Mackenzie expands product suite

Toronto-based Mackenzie Financial Corp. has expanded its suite of products with the launch of three “smart beta” exchange-traded funds (ETFs) and three mutual funds. The three ETFs are Mackenzie Maximum Diversification All World Developed Index ETF, Mackenzie Maximum Diversification All World Developed ex-North America Index ETF and Mackenzie Maximum Diversification Developed Europe Index ETF. The new mutual fund offerings are Mackenzie High Diversification Global Equity Fund, which seeks to provide investors with the broadest geographical diversification possible by investing in global markets; Mackenzie High Diversification International Equity Fund, which gives investors exposure to developed markets outside North America; and Mackenzie High Diversification European Equity Fund, which offers investors opportunities to benefit from the recovery and growth of economies of European nations. All funds are managed in partnership with TOBAM, an employee-owned Paris-based asset-management firm. TOBAM’s core investment philosophy is to maximize diversification in order to deliver the full risk premium of an asset class. For full fund details, including fees, visit www.mackenzieinvestments.com/tobam.

(fcollie@investmentexecutive.com).