TORONTO, Sept. 20,
2024 /CNW/ - Mackenzie Investments ("Mackenzie")
today announced the following estimated reinvested distributions
(the "Estimated Reinvested Distributions") in respect of the
upcoming mergers and termination for the Exchange Traded Funds
("ETFs") listed below that trade on the Toronto Stock Exchange
(TSX). The mergers and termination, which will take place on or
about September 27, 2024, were first
announced in June 2024. In all cases,
these Estimated Reinvested Distributions will be reinvested on or
about September 27, 2024, to
unitholders of record on September 26,
2024.
The Estimated Reinvested Distributions will not be paid in cash
but will be reinvested and the resulting units immediately
consolidated, so that the number of units held by each investor
will not change.
Details for merging ETFs:
|
Mackenzie
ETF
|
Ticker
Symbol
|
Estimated
Reinvested
Distribution
per Unit ($) (to
be reinvested
and consolidated)
|
Currency
|
CUSIP
|
ISIN
|
Exchange
|
|
Mackenzie Maximum
Diversification Canada Index ETF
|
MKC
|
3.37964
|
CAD
|
55453L109
|
CA55453L1094
|
TSX
|
|
Mackenzie Maximum
Diversification US Index ETF
|
MUS
|
1.60716
|
CAD
|
55453M107
|
CA55453M1077
|
TSX
|
|
Mackenzie Maximum
Diversification All World Developed Index ETF
|
MWD
|
1.28424
|
CAD
|
55453N105
|
CA55453N1050
|
TSX
|
|
Mackenzie Maximum
Diversification All World Developed ex North America Index
ETF
|
MXU
|
0.08481
|
CAD
|
55454L108
|
CA55454L1085
|
TSX
|
|
Mackenzie Maximum
Diversification Emerging Markets Index ETF
|
MEE
|
0.57045
|
CAD
|
55453Q108
|
CA55453Q1081
|
TSX
|
|
Mackenzie Emerging
Markets Equity Index ETF
|
QEE
|
0.14862
|
CAD
|
55455L107
|
CA55455L1076
|
TSX
|
|
Mackenzie World Low
Volatility ETF
|
MWLV
|
0.05023
|
CAD
|
55453H108
|
CA55453H1082
|
TSX
|
|
Mackenzie Canada Low
Volatility ETF
|
MCLV
|
0.06659
|
CAD
|
554555102
|
CA5545551023
|
TSX
|
|
Mackenzie US Low
Volatility ETF
|
MULV
|
0.01772
|
CAD
|
554914101
|
CA5549141011
|
TSX
|
|
|
Details for
terminating ETF:
|
|
|
Mackenzie Maximum
Diversification Developed Europe Index ETF
|
MEU
|
0.05129
|
CAD
|
55453P100
|
CA55453P1009
|
TSX
|
For more information please see: Mackenzie Investments Announces
Proposed Changes to Its Mutual Fund and ETF Lineups.
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 ("Mackenzie") is a leading investment
management firm with $208.6 billion
in assets under management as of August
31, 2024. Mackenzie provides investment solutions and
related services to more than one million retail and institutional
clients through multiple distribution channels. Founded in 1967,
Mackenzie is a global asset manager with offices across
Canada as well as in Boston, Dublin, London, Hong
Kong and Beijing. Mackenzie
is a member of IGM Financial Inc. (TSX: IGM), one of Canada's premier financial services companies
with approximately $260 billion in
total assets under management and advisement as of August 31, 2024. For more information, visit
mackenzieinvestments.com
SOURCE Mackenzie Financial Corporation
