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Mackenzie Investments Announces Termination of Mackenzie Global Sustainable Dividend Index ETF and Redemption of USD Units of Mackenzie US Large Cap Equity Index ETF
Mackenzie Investments Announces Termination of Mackenzie Global Sustainable Dividend Index ETF an...
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[{"type":"text","content":"\n\n\n\n Mackenzie Investments Announces Termination of Mackenzie Global Sustainable Dividend Index ETF and Redemption of USD Units of Mackenzie US Large Cap Equity Index ETF\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 \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n TORONTO\n \n\n ,\n \n\n March 14, 2025\n \n\n /CNW/ - As part of its ongoing efforts to streamline its product shelf, Mackenzie Investments (\"Mackenzie\") today announced the termination of one exchange-traded fund (ETF) (the \"Terminating ETF\") as well as the redemption of USD units of an additional ETF.\n \n\n\n\n\n\n\n\n\n\n\n Termination of Mackenzie Global Sustainable Dividend Index ETF\n \n\n\n\n Mackenzie will be terminating the Mackenzie Global Sustainable Dividend Index ETF (ticker symbol: MDVD/MDVD.U) effective on or about\n \n June 4, 2025\n \n (the \"Termination Date\").\n \n\n The Terminating ETF will cease trading and be voluntarily delisted from the Toronto Stock Exchange at the request of\n \n Mackenzie\n \n at market close on or about\n \n June 4, 2025\n \n .\n \n\n Following market close on or about the Termination Date, all units of the Terminating ETF will be cancelled, and shortly thereafter\n \n Mackenzie\n \n will distribute to unitholders the net proceeds from the liquidation of the Terminating ETF's assets, together with a final distribution of any income from the Terminating ETF, if required.\n \n\n\n\n Redemption of USD units of Mackenzie US Large Cap Equity Index ETF\n \n\n\n\n At the close of business on or about\n \n June 4, 2025\n \n , all of the outstanding Series USD units (\"USD Units\") of Mackenzie US Large Cap Equity Index ETF (ticker symbol: QUU.U) will cease trading and be voluntarily delisted from the Toronto Stock Exchange at the request of\n \n Mackenzie\n \n .\n \n\n All of the outstanding USD Units of Mackenzie US Large Cap Equity Index ETF will be redeemed for cash at their net asset value per unit following market close on or about\n \n June 4, 2025\n \n (the \"Redemption Date\"). The Series CAD units of the Mackenzie US Large Cap Equity Index ETF will be unchange...