Mackenzie Investments Announces Risk Rating, Distribution Frequency and Pricing Changes for Select ETFs and Mutual Funds

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TORONTO, July 21, 2021 /CNW/ – Mackenzie Investments (“Mackenzie”) today announced changes to the risk ratings, frequency of distributions and pricing for the following exchange traded funds (“ETFs”) and mutual funds.

Mackenzie Investments Logo (CNW Group/Mackenzie Investments)

Risk Rating Changes
Mackenzie reviews risk ratings and makes adjustments in accordance with the Risk Classification Methodology mandated by the Canadian Securities Regulators. The risk ratings of two ETFs will change as outlined below. There are no changes to the investment strategies of these ETFs.

Fund Name

Current Risk Rating

New Risk Rating

Mackenzie Maximum Diversification Canada Index ETF

Low to Medium

Medium

Mackenzie Maximum Diversification US Index ETF

Low to Medium

Medium

Distribution Frequency Changes
Effective October 1, 2021, the cash distribution frequency of the ETF below will change as follows:

Fund Name

Current Distribution Frequency

New Distribution Frequency

Mackenzie Global Fixed Income Allocation ETF

Quarterly

Monthly

Pricing Changes
Effective July 21, 2021, Mackenzie is reducing the management fee on Mackenzie Core Plus Global Fixed Income ETF by 10 basis points and the management fees on all series of the following mutual funds by 10-15 basis points: Mackenzie Global Sustainable Bond Fund, Mackenzie Global Tactical Bond Fund and Mackenzie Global Tactical Investment Grade Bond Fund.

About Mackenzie Investments
Mackenzie Investments is a leading investment management firm with $201.7 billion in assets under management as of June 30, 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.

SOURCE Mackenzie Investments

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