Lower fees from Mackenzie

Toronto-based Mackenzie Financial Corp. has reduced the management fees and trailing commissions on several of its Symmetry Portfolios. The changes affect the Series LB, LM and LX units of Symmetry Moderate Growth Portfolio, Symmetry Growth Portfolio, and Symmetry Equity Portfolio. The fees and commissions were reduced by 0.15% or 0.25%. All funds are part of the company’s Laurentian Bank Group of Funds, which are offered exclusively to Laurentian Bank clients. The changes follow Mackenzie’s recent decision to reduce the management fees and dealer compensation for other series’ units of the same Symmetry Portfolios. For full details on the funds – including fee information – visit www.mackenziefinancial.com.

(fcollie@investmentexecutive.com).