Mackenzie Global Dividend Enhanced Yield Fund
and Mackenzie Global Dividend Enhanced Yield PLUS Fund seek
to deliver diversified equity allocation and generate stable
income
TORONTO, Jan. 21,
2025 /CNW/ - Mackenzie Investments ("Mackenzie")
today announced the launch of two new funds, the Mackenzie Global
Dividend Enhanced Yield Fund and the Mackenzie Global Dividend
Enhanced Yield PLUS Fund (each a "Fund" and together, the "Funds").
The new offerings provide investors with a diversified equity
allocation that seeks to generate high stable cash flow and capital
appreciation.
The Funds are managed by the Mackenzie Global Equity &
Income Team (the "Team") who focus on selecting industry-leading
businesses from around the world that they believe can deliver
strong and enduring results.
"Over the past few years, we've seen an increasing number of
investors looking for investment options that provide the potential
for higher income and steadier returns than traditional equity
funds," said Kristi Ashcroft,
Executive Vice President, Products & Solutions, Mackenzie
Investments. "Our two latest offerings seek to do just that,
leveraging proven stock selection expertise and option writing
capabilities."
The Mackenzie Global Dividend Enhanced Yield Fund will seek to
deliver stable cash flow and growth by investing in a combination
of equity securities of issuers anywhere in the world, as well as
writing cash-covered puts and covered calls. The Mackenzie Global
Dividend Enhanced Yield PLUS Fund is a liquid alternative mutual
fund that will employ a similar investment strategy while also
applying leverage to enhance cash flow and capital
appreciation.
"With the Global Equity & Income Team's disciplined
fundamental approach to equity investing, along with option writing
that enables them to further express views on stock valuations and
generate income, these two new Funds aim to achieve enhanced
yields, making them a suitable option for portfolios looking for
stable income generation," concluded Ms. Ashcroft.
For more information on Mackenzie's investment solutions, please
visit mackenzieinvestments.com.
The payment of distributions is not guaranteed and may
fluctuate. The payment of distributions should not be confused with
a fund's performance, rate of return or yield. If distributions
paid by the fund are greater than the performance of the fund, your
original investment will shrink. Distributions paid as a result of
capital gains realized by a fund, and income and dividends earned
by a 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 Canadian investment management firm with
approximately $213 billion in assets
under management as of December 31,
2024. Mackenzie seeks to create a more invested world by
delivering strong investment performance and offering innovative
portfolio solutions and related services to more than one million
retail and institutional clients through multiple distribution
channels. Founded in 1967, it is a global asset manager with
offices across Canada as well as
in Beijing, Boston, Dublin, Hong
Kong and London. Mackenzie
is a member of IGM Financial Inc. (TSX: IGM), part of the Power
Corporation group of companies and one of Canada's leading diversified wealth and asset
management organizations with approximately $270 billion in total assets under management and
advisement as of December 31, 2024.
For more information, visit mackenzieinvestments.com
SOURCE Mackenzie Investments
