New Mackenzie funds provide Canadians access to growth opportunities in China

Toronto-based Mackenzie Investments launched two new funds that offer Canadian investors exposure to China.

The Mackenzie ChinaAMC All China Bond Fund seeks to give investors access to the growing bond market in China by investing in a diversified portfolio of Chinese fixed-income securities, a release said. The fund invests in a variety of fixed income issues of any size, including central government and policy bank issues, corporates, short-term bank deposits, local government funding vehicles, real estate company issues, state-owned enterprises and financials.

The Mackenzie ChinaAMC Multi-Asset Fund aims to offer increased diversification and strong long-term growth potential by investing in both fixed income (10-40% composition) and equity markets (60-90% composition).

“We’re proud to offer Canadian investors these two unique opportunities to take advantage of the significant growth that continues to take place in China,” said Barry McInerney, president and CEO of Mackenzie Investments.

“The Chinese bond market, at more than $20 trillion and growing, is now the second largest in the world and is simply too big to ignore, while the strong growth and diversification of China’s equity markets continue to represent attractive investment opportunities.”

Both funds are sub-advised by China Asset Management Co., Ltd.

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