Mackenzie Investments Announces Approval of Fund Mergers and Fund Investment Objectives Change

TORONTO, July 25, 2019 /CNW/ - Mackenzie Investments announced the results of special meetings held yesterday where investors approved two fund mergers that will streamline Mackenzie's product shelf and make it easier for investors to navigate:

Existing fund (terminating fund)	To be merged into (continuing fund)
Mackenzie Canadian Balanced Fund	Mackenzie Strategic Income Fund
Mackenzie US Strategic Income Fund	Mackenzie Global Strategic Income Fund

The mergers will take effect on or about August 16, 2019.

Change to fund investment objectives and name

At the special meetings, investors also approved changes to the investment objectives of Mackenzie Canadian Resource Fund. On or about August 16, 2019 the fund's new investment objectives will take effect and the fund will be renamed Mackenzie Global Resource Fund.

For more information on the mergers and investment objective changes, please visit Mackenzieinvestments.com/2019mergers.

About Mackenzie Investments
Mackenzie Investments was founded in 1967 and is a leading investment management firm providing investment advisory and related services. With approximately $139 billion in assets under management as of June 30, 2019, 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 approximately $162 billion in total assets under management as of June 30, 2019. For more information, visit mackenzieinvestments.com.

SOURCE Mackenzie Investments

Nini Krishnappa, Mackenzie Investments, 647-828-2553, [email protected]