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Toronto, January 11, 2022 – Mackenzie Financial Corporation (“Mackenzie Investments” or “Mackenzie”) and Canada Life Investment Management Ltd. (“CLIML”) announced that investors approved the proposed reorganizations (each, a “Reorganization”) outlined below, at special meetings held earlier today.
As a result of the Reorganizations, investors who hold Canada Life series of each Mackenzie Fund indicated below will be transitioned to a corresponding and substantially similar mutual fund managed by CLIML.
The Reorganizations follow a larger set of transactions which occurred on December 31, 2020 whereby Mackenzie transitioned its responsibilities as manager and trustee of the Canada Life Mutual Funds (formerly the Quadrus Group of Funds) and the Canada Life Pathways Funds to CLIML. Further, the Reorganizations were not able to be initiated until a number of tax deferred mergers transitioned Canada Life Series investors to the Funds in July 2021.
Mackenzie Fund |
Canada Life Fund |
Reorganization Date |
Mackenzie Global Growth Fund |
Canada Life Global Growth Opportunities Fund |
January 28, 2022 |
Mackenzie US Small-Mid Cap Growth Fund |
Canada Life U.S. Small-Mid Cap Growth Fund |
January 28, 2022 |
Mackenzie Emerging Markets Fund II |
Canada Life Emerging Markets Equity Fund |
January 28, 2022 |
Mackenzie Ivy European Fund |
Canada Life European Equity Fund |
March 11, 2022 |
Mackenzie Precious Metals Fund |
Canada Life Precious Metals Fund |
March 11, 2022 |