Mackenzie Financial Corp. Friday announced that it is making changes to the investment strategy of Mackenzie Sentinel Corporate Bond Fund.

Mackenzie is amending the fund’s current investment strategy to allow the fund to invest up to 49% of its assets in foreign securities, an increase from the current limit of 30%.

“The change is being made to provide the portfolio manager with greater flexibility to pursue investment opportunities for the benefit of investors in the fund,” Mackenzie said in a release.