TORONTO, June 25, 2015 /CNW/ - Mackenzie Financial Corporation (Mackenzie Investments) announces a sub-advisor change to Canadian Value Class (Sionna). This fund is distributed exclusively through Quadrus Investment Services Ltd.
Foyston, Gordon & Payne Inc. will be appointed sub-advisor for Canadian Value Class (Sionna), effective on or about October 1, 2015. Concurrent with this change, the fund will be renamed Canadian Value Class (FGP) to reflect the new sub-advisor. Foyston, Gordon & Payne Inc. is a boutique value-oriented investment management firm that has been in business since 1980.
Quadrus Investment Services Ltd. ("Quadrus") is one of the largest mutual fund dealers in Canada. Quadrus is a member of the Great-West Lifeco Inc. group of companies, which includes The Great West Life Assurance Company, London Life Insurance Company and The Canada Life Assurance Company. Quadrus Group of Funds is distributed exclusively through the Quadrus Investment Services Ltd.
About Mackenzie Investments
Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $74.6 billion in assets under management as at May 31, 2015, 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 over $148 billion in total assets under management as at May 31, 2015. For more information, visit mackenzieinvestments.com.
SOURCE Mackenzie Financial Corporation
Marlene Klassen, APR, Assistant Vice President, Communication Services, Quadrus Investment Services Ltd., 204-946-7705, marlene.klassen@gwl.caCopyright CNW Group 2015