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TORONTO, ON – July 2 2021 – Mackenzie Financial Corporation (“Mackenzie”) today announced changes to Mackenzie CL US All Cap Growth LP (the “Fund”).
The Mackenzie CL LP Funds (including the Fund), were created to facilitate the tax deferred reorganization of seven Mackenzie/Canada Life shared shelf trust funds. Now that five of such reorganizations are complete, Mackenzie is re-purposing the Fund such that it can be used for the proposed reorganization of Mackenzie Global Resource Fund which is subject to approval by impacted investors on or about August 20, 2021.
Effective June 30, 2021, the Fund’s name was changed to Mackenzie CL Global Resource LP, its investment objectives and strategies were updated to align with Mackenzie Global Resource Fund, and The Putnam Advisor Company, LLC was removed as its sub-advisor. The Fund is not available to outside investors, with the exception of subscriptions by Canada Life Global Resources Fund and Mackenzie Global Resource Fund in connection with its reorganization.