Mackenzie Investments announces results of special meetings

TORONTO, Nov. 15 /CNW/ - Mackenzie Financial Corporation ("Mackenzie Investments") announced the result of the special meetings held November 12, 2010 of investors in Mackenzie Saxon U.S. Small Cap Fund and Mackenzie Saxon Global Small Cap Fund ("the Funds").

Mackenzie Saxon U.S. Small Cap Fund and Mackenzie Saxon Global Small Cap Fund investors approved resolutions to terminate the Funds. The Funds will make a final distribution of any income and capital gains on or about January 21, 2011. Full details about the terminations were outlined in a Management Information Circular and Proxy that was sent to all investors of record in the Funds. Prior to the termination date, unitholders of the Funds may switch into another Mackenzie fund. Mackenzie Investments offers over 100 funds with a wide variety of investment styles and objectives.

Mackenzie Investments: Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $65.7 billion in assets under management as of October 31, 2010, 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 $124 billion in total assets under management as of October 31, 2010.

For further information:

Trish Tervit
Environics Communications Inc.
[email protected]
416-969-2809