Mackenzie fund changes approved

By Staff | August 1, 2013 | Last updated on August 1, 2013
2 min read

Mackenzie Financial Corporation has announced that investors in each fund identified as a Terminating Fund in the table below have approved a resolution to merge or reorganize into the corresponding Continuing Fund.

Terminating Fund Continuing Fund
Mackenzie All-Sector Canadian Balanced Fund Symmetry Balanced Portfolio
Mackenzie Cundill Global Balanced Fund Mackenzie Cundill Canadian Balanced Fund
Mackenzie Cundill Global Dividend Fund Mackenzie Global Dividend Fund
Mackenzie Cundill International Class Mackenzie International Growth Class
Mackenzie Focus Far East Class Mackenzie Emerging Markets Class
Mackenzie Focus International Class Mackenzie International Growth Class
Mackenzie Focus Japan Class Mackenzie International Growth Class
Mackenzie Ivy All-Canadian Class Mackenzie Canadian All Cap Value Class
Mackenzie Maxxum All-Canadian Dividend Class Mackenzie Canadian All Cap Dividend Class
Mackenzie Maxxum Monthly Income Fund Mackenzie Canadian All Cap Balanced Fund
Mackenzie Sentinel Managed Return Class Mackenzie Canadian Bond Fund
Mackenzie Universal All-Canadian Growth Class Mackenzie Canadian All Cap Value Class
Mackenzie Universal Canadian Shield Fund Mackenzie Canadian All Cap Value Class
Mackenzie Universal Health Sciences Class Mackenzie US Growth Class
Mackenzie Universal Technology Class Mackenzie US Growth Class
Mackenzie Universal U.S. Emerging Growth Class Mackenzie Global Small Cap Growth Class
Mackenzie Universal World Real Estate Class Mackenzie Global Dividend Fund

Each of these fund mergers or reorganizations is expected to be effective on August 2, 2013.

The special meeting of investors of Mackenzie Saxon Microcap Fund, which was called to vote on a proposal to merge that fund into Mackenzie Canadian Small Cap Value Class (formerly Mackenzie Saxon Small Cap Class), has been adjourned to August 14 at 9am EDT at Mackenzie Investments’ offices in Toronto. If approved, this merger is expected to be effectiveAugust 16.

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Staff

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