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Press release from CNW Group

Mackenzie Investments announces fund changes

Friday, August 05, 2011

Mackenzie Investments announces fund changes12:00 EDT Friday, August 05, 2011TORONTO, Aug. 5, 2011 /CNW/ - Mackenzie Financial Corporation (Mackenzie Investments) today announced a change of portfolio manager for the following funds: Mackenzie Universal International Stock Fund, Mackenzie Universal International Stock Class, Mackenzie Focus Far East Class, Mackenzie Focus Japan Class, Mackenzie Focus International Class and Mackenzie Focus Canada Fund. Henderson Global Investors will no longer sub-advise these funds.Mackenzie Universal International Stock Fund and Mackenzie Universal International Stock ClassEffective immediately, Mark Grammer, Senior Vice-President, Investments and co-leader of the Mackenzie Growth Team, has been appointed lead portfolio manager of Mackenzie Universal International Stock Fund and Mackenzie Universal International Stock Class.A highly respected investment manager with more than 20 years of investment industry experience, Mark is lead manager of Mackenzie Universal Global Growth Fund and co-manager of Mackenzie Growth Fund, Mackenzie Universal Global Infrastructure Fund, Mackenzie Focus Japan Class and Mackenzie Focus Far East Class.Mackenzie Focus FundsEffective September 4, 2011, the following Mackenzie Focus funds' portfolio management teams and mandates will consist of:Mackenzie Focus Far East Class will be managed by three instead of four portfolio management teams, with equal distribution of the Fund's assets among managers:Dennis Lai, RCM Asia Pacific Ltd. - Asia, ex-Japan (Small/Mid Cap)David Tiley, Mackenzie Cundill - Asia, ex-Japan (Deep Value)Mark Grammer, Mackenzie Universal - Asia, ex-Japan (Growth)Mackenzie Focus Japan Class will be managed by two instead of three portfolio management teams, with equal distribution of the Fund's assets among managers:Mark Grammer, Mackenzie Universal - Japanese equities (Growth)Koji Nakatsuka, RCM Asia Pacific Ltd. - Japanese equities (Small/Mid Cap)Mackenzie Focus International Class assets previously managed by Henderson Global Investors will be managed by Mark Grammer, with equal distribution of the Fund's assets among managers:Mark Grammer, Mackenzie Universal - International equities (Growth)Paul Musson, Mackenzie Ivy - International equities (Growth/Value Blend)David Tiley, Mackenzie Cundill - International equities (Deep Value)Mackenzie Focus Canada Fund assets previously managed by Henderson Global Investors will be invested in Mackenzie Focus Fund, with distribution of the Fund's assets as indicated:Mackenzie Focus Fund, foreign content, multi-manager (25%)Dina DeGeer, Dennis Starritt, Pete Robic, Bluewater Investment Management - Mid Cap Blend (15%)Ian Ainsworth, Mackenzie Universal - Large Cap Growth (15%)Paul Musson, David Arpin, Mackenzie Ivy - Large Cap Growth/Value Blend (15%)Norman Raschkowan, Mackenzie Maxxum - Large Cap Blend (15%)Lawrence Chin, Mackenzie Cundill - Mid Cap Value (15%)Mackenzie InvestmentsMackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $68 billion in assets under management as of July 31, 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 $128 billion in total assets under management as of July 31, 2011. For more information, visit mackenziefinancial.com.For further information: Trish Tervit Environics Communications 416-969-2809 ttervit@environicspr.com