Toronto-based Mackenzie Investments and London, Ont.-based Quadrus Investment Services Ltd. have announced a new, high net-worth series for Mackenzie’s Quadrus group of funds.
The series QFW and HW series options are available on all funds and designed to meet the needs of high net-worth investors.
Mackenzie and Quadrus are also launching the Global All Cap Equity Fund (Setanta) to provide investors with a unit-trust mutual fund option for the equivalent corporate class option already available.
The new fund and new series are expected to be available on or about August 7.
Mackenzie also announced risk rating changes for eight funds.