Mackenzie Investments today announced its intention to call a special meeting of investors for Mackenzie Ivy Enterprise Fund and Mackenzie Ivy Enterprise Capital Class to consider proposed changes that would expand the fund’ investment objective to include the United States, making it North American in scope.
The funds currently invest predominantly in the Canadian small- and mid-cap market. The proposed changes not only capitalize on last year’s elimination of the foreign content limit; but will also give the Funds increased variety and the opportunity to invest in high-quality small and mid-sized Canadian and U.S. companies in a variety of sectors.
Stephanie Griffiths will continue as the lead manager on the funds.
The changes for both Funds are conditional upon investor approval. Full details of the proposed change of investment objectives will be included in an information circular to be mailed to investors of record. Prospective investors may obtain this information from Mackenzie prior to the meetings.
The meetings are scheduled for September 25.
Mackenzie Ivy Enterprise to expand into U.S.
Investors gain more exposure to high-quality small- and mid-cap North American equities
- By: IE Staff
- July 25, 2006 July 25, 2006
- 14:55