Mackenzie Investments today announced management changes to Mackenzie Sentinel Mortgage Fund, effective immediately.

Mackenzie Financial Corp. will now act as portfolio advisor to the Fund. M.R.S. Trust Company, the fund’s previous sub-advisor, will continue to act as mortgage administrator for Mackenzie Sentinel Mortgage Fund’s mortgage investments.

These changes apply to Series A, F, I and O Units of the fund. The fee and pricing structure remains unchanged.

Seasoned fixed-income manager Chris Kresic — senior vice president — investments will become the new lead portfolio manager on Mackenzie Sentinel Mortgage Fund. Kresic is head of the fixed-income team at Mackenzie and is primarily responsible for the Sentinel Group of Funds, which includes most of Mackenzie income products.

A part of the Mackenzie team since 1997, Kresic has over 17 years investment experience. He also manages several funds in the Sentinel family, including Sentinel Bond Fund, Sentinel Real Return Bond Fund and he co-manages the Sentinel Income Fund.

The Mackenzie Sentinel Mortgage Fund has a 12-year track record of investing in a diversified pool of NHA-insured mortgages. The fund pursues a steady monthly flow of income with reasonable safety of capital.