Quadrus Trimark Balanced Fund merging into Mackenzie Strategic Income Fund
TORONTO, Sept. 20, 2017 /CNW/ - Mackenzie Financial Corporation (Mackenzie Investments) and Quadrus Investment Services Ltd. announced today a proposed merger of Quadrus Trimark Balanced Fund into Mackenzie Strategic Income Fund.
The proposed merger is subject to approval by the Fund's investors at a special meeting called for that purpose. The special meeting is scheduled for January 4, 2018 at the Mackenzie Investments office in Toronto. Full details of the proposed merger will be outlined in a Management Information Circular that will be made available to investors who hold fund securities as of November 10, 2017. If approved at the special meeting, the proposed merger is expected to be effective on or about January 19, 2018.
About Quadrus Investments Services Ltd.
Quadrus Investment Services Ltd. ("Quadrus") is one of the largest mutual fund dealers in Canada. Quadrus is a member of the Great-West Lifeco Inc. group of companies, which includes Great-West Life, London Life and Canada Life. Quadrus Group of Funds is distributed exclusively through Quadrus Investment Services Ltd.
About Quadrus Group of Funds
Quadrus Group of Funds is managed by Mackenzie Investments and distributed exclusively through Quadrus Investment Services. 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. For more information about Mackenzie Investments, 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 $68.22 billion in assets under management as of August 31, 2017, 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 $147 billion in total assets under management as of August 31, 2017. 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, firstname.lastname@example.org