Mackenzie Investments launches new fund for retail investors
Mackenzie Investments, an investment management firm, has launched the Mackenzie International Dividend Fund.
The Fund aims to provide investors with access to high-quality dividend-paying companies outside of Canada and the US in order to help diversify geographic concentration.
"We believe this fund is an excellent option for investors seeking a core strategy to diversify their portfolio while accessing leading international companies," says Michael Schnitman, Senior VP & Head of Product, Mackenzie Investments. "Our team has a proven track record in selecting stocks outside of Canada and the U.S. to help capture the nearly forty per cent of the world's equity opportunities that exist outside of North America."
The Mackenzie International Dividend Fund is managed by Mackenzie Investment’s Global Equity & Income Team. The team manages global and international mandates, including a similar international dividend strategy for institutional investors. Led by VP Darren McKiernan, the team focusses on selecting equity securities that derive revenues across multiple geographical regions.