TORONTO, Nov. 22, 2017 /CNW/ -
Mackenzie Financial Corporation (Mackenzie Investments) announced
the launch today of three new Exchange Traded Funds (ETFs) that
broaden choice, opportunity and diversification for investors.
"We are very excited to expand our ETF shelf with these new
products, delivering solutions to investors that offer the benefits
of our portfolio management expertise plus the structural benefits
unique to ETFs including liquidity and flexibility," said
Michael Cooke, Senior Vice President
and Head of Exchange Traded Funds at Mackenzie
Investments.
The new ETFs, including an active equity ETF, provide various
opportunities to manage interest rate risk, leverage
non-traditional asset classes and invest in enhanced global equity
diversification including:
- TSX: MIVG Mackenzie Ivy Global Equity ETF – With 53% of
Canadian advisors expecting their clients to increase their
international investments in the next two to three years, the
Mackenzie Ivy Team brings their unique expertise to the ETF space
for the first time, seeking to provide long-term capital growth
with international exposure.
- TSX: MCSB Mackenzie Canadian Short Term Fixed Income ETF
– 85% of Canadian investors working with advisors, are interested
in how to generate investment income while in retirement. This new
ETF, managed by the Mackenzie Fixed Income Team, invests in high
quality fixed-income securities with relatively shorter terms to
maturity.
- TSX: MPCF Mackenzie Portfolio Completion ETF – Among
Canadian advisors, 87% said it is important to offer clients new
and innovative products. This new ETF provides diversification,
long-term capital appreciation, and the potential for income by
investing primarily in a diversified portfolio of alternative asset
class ETFs and currencies.
These new Exchange Traded Funds further enhance Mackenzie's
breadth of solutions for Canadian advisors and their clients.
The initial offering of the following new ETFs has now closed
and the ETFs will begin trading today on the Toronto Stock
Exchange.
Data is based on:
- Environics: A survey of 412 Canadian advisors that was
completed online between June 20 and July
12, 2017 using Environics' Advisor Research panel. A
probability sample of the same size would yield a margin of error
(MOE) of +/- 4.8%, 19 times out of 20.
- Environics: A survey of 1,247 Canadians 18-75 years old, who
have an investment portfolio or plans to begin investing in the
near future was completed online between
June 27 and July 11, 2017. A probability sample of the same
size would yield a MOE of +/- 2.8%, 19 times out of 20.
Mackenzie Investments was founded in 1967, and is a
leading investment management firm providing investment advisory
and related services. With $93.5
billion in assets under management as of October 31, 2017, Mackenzie Investments
distributes its investment services through multiple distribution
channels to both retail and institutional investors. Mackenzie
Investments is a member of the IGM Financial Inc. (TSX: IGM) group
of companies. IGM Financial is one of Canada's premier financial services companies
with $154 billion in total assets
under management as of October 31,
2017. For more information, visit
mackenzieinvestments.com.
SOURCE Mackenzie Financial Corporation