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Mackenzie Investments Announces Proposed Changes to Further Streamline Product Shelf
Mackenzie Investments Announces Proposed Changes to Further Streamline Product Shelf Ca...
About this update from Igm Financial Inc.
[{"type":"text","content":"\n \n \n \n Mackenzie Investments Announces Proposed Changes to Further Streamline Product Shelf\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnsblb1{\nBORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnbrbrs{\nBORDER-RIGHT:black 0.5pt solid\n}\n.prncbts{\nBORDER-TOP:black 0.5pt solid\n}\n.prnbbbs{\nBORDER-BOTTOM:black 0.5pt solid\n}\n.prnsbtb1{\nBORDER-TOP:black 1pt\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n.prnbsbls{\nBORDER-LEFT:black 0.5pt solid\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n March 6, 2024\n \n \n /CNW/ - As part of its ongoing efforts to streamline its product shelf, Mackenzie Investments (\"Mackenzie\") today announced one proposed fund merger and one proposed fund termination, subject to a vote by unitholders. Additionally, Mackenzie announced a portfolio management and investment strategy change to one mutual fund and ETF.\n \n \n \n \n \n \n \n \n \n \n Merger and Termination\n \n \n \n Mackenzie has proposed the following fund merger:\n \n \n \n \n \n \n \n \n Existing Fund\n \n \n \n \n \n \n \n \n To be merged into (Continuing Fund)\n \n \n \n \n \n \n \n \n \n Mackenzie Multi-Strategy Absolute Return Fund\n \n \n \n \n \n \n Mackenzie Global Macro Fund\n \n \n \n \n \n \n \n Further, Mackenzie announced the proposed termination of the Mackenzie Credit Absolute Return Fund.\n \n \n Investors of record on or about\n \n April 8, 2024\n \n in the Mackenzie Multi-Strategy Absolute Return Fund and/or Mackenzie Credit Absolute Return Fund will receive a notice of meeting prior to a special meeting of investors to be held on or about\n \n May 31, 2024\n \n . If approved, both the merger and termination (including liquidation) of funds is expected to be executed on or about\n \n June 21, 2024\n \n .\n \n \n \n Po...