Mackenzie Financial Corp. has completed the distribution of Series A shares of Mackenzie Sentinel Canadian Managed Yield Capital Class that resulted from the dissolution of Mackenzie 2004 Resource LP.

The Partnership acquired the fund shares on March 10, in exchange for the transfer of its assets to Mackenzie Financial Capital Corp. These transfers occurred on a tax-deferred basis.

Each investor in the Partnership received 2.9310 fund shares for each Partnership unit held. This ratio was determined using the net asset value of the Partnership on March 10, which was $31.6283 per unit.

The fund is a mutual fund that is a class of redeemable shares of Mackenzie Financial Capital, a multi-class mutual fund corporation. The investment strategy of the fund is to earn a tax-efficient return that approximates the rate of return provided by bankers’ acceptances. The fund invests in a selection of Canadian equity securities and, concurrently with each purchase of securities, sells call options and purchases put options on those securities.

Currently, Mackenzie Financial Capital offers 48 separate classes of mutual fund shares which include a broad range of investment mandates and portfolio managers. Shareholders of are permitted to switch between most of the mutual funds, and all switches are tax deferred so that shareholders do not realize capital gains or capital losses on these switches.