Change in investment objectives of Mackenzie Cundill Emerging Markets Class proposed
The firm is changing the investment objectives of funds impacted by measures introduced in the 2013 federal budget
Mark Grammer will become sole lead of the Mackenzie growth team
Two funds gain greater flexibility for asset allocation
Both companies are signatories to the UN supported Principles for Responsible Investment
Alain Bergeron takes on asset allocation role
Funds seek to address retirement shortfall potential related to investor conservatism and volatility fears
Fund mergers and sub-advisor change take effect in June
Unimpressed with the world’s balance sheet
New rules would have the Mackenzie Global Diversified Income Fund’s portfolio invest directly in securities