TORONTO, June 12, 2020 /CNW/ - As part of its ongoing efforts to streamline its product shelf for investors and advisors, Mackenzie Investments today announced the following fund merger:
Existing Fund (terminating) |
To be merged into (continuing Fund) |
Mackenzie Growth Fund |
Mackenzie Canadian Growth Fund |
The merger is expected to be implemented on or about October 16, 2020. No action is required by investors.
Further, Mackenzie announced the proposed termination of Mackenzie Global Long/Short Equity Alpha Fund. Investors of record on or about June 26 will receive a notice of meeting prior to a special meeting of investors to be held on or about August 10, 2020. If approved, the liquidation and termination is expected to be executed on or about August 21, 2020.
About Mackenzie Investments
Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $138.4 billion in assets under management as of May 31, 2020, 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 $163.2 billion in total assets under management as of May 31, 2020. For more information, visit mackenzieinvestments.com.
SOURCE Mackenzie Investments
Rebecca Ellison, Mackenzie Investments, 647-983-4963, [email protected]
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