Toronto-based Mackenzie Financial Corp. has launched a suite of eight diverse investment pools targeted to high net-worth investors who have a minimum initial investment of $150,000.
The new Mackenzie Private Wealth Pools combine the benefits of preferred pricing with long-term strategic asset allocation through a multi-manager structure that draws on the styles and strategies of various investment professionals within the Mackenzie family. In addition, four of these mandates are offered within the tax-efficient corporate-class structure.
The new suite of pools offers “a wide range of investment options that include capital preservation, balanced and growth, all designed to give high net worth investors an attractive combination of risk and return,” says Michael Schnitman, senior vice president, product, at Mackenzie Investments, in a statement.
The pools, which will be provided and serviced under Mackenzie Private Wealth Solutions, include the following benefits:
- Multi-manager core mandates combining strategically allocated active portfolios.
- A risk-conscious approach that includes low-volatility strategies.
- A preferred management fee structure designed for affluent investors.
- A holistic householding program starting at $250,000 of assets held across Mackenzie Investments.
- Fixed-rate monthly payout options for all pools.
- Enhanced statements.
The eight investment pools included in Mackenzie’s new offering include:
- Mackenzie Private Canadian Money Market Pool
- Mackenzie Private Global Fixed Income Pool
- Mackenzie Private Global Conservative Income Balanced Pool
- Mackenzie Private Global Income Balanced Pool
- Mackenzie Private Income Balanced Pool (as well as corporate-class version)
- Mackenzie Private Canadian Focused Equity Pool (as well as corporate-class version)
- Mackenzie Private U.S. Equity Pool (as well as corporate-class version)
- Mackenzie Private Global Equity Pool (as well as corporate-class version).