TORONTO, Sept. 25, 2023 /CNW/ – Mackenzie Investments (“Mackenzie“) at this time introduced modifications to the danger score and funding technique of choose mutual funds and ETFs, efficient on or about September 29, 2023, and to the administration payment of sure collection of the Mackenzie Canadian Cash Market Fund, efficient on or about October 2, 2023.
Mackenzie opinions and adjusts threat rankings in accordance with the Threat Classification Methodology mandated by Canadian securities regulators. The chance score of the next mutual funds and ETFs will change as outlined beneath. The modifications will likely be efficient on or about September 29, 2023.
A change has been made to the funding technique of every Mackenzie Betterworld fund listed beneath, to take away the exclusion of corporations that derive over 10 per cent of income from nuclear power. The modifications will likely be efficient on or about September 29, 2023.
To ship improved pricing to traders, Mackenzie is lowering the administration charges of the Mackenzie Canadian Cash Market Fund by 10 to 30 foundation factors. The modifications will likely be efficient on or about October 2, 2023.
Mackenzie Investments is a number one funding administration agency with $193 billion in belongings underneath administration as of August 31, 2023. Mackenzie offers funding options and associated companies to multiple million retail and institutional purchasers by means of a number of distribution channels. Based in 1967, Mackenzie is a worldwide asset supervisor with workplaces throughout Canada in addition to in Boston, Dublin, London, Hong Kong and Beijing. Mackenzie is a member of IGM Monetary Inc. (TSX: IGM), one among Canada’s premier monetary companies corporations with roughly $262 billion in whole belongings underneath administration and advisement as of August 31, 2023. For extra data, go to mackenzieinvestments.com.
SOURCE Mackenzie Investments
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