Toronto-based Mackenzie Financial Corp. has made portfolio management changes to some funds as a result of the upcoming departure of Ashley Misquitta, a vice president who will be leaving the firm on Aug. 19.
David Arpin, vice president and portfolio manager, and Dina DeGeer, senior vice president and portfolio manager, are taking on some or all of the management of the funds currently under Misquitta’s watch.
Arpin and DeGeer have assumed portfolio management responsibilities for Mackenzie Global Growth Class and Mackenzie U.S. Growth Class.
Arpin and DeGeer have also assumed management of a portion of the following private pools:
> Mackenzie Private Canadian Focused Equity Pool
> Mackenzie Private Canadian Focused Equity Pool Class
> Mackenzie Private U.S. Equity Pool
> Mackenzie Private U.S. Equity Pool Class
> Mackenzie Private Global Equity Pool
> Mackenzie Private Global Equity Pool Class
> Mackenzie Emerging Markets Opportunities Class
Arpin and DeGeer continue to manage Mackenzie Canadian Growth Fund and Mackenzie Canadian Growth Balanced Fund.
“Mr. Arpin and Ms. DeGeer follow a conservative growth investing style with a focus on high-quality growth companies that generate a growing stream of free cash flow over time,” the announcement states. “Emphasis is placed on paying less than the estimated fair market value for companies, using a discounted cash-flow method.”
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