{"id":284383,"date":"2016-03-15T10:10:00","date_gmt":"2016-03-15T15:10:00","guid":{"rendered":"https:\/\/www.investmentexecutive.com\/uncategorized\/mackenzie-removes-restriction-on-hedging-foreign-currency-in-fund\/"},"modified":"2019-10-15T17:11:36","modified_gmt":"2019-10-15T21:11:36","slug":"mackenzie-removes-restriction-on-hedging-foreign-currency-in-fund","status":"publish","type":"post","link":"https:\/\/www.investmentexecutive.com\/news\/products\/mackenzie-removes-restriction-on-hedging-foreign-currency-in-fund\/","title":{"rendered":"Mackenzie removes restriction on hedging foreign currency in fund"},"content":{"rendered":"<p> Toronto-based Mackenzie Financial Corp. is removing the restriction on hedging foreign currency for Mackenzie U.S. Mid Cap Growth Class.<\/p>\n<p> &#8220;Removing this restriction provides the portfolio manager of the fund with the flexibility to actively manage the foreign currency,&#8221; states the announcement released Tuesday.<\/p>\n<p> The change, which will be effective on or about March 23, will also bring the fund in line with the rest of Mackenzie&#8217;s product lineup, in which there are no restrictions on hedging foreign currency.<\/p>\n<p> The fund&#8217;s prospectus will be amended to reflect this change in strategy.<\/p>\n<p> Mackenzie U.S. Mid Cap Growth Class is also distributed by London, Ont.-based Quadrus Investment Services Ltd. and Montreal-based Laurentian Bank of Canada. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The change to Mackenzie U.S. Mid Cap Growth Class will bring the fund in line with the rest of Mackenzie\u2019s product lineup<\/p>\n","protected":false},"author":38954,"featured_media":284386,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2312,2315],"tags":[2979],"yst_prominent_words":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/284383"}],"collection":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/users\/38954"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/comments?post=284383"}],"version-history":[{"count":2,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/284383\/revisions"}],"predecessor-version":[{"id":372258,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/284383\/revisions\/372258"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/media\/284386"}],"wp:attachment":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/media?parent=284383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/categories?post=284383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/tags?post=284383"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/yst_prominent_words?post=284383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}