Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Mackenzie Investments announces changes to select Quadrus Group of Funds

T.IGM

Canada NewsWire

TORONTO, July 5, 2016 /CNW/ - Mackenzie Financial Corporation (Mackenzie Investments) announces sub-advisor changes on each of the following mutual funds that are distributed exclusively through Quadrus Investment Services Ltd. As of July 5, 2016, Portfolio Solutions Group (PSG), an investment division of GLC Asset Management Group Ltd, will take over as sub-advisor for the following funds:

Folio Funds

  • Conservative Folio Fund
  • Moderate Folio Fund
  • Balanced Folio Fund
  • Advanced Folio Fund
  • Aggressive Folio Fund

Multi Manager Corporate Class Asset Allocation Funds

  • Canadian Equity Class
  • North American Speciality Class
  • U.S. and International Equity Class
  • U.S. and International Speciality Class

As a single-fund investment solution, the Folio Funds and the Multi Manager Corporate Class Asset Allocation Funds can help with strategic investment decisions designed to meet clients' unique needs. These funds offer diversification, protection against volatility, automatic rebalancing and active management.

About Portfolio Solutions Group

Portfolio Solutions Group (PSG), a division of GLC Asset Management Group Ltd., strategically constructs diversified fund-of fund portfolios managed to deliver strong, long-term risk-adjusted returns. Actively managed portfolios incorporate forward-looking views and are customized for unique investor concerns within a given target risk range. This tailored approach goes beyond determining a risk-adjusted equity/fixed income mix, and gets to the root of what investors need to help them comfortably achieve their long-term investment goals. The end result is a diversified portfolio that's true to investors' expectations.

About Quadrus Investments Services

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 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 $61.4 billion in assets under management as at May 31, 2016, 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 $135 billion in total assets under management as at May 31, 2016. For more information, visit mackenzieinvestments.com.

SOURCE Mackenzie Investments



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today