TORONTO, Aug. 27, 2012 /CNW/ - Mackenzie Financial Corporation (Mackenzie Investments) announced the results of today's special meetings of investors in the Hedged Classes and Unhedged Classes of Mackenzie Universal U.S. Dividend Income Fund, Mackenzie Universal U.S. Growth Leaders Class, Mackenzie Ivy Foreign Equity Class and Mackenzie Universal American Growth Class.
Investors in Mackenzie Universal U.S. Dividend Income Fund approved a resolution to merge the fund into Mackenzie Universal U.S. Blue Chip Class.
Investors in Mackenzie Universal U.S. Growth Leaders Class approved a resolution to merge the fund into Mackenzie Universal U.S. Blue Chip Class.
Both of the aforementioned funds are expected to merge into Mackenzie Universal U.S. Blue Chip Class on September 14, 2012.
Investors in Mackenzie Ivy Foreign Equity Class approved a resolution to reorganize the fund by splitting it into two funds, so that the Unhedged Class will continue as Mackenzie Ivy Foreign Equity Class while the Hedged Class will continue as Mackenzie Ivy Foreign Equity Currency Neutral Class.
Investors in Mackenzie Universal American Growth Class approved a resolution to reorganize the fund by splitting it into two funds, so that the Unhedged Class will continue as Mackenzie Universal American Growth Class while the Hedged Class will continue as Mackenzie Universal American Growth Currency Neutral Class.
For the two reorganizing funds, the changes are expected to be effective in October.
Mackenzie Investments: Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $59.6 billion in assets under management as at July 31, 2012, 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 $117 billion in total assets under management as at July 31, 2012. For more information, visit www.mackenziefinancial.com.
SOURCE: Mackenzie Investments
Stephen Lee
Director, Communications and Media Relations
Mackenzie Investments
416-967-2166
[email protected]
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