Mackenzie Financial announces fund changes

Mackenzie Financial is merging two of its offerings into its U.S. Blue Chip Class.

Investors approved plans to merge the Mackenzie Universal U.S. Dividend Income Fund and the Mackenzie Universal U.S. Growth Leaders Class into the blue chip class. The change is effective as September 14, 2012.

Further, investors in the Mackenzie Ivy Foreign Equity Class approved a plan to split the fund into two separate products. The unhedged class will continue as the Mackenzie Ivy Foreign Equity Class, while the hedged class will continue as Mackenzie Ivy Foreign Equity Currency Neutral Class.

Its Universal American Growth Class is also being split in two; the unhedged class will remain as Mackenzie Universal American Growth Class, while the Hedged Class will be called the Mackenzie Universal American Growth Currency Neutral Class.

These changes will be effective in October.

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