Mackenzie reduces risk ratings for two funds

Mackenzie Investments has lowered the risk ratings for two funds.

The risk ratings for the Mackenzie Unconstrained Fixed Income Fund and the Mackenzie Unconstrained Bond ETF risk have changed from low-medium to low, the firm said in a release.

The investing strategies or processes used by portfolio managers have not changed. The changes are effective immediately.

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.