Mackenzie Investments Announces Results of Special Meetings on Mutual Fund Investment Objective Change

Mackenzie Investments Announces Results of Special Meetings on Mutual Fund Investment Objective Change

TORONTO, June 6, 2025 /CNW/ - Mackenzie Investments ("Mackenzie") today announced the results of a special meeting held Thursday, June 5, 2025, where investors approved a proposed investment objective change to the Mackenzie Cundill Canadian Balanced Fund (the "Fund").

Effective on or about June 27, 2025, the Fund's allocation range will be moved from its investment objectives to its investment strategies. The Fund's investment strategies will be revised to increase the maximum allocation to equity securities in the portfolio from 60–70 per cent to 60–90 per cent and decrease the minimum allocation to fixed income securities from 30–40 per cent to 10–40 per cent.

For more information on the proposed investment objective change announced March 5, 2025, please see: Mackenzie Investments Announces Changes to Select Mutual Funds

About Mackenzie Investments
Mackenzie Investments ("Mackenzie") is a Canadian investment management firm with approximately $213 billion in assets under management as of April 30, 2025. Mackenzie seeks to create a more invested world by delivering strong investment performance and offering innovative portfolio solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, it is a global asset manager with offices across Canada as well as in Beijing, Boston, Dublin, Hong Kong and London. Mackenzie is a member of IGM Financial Inc. (TSX: IGM), part of the Power Corporation group of companies and one of Canada's leading diversified wealth and asset management organizations with approximately $269 billion in total assets under management and advisement as of April 30, 2025. For more information, visit mackenzieinvestments.com

SOURCE Mackenzie Financial Corporation