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Mackenzie Investments Announces Estimated Year-End Reinvested Distributions for its Exchange Traded Funds

T.MCSB, T.MEE, T.MFT, T.MGB, T.MIVG, T.MKB, T.MKC, T.MPCF, T.MUB, T.MUS, T.MWD, T.MXU

Canada NewsWire

TORONTO, Dec. 12, 2017 /CNW/ - Mackenzie Financial Corporation (Mackenzie Investments) today announced the estimated year-end reinvested distributions for its exchange-traded funds ("ETFs") that trade on the Toronto Stock Exchange ("TSX") and Aequitas NEO Exchange ("NEO") for the 2017 tax year. Please note that these are estimated amounts only as of November 30, 2017 and reflect forward-looking information. The actual reinvested distributions may differ materially from these estimates.

These are estimated distributions of undistributed net income and/or capital gains. The distributions will be reinvested in additional units of the respective ETFs and do not include estimates of ongoing monthly, quarterly, semi-annual or annual cash distribution amounts. The additional units will be immediately consolidated with the units previously outstanding, so that the number of units outstanding following the distribution will equal the number of units outstanding prior to the distribution.

Mackenzie Investments expects to announce the final year-end reinvested distribution amounts for its ETFs on or about December 21, 2017.  The record date for these distributions will be December 29, 2017. The actual taxable amounts distributed by the ETFs in 2017, including the tax characteristics of these amounts, will be reported to brokers through CDS Clearing and Depository Services Inc. in early 2018.

Details of the estimated per-unit distribution amounts are as follows:

Mackenzie ETF

Ticker
Symbol

Estimated
year-end
reinvested
distribution
per unit

CUSIP

ISIN

Exchange

Mackenzie Core Plus
Global Fixed Income
ETF

MGB

$0.03929

 

55452P101

 

 

CA55452P1018

 

TSX

Mackenzie
Unconstrained Bond
ETF

MUB

$0.06008

 

55454N104

 

 

CA55454N1042

 

TSX

Mackenzie Floating Rate
Income ETF

MFT

$0.37973

 

55453X103

 

 

CA55453X1033

 

TSX

Mackenzie Core Plus
Canadian Fixed Income
ETF

MKB

$0.00000

 

55452R107

 

 

CA55452R1073

 

TSX

Mackenzie Global High
Yield Fixed Income ETF

MHYB

$0.71662

 

55454M106

 

 

CA5545M1068

 

NEO

Mackenzie Canadian
Short Term Fixed Income
ETF

MCSB

$0.00413

 

55452Q109

 

 

CA55452Q1090

 

TSX

Mackenzie Maximum
Diversification Canada
Index ETF

MKC

$0.00000

 

55453L109

 

 

CA55453L1094

 

TSX

Mackenzie Maximum
Diversification US Index
ETF

MUS

$0.00000

 

55453M107

 

 

CA55453M1077

 

TSX

Mackenzie Maximum
Diversification
Developed Europe Index
ETF

MEU

$0.00000

 

55453P100

 

 

CA55453P1009

 

TSX

Mackenzie Maximum
Diversification All World
Developed Index ETF

MWD

$0.00000

 

55453N105

 

 

CA55453N1050

 

TSX

Mackenzie Maximum
Diversification All World
Developed ex North
America Index ETF

MXU

$0.00000

 

55454L108

 

 

CA55454L1085

 

TSX

Mackenzie Maximum
Diversification Emerging
Markets Index ETF

MEE

$0.00000

 

55453Q108

 

 

CA55453Q1081

 

TSX

Mackenzie Portfolio
Completion ETF

MPCF

$0.00396

 

55454D106

 

 

CA55454D1069

 

TSX

Mackenzie Global
Leadership Impact ETF

MWMN

$0.00000

 

55455C107

 

 

CA55455C1077

 

NEO

Mackenzie Ivy Global
Equity ETF

MIVG

$0.02381

 

55454E104

 

 

CA55454E1043

 

TSX

 

Further information about Mackenzie ETFs can be found at mackenzieinvestments.com.

Commissions, management fees, brokerage fees and expenses all may be associated with Exchange Traded Funds. Please read the prospectus before investing. Exchange Traded Funds are not guaranteed, their values change frequently and past performance may not be repeated.

The payment of distributions is not guaranteed and may fluctuate. The payment of distributions should not be confused with an Exchange Traded Fund's performance, rate of return or yield. If distributions paid by the Exchange Traded Fund are greater than the performance of the Exchange Traded Fund, your original investment will shrink. Distributions paid as a result of capital gains realized by an Exchange Traded Fund, and income and dividends earned by an Exchange Traded Fund are taxable in your hands in the year they are paid. Your adjusted cost base will be reduced by the amount of any returns of capital. If your adjusted cost base goes below zero, you will have to pay capital gains tax on the amount below zero.

About Mackenzie Investments

Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $127.2 billion in assets under management as of November 30, 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 $157 billion in total assets under management as of November 30, 2017. For more information, visit mackenzieinvestments.com.

SOURCE Mackenzie Financial Corporation

View original content: http://www.newswire.ca/en/releases/archive/December2017/12/c1330.html

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