Mackenzie Investments
Encyclopedia
Mackenzie Investments was founded in 1967 and is one of Canada’s largest investment management firms providing investment advisory and related services. With $68 billion in assets under management
, Mackenzie Investments distributes its services through a diversified network of third-party financial advisors. Mackenzie Investments is a member of the IGM Financial Inc. group of companies. IGM Financial is one of Canada's largest financial services companies with over $128 billion in total assets under management
. (Note: All figures as at July 31, 2011)
Mackenzie Investments distributes mutual funds under eight different mutual fund families, each defined by their investment style or approach.
The Fund Families:
Mackenzie Managed Portfolio Solutions:
Assets under management
Assets under management is a financial term used denote the market value of funds being managed by a financial instutition on behalf of its clients, investors, depositors, etc. This metric is a sign of size and success against competition...
, Mackenzie Investments distributes its services through a diversified network of third-party financial advisors. Mackenzie Investments is a member of the IGM Financial Inc. group of companies. IGM Financial is one of Canada's largest financial services companies with over $128 billion in total assets under management
Assets under management
Assets under management is a financial term used denote the market value of funds being managed by a financial instutition on behalf of its clients, investors, depositors, etc. This metric is a sign of size and success against competition...
. (Note: All figures as at July 31, 2011)
History
- 1967 - Mackenzie Investments was founded by Alex Christ
- 1967 - Mackenzie created company's first mutual fund, the Industrial Growth Fund (later renamed Mackenzie Growth Fund)
- 1973 - Mackenzie went public with a listing on the TSX
- 1977 - Mackenzie bought a stake in Universal Group of Funds
- 1992 - Mackenzie acquired Ivy Management Inc
- 1993 - Mackenzie acquired the balance of Universal Group of Funds
- 1998 - Mackenzie acquired Cundill Funds Inc
- 2001 - Mackenzie Investments was acquired by Investors Group to create IGM Financial
- 2006 - Mackenzie acquires Cundill Investment Research Ltd. and its affiliates (The Cundill Group)
- 2008 - Mackenzie acquired Howson Tattersall Investment Counsel and the Saxon Group of Mutual Funds
- 2011 - Mackenzie announces that it has reached an agreement with B2B Trust, a subidiary of Laurentian Bank under which B2B Trust will acquire the MRS Companies (MRS Trust, MRS Inc and MRS Securities Inc.) The transaction is expected to close in November 2011 subject to applicable regulatory notifications and approvals.
Investment Products
Mackenzie Fund Families:Mackenzie Investments distributes mutual funds under eight different mutual fund families, each defined by their investment style or approach.
The Fund Families:
- Mackenzie Cundill Funds - Deep value investment style
- Mackenzie Focus Funds - multi-manager funds focusing on “best ideas” equity funds
- Mackenzie Ivy Funds - Value investment style, buy and hold approach. focused on patiently acquiring ownership in selected businesses
- Mackenzie Funds - original Mackenzie group of funds includes Mackenzie's flagship fund Mackenzie Growth Fund established December 1967.
- Mackenzie Maxxum Funds - Focus on growth through dividends and capital appreciation.
- Mackenzie Saxon Funds - Disciplined value investing style.
- Mackenzie Sentinel Funds - Fixed Income investing across a variety of fixed income strategies.
- Mackenzie Universal Funds - Primarily sub-advised group of funds. Includes global, regional, specialty equity and balanced funds.
