The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from CNW Group

Mackenzie Investments completes rollover of MSP 2009 Resource LP

Tuesday, March 29, 2011

Mackenzie Investments completes rollover of MSP 2009 Resource LP10:22 EDT Tuesday, March 29, 2011TORONTO, March 29 /CNW/ - Mackenzie Financial Corporation (Mackenzie Investments) is pleased to announce that it has completed the distribution of Series A shares of Mackenzie Universal World Resource Class (the Fund) that resulted from the dissolution of MSP 2009 Resource Limited Partnership.  The Partnership acquired the Fund shares on March 24, 2011 in exchange for the transfer of its assets to Mackenzie Financial Capital Corporation (Capitalcorp).  These events occurred on a tax-deferred basis.Each investor in the Partnership received 0.8787 Fund shares for each Partnership unit held.  This ratio was determined using the net asset value of the Partnership on March 24, 2011, which was $33.7377 per unit.The Fund is a mutual fund that is a class of redeemable shares of Capitalcorp, a multi-class mutual fund corporation.  The Fund pursues long-term capital growth primarily from investment in shares of companies operating anywhere in the world in the energy and natural resources industries.  The Fund is one of 59 separate classes of mutual fund shares currently offered by Capitalcorp, which include a broad range of investment mandates and portfolio managers.  Shareholders of Capitalcorp are permitted to switch between most Capitalcorp mutual funds, and all switches occur on a tax-deferred basis.Mackenzie Investments was founded in 1967 and is a leading investment management firm providing investment advisory and related services. With $70.3 billion in assets under management as of February 28, 2011, Mackenzie Investments distributes its services through a diversified network of third-party financial advisors. 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 $133 billion in total assets under management as of February 28, 2011.To learn more, please contact your financial advisor or visit the MSP website at www.mackenziefinancial.com/msp.For further information: Trish Tervit Environics Communications Inc. 416-969-2809 ttervit@environicspr.com