Mackenzie Financial Services Inc. today announced the immediate availability of two new funds: Mackenzie Cundill International Class and Mackenzie Cundill Emerging Markets Value Class.

Both funds will apply the Cundill deep-value, contrarian style that has been honed over 30-plus years of successful investing.

The lead portfolio manager of the new Emerging Markets offering will be 20-year veteran James Morton. Morton is also lead manager of Mackenzie Cundill Recovery Fund, which won Global Equity Fund of the Year at the 2003 and 2005 Canadian Investment Awards.

Mackenzie Cundill International Class will benefit from the experience of lead manager Hhu Ng, a nine-year veteran of the Cundill team.

“These two new funds build on the Cundill team’s successful record of achievement in International and Emerging Markets,” said David Feather, president of Mackenzie Financial Services Inc., in a news release. “With the help of their financial advisors, Canadian investors have shown a growing level of sophistication and interest in investing outside Canada and the United States, particularly since the removal of foreign content restrictions on registered plans. The new international fund allows investors to increase their exposure outside North America, while harnessing the stock picking talents of the Cundill team.”

“We are also excited to once again provide investors with a vehicle to access the stock-picking talents of James Morton,” added Feather. “Since the closing of Cundill Recovery Fund to new investments in April 2006, James has continued to deliver excellent performance for investors. While the mandate of the new Cundill Emerging Markets Value Class differs from that of the Cundill Recovery Fund, this offering provides investors a chance to get in on a ground-floor opportunity to invest with James Morton.”

Enthusiasm about the persistence and strength of Emerging Markets has been an enduring theme globally, and a growing theme with Canadians. Mackenzie Cundill Emerging Markets Value Class can invest in companies of any size, but is expected to focus on smaller companies. It will apply a decidedly unique, value-oriented approach, and may invest in some countries not commonly covered by mainstream emerging markets funds. The fund represents an exciting opportunity for investors with longer-term investment horizons and the capacity to tolerate higher than average levels of risk.

Mackenzie Cundill International Class will invest anywhere in the world, except Canada and the US. The fund, suitable for investors with a moderate risk level, will mainly invest in equity securities, and can invest in any size company. To a lesser extent, it may also purchase fixed income securities including high-yielding bonds.