Mackenzie Investments today announced a reduction of the management fees on several series of Mackenzie Universal Global Future Capital Class. The management fee for Mackenzie Universal Global Future Capital Class Series A will be reduced by 25 basis points to 2.00%, the fee on Series F will be reduced by 20 basis points to 1.00% and the fee on Series I will be reduced by 20 basis points to 1.35%. All fee reductions will be effective as of the close of business on October 2, 2006.
Mackenzie reduces fees on Universal Global Future Capital Class
Reductions of 20 and 25bps effective October 2
- By: IE Staff
- September 26, 2006 September 26, 2006
- 15:51