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Toronto, June 29, 2021 – Mackenzie Investments (“Mackenzie”) today announced changes to the investment objectives of Symmetry Low Volatility Fund (“the Fund”).
The changes allow the Fund to pursue long-term capital growth by investing primarily in equity securities of companies anywhere in the world outside of Canada and the United States, rather than focusing solely on global companies with low volatility.
Mackenzie is currently the only investor in the Fund and it is not sold to retail investors. The Fund will continue to only be available for investments by other Mackenzie managed mutual funds.
Concurrent with the change, the Fund will be renamed Mack EAFE Equity Pool.
The changes are effective as of June 29, 2021.
About Mackenzie Investments
Mackenzie Investments is a leading investment management firm with $197.3 billion in assets under management as of May 31, 2021. Mackenzie provides investment solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, Mackenzie is a global asset manager with offices across Canada as well as in Boston, Dublin, London, Hong Kong and Beijing. Mackenzie is a member of IGM Financial Inc. (TSX: IGM), one of Canada's premier financial services companies. For more information, visit mackenzieinvestments.com.
For further information, please contact:
Rebecca Ellison
IGM Financial
647-983-4963
Rellison@mitemp.com