Mackenzie’s Fred Sturm to retire

Mackenzie Investments announced today that Fred Sturm, portfolio manager and team lead of the Mackenzie Resource Team, has chosen to retire on August 31 following a long and productive career in the investment industry.

Sturm has won several fund industry awards, including Analysts’ Choice Fund Manager of the Year at the 2004 Morningstar Canadian Investment Awards.

Benoit Gervais, who has helped develop and implement the team’s investment disciplines with Sturm over the past 12 years, and has been co-manager with him on all the resource and precious metals funds, will succeed Sturm in the role of Mackenzie Resource Team Lead. In recognition of his added responsibilities, Gervais has been promoted to senior vice president.

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