Mackenzie Managed Portfolio Solutions:
- Symmetry
- Mackenzie Private Client Group
Awards
| Year(s) | Award | Recipient |
|---|---|---|
| 2000-2001 | Imagine Community Investment Award | Mackenzie Financial |
| 2001 | Investor's Choice Awards: Fund Company of the Year | Mackenzie Financial |
| 2002-2004 | Fund Manager of the Year | Jerry Javasky ('02), Peter Cundill ('03), Fred Sturm ('04) |
| 2002 | Investor's Choice Awards: Education | Mackenzie Financial |
| 2003 | Canadian Investment Marketing Award for Print Advertising | 'Basketball', 'Girl Genius', 'Twins', 'Dinosaur' |
| 2004 | Career Achievement Award | Alexander Christ |
| 2006 | Learning Library Advisor Education Award | "Burn Rate" Campaign |
| 2006-2007 | IFIC Investor Education Award | Mackenzie Financial ('06), "Socially Responsible Investing" ('07) |
| Mutual Fund Awards: | Year(s): | Award Recipient: |
|---|---|---|
| Segregated Canadian Balanced Fund | 2002 | Mackenzie Cundill Canadian Balanced Segregated Fund |
| 2004 | Mackenzie Cundill Canadian Balanced Segregated Fund | |
| 2003 | Mackenzie Sentinel Income Segregated | |
| Global Balanced Fund | 2002 | Mackenzie Ivy Global Balanced |
| 2003 | Mackenzie Ivy Global Balanced | |
| Segregated Canadian Equity Fund | 2002 | Mackenzie Cundill Canadian Security Segregated |
| 2004 | Mackenzie Cundill Canadian Security Segregated | |
| Specialty Award | 2002 | Mackenzie Universal Precious Metals |
| 2003 | Mackenzie Universal Resource | |
| Global Equity Fund | 2003 | Mackenzie Cundill Recovery Series C |
| 2004 | Mackenzie Cundill Value Fund | |
| 2006 | Mackenzie Cundill Value Fund | |
| 2005 | Mackenzie Cundill Recovery Fund | |
| 2008 | Mackenzie Ivy Foreign Equity Fund | |
| 2009 | Mackenzie Ivy Foreign Equity Fund | |
| Segregated Global Equity Fund | 2003 | Mackenzie Cundill Value Segregated |
| Natural Resources Equity Fund | 2004 | Mackenzie Universal Canadian Resource Fund |
| 2005 | Mackenzie Universal Canadian Resource Fund | |
| European Equity Fund | 2008 | Mackenzie Ivy European Class |
| 2009 | Mackenzie Ivy European Class | |
| 2010 | Mackenzie Ivy European Class | |
| Healthcare Equity Fund | 2008 | Mackenzie Universal Health Sciences Class |
| US Small/Mid Cap Equity Fund | 2009 | Mackenzie Universal American Growth |
| 2010 | Mackenzie Universal American Growth | |
| Global Small/Mid Cap Equity Fund | 2010 | Mackenzie Cundill Recovery |
| Lipper Global Classification | Best Fund | Fund Award Recipient |
|---|---|---|
| 2020 Target Date Portfolio | 1 year | Mackenzie Destination+ 2020 Series A |
| Canadian Fixed Income Balanced | 10 year | Mackenzie Sentinel Income Series A |
| Canadian Neutral Balanced | 1 year | Mackenzie Sentinel Registered Strategic Inc Srs A |
| Emerging Markets Equity | 1 year | Mackenzie Cundill Emerging Markets Value CI Srs A |
| European Equity | 3 year | Mackenzie Ivy European Class Series A |
| Global Equity | 10 year | Mackenzie Cundill Value Srs A |
| Global Small/Mid Cap Equity | 3 year | Quadrus US & International Specialty Corp Class |
| Global Small/Mid Cap Equity | 5 year | Quadrus US & International Specialty Corp Class |
| Global Small/Mid Cap Equity | 10 year | Mackenzie Cundill Recovery Series C |
| US Small/Mid Cap Equity | 3 year | Mackenzie Universal US Emerging Growth Class A |
| Lipper Global Classification | Best Fund | Fund Award Recipient |
|---|---|---|
| Canadian Fixed Income Balanced | 10 year | Mackenzie Sentinel Income |
| Canadian Focused Equity | 1 year | Mackenzie Growth |
| Global Equity | 10 year | Mackenzie Cundill Value |
| Global Equity Balanced | 1 year | Mackenzie Cundill Global Balanced C |
| Global Small/Mid Cap Equity | 1 years | Mackenzie Cundill Recovery Series C |
| Natural Resources Equity | 10 years | Mackenzie Universal Canadian Resource |
| Lipper Global Classification | Best Fund | Fund Award Recipient |
|---|---|---|
| European Equity | 1 year | Mackenzie Ivy European Class |
| Global Equity | 1 year | Mackenzie Foreign Equity A |
| Global Equity Balanced | 1 year | Mackenzie Ivy Global Balanced Fund |
| North American Equity | 1 year | Mackenzie Ivy Enterprise Fund |
| Canadian Fixed Income Balanced |
10 years | Mackenzie Sentinel Income Fund |
| Global Equity | 10 years | Mackenzie Cundill Value Fund |
| Lipper Global Classification | Best Fund | Fund Award Recipient |
|---|---|---|
| International Equity | 1 year | Mackenzie Universal International Stock Class A |
| Health Care Equity | 1 year | Mackenzie Universal Health Sciences Class A |
| Health Care Equity | 3 years | Mackenzie Universal Health Sciences Class A |
| Japanese Equity | 5 years | Mackenzie Focus Japan Class |