Mackenzie Financial Corp. is proposing to change the investment objectives of Symmetry Global Equity Fund.

The change will narrow the investment objectives of the fund such that it will pursue long-term capital growth by investing mainly in equity securities of companies in emerging markets rather than anywhere in the world.

Currently Mackenzie is the only investor in this fund and it is not sold to retail investors. The fund will continue to only be available for investments by other Mackenzie managed mutual funds.

This change is expected to take effect on Feb. 20.

Concurrent with the change, Symmetry Global Equity Fund will be renamed to the Mackenzie Emerging Markets Opportunities Fund.