Mackenzie Investments to merge funds

Mackenzie Investments announced that the following fund mergers were approved by investors on June 22 and will be implemented on or about July 6. Existing fund (terminating fund) Mackenzie Canadian Money Market Fund Mackenzie Ivy International Equity Fund Mackenzie Ivy International Fund Mackenzie US Low Volatility Fund Mackenzie High Diversification US Equity Fund Mackenzie Global […]

By Staff | June 25, 2018 | Last updated on June 25, 2018

1 min read

Mackenzie Investments announced that the following fund mergers were approved by investors on June 22 and will be implemented on or about July 6.

Existing fund (terminating fund)	To be merged into (continuing fund)
Mackenzie Canadian Money Market Class	Mackenzie Canadian Money Market Fund
Mackenzie Ivy International Equity Fund	Mackenzie Ivy International Fund
Mackenzie US Low Volatility Fund	Mackenzie High Diversification US Equity Fund
Mackenzie Global Low Volatility Fund	Mackenzie High Diversification Global Equity Fund
Mackenzie Cundill Recovery Class	Mackenzie Cundill Value Class
Mackenzie Cundill Recovery Fund	Mackenzie Cundill Value Fund
Mackenzie Emerging Markets Opportunities Class	Mackenzie Emerging Markets Class
Mackenzie US Large Cap Class	Mackenzie US Growth Class
Mackenzie Canadian All Cap Dividend Growth Fund	Mackenzie Canadian Growth Fund
Mackenzie Canadian All Cap Balanced Class	Mackenzie Canadian Growth Balanced Class

Also approved were changes to the investment objectives of the Mackenzie Income Fund and Mackenzie Short Term Income Fund. The changes capitalize on the firm’s fixed income capabilities, says a release.

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