TORONTO, Sept. 29, 2015 /CNW/ - Mackenzie Financial Corporation (Mackenzie Investments) today announced changes to the risk ratings of three Mackenzie funds. These changes will be reflected in the renewal of the simplified prospectus of the Mackenzie mutual funds, which is scheduled to be filed on or about September 29, 2015.
Mackenzie Investments assigns a risk rating to each Fund using the methodology recommended by the Fund Risk Classification Task Force of The Investment Funds Institute of Canada. The risk rating of each fund is reviewed annually or when the fund undergoes a material change. These changes are a result of an annual review.
| FUND |
CURRENT RATING |
NEW RATING |
| Symmetry Conservative Portfolio Class |
Low-Medium |
Low |
| Symmetry Conservative Portfolio |
Low-Medium |
Low |
| Mackenzie Gold Bullion Class |
Medium |
Medium-High |
About Mackenzie Investments
Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $61.3 billion in assets under management as at August 31, 2015, 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 $133 billion in total assets under management as at August 31, 2015. For more information, visit mackenzieinvestments.com.
SOURCE Mackenzie Investments
Trish Tervit, Director, Communications and Media Relations, Mackenzie Investments, 416-967-2166, [email protected]
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