Mackenzie Financial Corporation have reported sales and redemptions for the month ending March 31, 2002. Net positive sales for March were $271.8 million.
Mackenzie’s total mutual fund assets under administration at March 31, 2002, were $34.544 billion; total overall assets under administration, including segregated products, hedge funds and Vengrowth funds, at Mackenzie at March 31, 2002 were $40.3 billion, an increase of 3.9% from last month.
March sales figures include the following: Mackenzie equity, balanced and fixed income fund net sales of $219 million; net sales for Vengrowth, and segregated funds of $63 million; hedge fund net sales of $11.7 million; and money market and short duration funds net redemptions of $21.9 million.