Mackenzie Investments lowers pricing on 13 index ETFs
Mackenzie Investments has lowered the pricing on 13 index exchange traded funds (ETFs).
"Our suite of Index ETFs provides investors with effective and versatile building blocks for a diversified portfolio," says Michael Cooke, Senior Vice-President and Head of ETFs, Mackenzie Investments. "By lowering our prices on 13 ETFs, we're delivering better value to our investors and building upon our leadership in the ETF market."
The pricing reductions range from 0.01 per cent to 0.16 per cent across the 13 funds.
"Today's announcement is the latest example of our ongoing commitment to provide more value to Canadian investors and contribute to their financial success," says Barry McInerney, President and CEO, Mackenzie Investments. "We're proud of our ability to offer Canadians unparalleled choice, value and performance."
Effective September 20, 2019, investors will see a reduction in pricing for the following ETFs:
Mackenzie Canadian Large Cap Equity Index ETF – 0.05 to 0.04
Mackenzie Canadian Equity Index ETF – 0.05 to 0.04
Mackenzie US Large Cap Equity Index ETF – 0.08 to 0.06
Mackenzie US Large Cap Equity Index ETF (CAD-Hedged) – 0.08 to 0.06
Mackenzie International Equity Index ETF – 0.20 to 0.17
Mackenzie International Equity Index ETF (CAD-Hedged) – 0.20 to 0.17
Mackenzie China A-Shares CSI 300 Index ETF – 0.65 to 0.55
Mackenzie Canadian Aggregate Bond Index ETF – 0.09 to 0.07
Mackenzie Canadian All Corporate Bond Index ETF – 0.30 to 0.14
Mackenzie Canadian Short-Term Bond Index ETF – 0.09 to 0.08
Mackenzie US TIPS Index ETF (CAD-Hedged) – 0.20 to 0.15
Mackenzie US Investment Grade Corporate Bond Index ETF (CAD-Hedged) – 0.25 to 0.15
Mackenzie US High Yield Bond Index ETF (CAD-Hedged) – 0.50 to 0.40