Welcome!

News Feed Item

Mackenzie Investments to Launch Active ETF on NEO

Aequitas NEO Exchange Inc. (“NEO Exchange” or “NEO”) is pleased to announce that Mackenzie Financial Corporation (“Mackenzie Investments”) plans to launch a fixed income ETF on NEO, and has received final approval from NEO and Canadian securities regulators. This is the fifth fund in Mackenzie Investment’s series of active fixed income ETFs to be launched on the public markets and the first to be launched on NEO. This ETF offers investors another option in building long-term, diversified portfolios.

“We are proud to list our new fixed income product on NEO and continue to provide the best offerings to Canadian advisors, helping them meet the needs of their investing clients,” said Michael Cooke, Senior Vice President and Head of Exchange Traded Funds at Mackenzie Investments. “This new ETF complements our robust and innovative fund line-up, and the active management allows investors to benefit from our deep fund management expertise, with the structural benefits not available in other investment vehicles.”

Mackenzie Investments has received final regulatory and NEO approval for the Mackenzie Global High Yield Fixed Income ETF (MHYB), and is expected to begin trading in April 2017. The new ETF seeks to provide a steady flow of income with the potential for long-term capital growth to help meet cash-flow and investment goals. It offers investors another option in building long-term, diversified portfolios. The manager applies disciplined criteria including rigorous credit analysis, ongoing assessment of relative and absolute valuations to help uncover the most attractive risk-adjusted opportunities within the high yield asset class.

“We have been observing the efficiencies and competition NEO has brought to the Canadian ETF space and are impressed by their liquidity and top-notch execution,” continued Mr. Cooke. “NEO’s exceptional support, service and depth of knowledge will play a key role in bringing this innovative product to a broader audience. We have been awaiting this launch with enthusiasm and look forward to strengthening our partnership with NEO.”

“At NEO, we are dedicated to accomplishing real change that will benefit companies, investment products and investors alike. We embody the passion and patience required to innovate and enhance the Canadian capital markets, and it is clear that Mackenzie Investments shares this passion,” stated Jos Schmitt, President and CEO, NEO Exchange. “We are proud to solidify this significant partnership today as it serves to validate our innovative solutions which are levelling the playing field and ensuring the necessary liquidity required for public companies and listed products to succeed.”

Mackenzie Investments becomes the fifth ETF provider to list on NEO. Their new listing joins 13 ETFs, representing 29 symbols, which began trading on NEO in 2016 and 2017, bringing the total number of NEO ETF listings to 30. For a complete view of NEO listings, please visit:
https://aequitasneoexchange.com/en/listings/neo-listings-directory-info/

Mackenzie Investments has filed a final prospectus containing important information relating to the Mackenzie Global High Yield Fixed Income ETF with the securities regulatory authorities in each of the provinces and territories of Canada. Copies of the prospectus and summary document are available at sedar.com. The ETF is expected to be available for sale April 26. Investors should read the prospectus and any amendment, especially risk factors relating to the securities offered, before making an investment decision.

IGM Financial Inc., which indirectly owns Mackenzie Investments, is a shareholder of Aequitas Innovations Inc., the parent company of NEO.

About Mackenzie Investments
Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $66.3 billion in assets under management as of March 31, 2017, Mackenzie Investments distributes its investment services through multiple distribution channels to both retail and institutional investors. Mackenzie Investments is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada's premier financial services companies with $147 billion in total assets under management as of March 31, 2017. For more information, visit mackenzieinvestments.com.

About NEO Exchange
Aequitas NEO Exchange Inc. is a new Canadian stock exchange using a bold new blueprint that puts investors, businesses looking to raise capital and dealers first. Launched in March 2015, the NEO Exchange currently offers an innovative trading venue and a value added listing venue for capital raising companies and investment products. The NEO Exchange is a wholly owned subsidiary of Aequitas Innovations Inc., a company founded by a diverse group of prominent investors representative of all Canadian capital market stakeholders. For more information, please visit: www.aequitasNEOexchange.com.

Join us on social media: twitter | linkedin | facebook

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"We've been engaging with a lot of customers including Panasonic, we've been involved with Cisco and now we're working with the U.S. government - the Department of Homeland Security," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution and join Akvelon expert and IoT industry leader, Sergey Grebnov, in his session at @ThingsExpo, for an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.
Any startup has to have a clear go –to-market strategy from the beginning. Similarly, any data science project has to have a go to production strategy from its first days, so it could go beyond proof-of-concept. Machine learning and artificial intelligence in production would result in hundreds of training pipelines and machine learning models that are continuously revised by teams of data scientists and seamlessly connected with web applications for tenants and users.
"We're here to tell the world about our cloud-scale infrastructure that we have at Juniper combined with the world-class security that we put into the cloud," explained Lisa Guess, VP of Systems Engineering at Juniper Networks, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"I will be talking about ChatOps and ChatOps as a way to solve some problems in the DevOps space," explained Himanshu Chhetri, CTO of Addteq, in this SYS-CON.tv interview at @DevOpsSummit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We are an IT services solution provider and we sell software to support those solutions. Our focus and key areas are around security, enterprise monitoring, and continuous delivery optimization," noted John Balsavage, President of A&I Solutions, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Your homes and cars can be automated and self-serviced. Why can't your storage? From simply asking questions to analyze and troubleshoot your infrastructure, to provisioning storage with snapshots, recovery and replication, your wildest sci-fi dream has come true. In his session at @DevOpsSummit at 20th Cloud Expo, Dan Florea, Director of Product Management at Tintri, provided a ChatOps demo where you can talk to your storage and manage it from anywhere, through Slack and similar services with...
The financial services market is one of the most data-driven industries in the world, yet it’s bogged down by legacy CPU technologies that simply can’t keep up with the task of querying and visualizing billions of records. In his session at 20th Cloud Expo, Karthik Lalithraj, a Principal Solutions Architect at Kinetica, discussed how the advent of advanced in-database analytics on the GPU makes it possible to run sophisticated data science workloads on the same database that is housing the rich...
DevOps at Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to w...
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
"We want to show that our solution is far less expensive with a much better total cost of ownership so we announced several key features. One is called geo-distributed erasure coding, another is support for KVM and we introduced a new capability called Multi-Part," explained Tim Desai, Senior Product Marketing Manager at Hitachi Data Systems, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
There is a huge demand for responsive, real-time mobile and web experiences, but current architectural patterns do not easily accommodate applications that respond to events in real time. Common solutions using message queues or HTTP long-polling quickly lead to resiliency, scalability and development velocity challenges. In his session at 21st Cloud Expo, Ryland Degnan, a Senior Software Engineer on the Netflix Edge Platform team, will discuss how by leveraging a reactive stream-based protocol,...
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
SYS-CON Events announced today that SkyScale will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SkyScale is a world-class provider of cloud-based, ultra-fast multi-GPU hardware platforms for lease to customers desiring the fastest performance available as a service anywhere in the world. SkyScale builds, configures, and manages dedicated systems strategically located in maximum-securit...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, will examine the regulations and provide insight on how it affects technology, challenges the established rules and will usher in new levels of diligence...