Mackenzie Investments announces results of special meetings on fund mergers and investment objective changes

TORONTO, Nov. 22, 2016 /CNW/ - Mackenzie Financial Corporation (Mackenzie Investments) announces the results of special meetings held yesterday where investors approved the merger of nine Mackenzie Funds in addition to changes to the investment objectives of two Mackenzie Funds.

Further to the meeting of investors of Mackenzie Global Concentrated Equity Fund, its investment objectives and strategies will change on November 25, 2016, to reflect a rules-based investment approach to create a well-diversified portfolio with balanced exposures across sectors, industries and risk factors. Rick Weed, Senior Vice President and Portfolio Manager, will be named lead portfolio manager of the fund.

Effective November 25, 2016, the investment objectives of Mackenzie Canadian Growth Fund will be clarified by removing references to fixed-income and government securities. The change to the objectives is being proposed for clarification purposes and will not impact the fund's current or future holdings.

Investors in each Mackenzie Fund identified as a Terminating Fund in the table below approved a resolution to merge or reorganize into the corresponding Continuing Fund to be implemented on or about November 25, 2016:

Terminating Fund	Continuing Fund
Mackenzie Global Asset Strategy Fund	Mackenzie Global Strategic Income Fund
Mackenzie Real Return Bond Fund	Mackenzie Canadian Bond Fund
Mackenzie Global Bond Fund	Mackenzie Global Tactical Bond Fund
Mackenzie All Cap Dividend Class	Mackenzie Canadian All Cap Dividend Class
Mackenzie Canadian Concentrated Equity Fund	Mackenzie Canadian Growth Fund
Mackenzie Diversified Equity Fund	Mackenzie Global Dividend Fund
Mackenzie Global Diversified Equity Class	Mackenzie Global Dividend Fund
Mackenzie Global Concentrated Equity Class	Mackenzie Global Concentrated Equity Fund
Mackenzie USD Convertible Securities Fund	Mackenzie USD Global Tactical Bond Fund

About Mackenzie Investments

Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $64.3 billion in assets under management as of October 31, 2016, 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 over $139 billion in total assets under management as of October 31, 2016. For more information, visit mackenzieinvestments.com.

SOURCE Mackenzie Financial Corporation

please contact: Trish Tervit, Director, Communications and Media Relations, Mackenzie Investments, 416-967-2166, [email protected]