Risk rating lowered on Mackenzie diversified fixed income fund

The Diversified Fixed Income Folio Fund, which is distributed by Quadrus Investment Services and managed by the Mackenzie Financial Corporation, has been reclassified.

The Canadian Investment Funds Standards Committee has moved the fund from the Global Fixed Income category to the Canadian Fixed Income category.

As a result, a foreign content limit of 30% has been implemented for the fund and its risk rating has been switched from low-to-medium risk to low risk.

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