TORONTO, Sept. 22, 2022 /CNW/ - Mackenzie Investments ("Mackenzie") today announced changes to the risk ratings of select mutual funds, effective on or about September 29, 2022.
Mackenzie reviews and adjusts risk ratings in accordance with the Risk Classification Methodology mandated by the Canadian securities regulators. The risk rating of the following Funds will change as outlined below. There are no changes to the investment strategies of these Funds.
Fund Name |
Current Risk Rating |
New Risk Rating |
Mackenzie Global Women's Leadership Fund |
Low to Medium |
Medium |
Mackenzie North American Equity Fund1 |
Low to Medium |
Medium |
Mackenzie Gold Bullion Fund |
Medium to High |
Medium |
1 Effective on or about September 29, 2022, Mackenzie North American Equity Fund will be renamed "Mackenzie Bluewater North American Equity Fund".
Mackenzie Investments is a leading investment management firm with $187.9 billion in assets under management as of August 31, 2022. Mackenzie provides investment solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, Mackenzie is a global asset manager with offices across Canada as well as in Boston, Dublin, London, Hong Kong and Beijing. Mackenzie is a member of IGM Financial Inc. (TSX: IGM), one of Canada's premier financial services companies. For more information, visit mackenzieinvestments.com.
SOURCE Mackenzie Investments
English Media Inquiries, Hilary Bassett, 416-951-7558, [email protected]; French Media Inquiries, Lara Berguglia, 514-994-2382, [email protected]
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