Mackenzie proposes changes to U.S. value mandates within Keystone and Symmetry lineups

    TORONTO, Nov. 5 /CNW/ - Mackenzie Financial Corporation (part of IGM
Financial Inc. TSX:IGM) today announced its intention to change the
sub-advisor for Keystone Dreman U.S. Value Fund and the U.S. value component
of Symmetry Equity Class.
    Keystone Dreman U.S. Value Fund ($40.9 million) and the U.S. value
component of Symmetry Equity Class ($58.0 million) will be sub-advised by MFC
Global Investment Management (Canada), the asset management division of
Manulife Financial. MFC Global manages in excess of C$240 billion; its U.S.
Large Cap Value team consisting of Harpreet Singh, CFA (lead manager), Rhonda
Chang, Chris Hensen, Brett Hryb, Noman Ali and Tina Hsiao have consistently
delivered value-added returns in excess of the S&P 500 Total Return Index
    The U.S. Large Cap Value team believes stock performance is driven by
sector-specific combinations of key fundamental factors, including valuation,
sentiment and quality. The team employs both qualitative and quantitative
analysis to determine the best investment values, emphasizing securities that
may have been undervalued by the market.
    The change in the Funds' investment strategies was proposed following an
annual strategic review of all funds within the Keystone family and is part of
a series of product and management initiatives undertaken by Mackenzie in the
last several years. The change will occur on or about January 31, 2008,
subject to obtaining required approvals. The name of the Keystone fund will be
changed to "Keystone Manulife U.S. Value Fund."

    Mackenzie Investments: Mackenzie Investments was founded in 1967, and is
a leading investment management firm providing investment advisory and related
services. With $64.1 billion in assets under management, 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 in total assets under

For further information:

For further information: Catharine Marion or Mike Langdon, Environics
Communications, (416) 969-2809, (416) 969-2820,,

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