Mackenzie Investments announces approval of fund mergers
Mackenzie Investments announced July 25 that investors have approved two fund mergers that will take effect on or about August 16, 2019.
The Mackenzie Canadian Balanced fund will be merged into the Mackenzie Strategic Fund. The Mackenzie US Strategic Income Fund will be merged into the Mackenzie Global Strategic Income Fund.
Investors also approved changes to the investment objectives of Mackenzie Canadian Resource Fund. On or about August 16, 2019 the fund’s new investment objectives will take effect and the fund will be renamed Mackenzie Global Resource Fund.