Mackenzie offers absolute return fund

Mackenzie Financial Corporation today introduced Mackenzie Universal Canadian Shield Fund, a Canadian equity fund that seeks to generate risk-adjusted absolute returns in Canadian dollars and to preserve its capital in all market environments.

The fund aims to achieve these objectives by investing in an actively managed portfolio consisting mainly of Canadian equity and fixed income securities.

“Mackenzie Universal Canadian Shield Fund offers investors a unique approach to investing in Canadian markets,” said Blake Moore, executive vice-president and head of distribution, Mackenzie Investments.

The fund is managed by a team of portfolio managers led by Roger Mortimer, founder and chief investment officer of Parador Asset Management, LLC.

“With an absolute return mandate, Parador has the flexibility to focus its research efforts on its highest conviction ideas,” said Moore. “Roger and his team aim to both grow and preserve capital for investors by employing a blend of strategies, including flexible asset allocation, currency hedging, and holding cash where conditions merit.”

Staff

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