Mackenzie launches 3 products for retirees

By Staff | December 1, 2014 | Last updated on December 1, 2014
1 min read

Mackenzie Investments has launched three products that aim to help investors stretch retirement incomes.

The new products include:

  • Mackenzie Unconstrained Fixed Income Fund. It aims to provide positive returns over a market cycle by investing in global, high-yield securities. It will mitigate risk through the use of derivatives, and through shifting from high-yield to investment-grade fixed income securities as needed. Read: Details on derivatives
  • Two Mackenzie Retirement Portfolios. These are the Mackenzie Monthly Income Conservative Portfolio and the Mackenzie Monthly Income Balanced Portfolio, both of which are defined as multi-asset portfolios that offer low volatility. The portfolios invest in a variety of assets, including dividend-paying equities; REITs; global sovereign bonds; Canadian and real return bonds; commodities; and derivatives (for hedging purposes). The balanced portfolio will hold more equity investments than the conservative portfolio. Read: Outlook for high-yield bonds

For more on retirement and longevity, read the articles below.

How to manage longevity risk

Don’t blame mandatory RRIF withdrawals

Help a professional who’s been laid off

Why inflation can be misleading

Tax break today, legacy tomorrow

Older Canadians struggling with monthly expenses staff


The staff of have been covering news for financial advisors since 1998.