Mackenzie Maxxum Dividend Fund
    Quadrus AIM Canadian Equity Growth      Quadrus Money Market Fund
     Fund                                    (including P Series)
    Quadrus Canadian Equity Corporate       Mackenzie Universal American
     Class                                   Growth Class (Unhedged Class)
    Quadrus Cash Management Corporate       Mackenzie Universal Canadian
     Class                                   Resource Fund
    Quadrus Fixed Income Corporate Class    Mackenzie Universal Emerging
                                             Markets Class
    Quadrus Laketon Fixed Income Fund       Mackenzie Universal Global Future
                                             Fund
    Quadrus North American Specialty        Mackenzie Universal Precious
     Corporate Class                         Metals Fund
                                            Mackenzie Universal U.S. Growth
                                             Leaders Fund
    





For further information:

For further information: Catharine Marion or Mike Langdon, Environics
Communications Inc., (416) 969-2809, (416) 969-2820, cmarion@environicspr.com,
mlangdon@environicspr.com


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