Mackenzie Investments today unveiled plans to allow its precious metals and Canadian resource funds to invest up to 49% in non-Canadian securities.

The company said it will to call a special meeting of investors for Mackenzie Universal Precious Metals Fund, Mackenzie Universal Canadian Resource Fund and Mackenzie Universal Canadian Resource Class. These meetings are scheduled for Feb. 28, 2007.

Investors of these funds will be asked to approve a change to the investment objectives that would allow the funds to invest up to 49% in non-Canadian securities.

Currently, Mackenzie Universal Precious Metals Fund can invest up to 30% in non-Canadian securities and Mackenzie Universal Canadian Resource funds can invest up to 35% in non-Canadian securities. Mackenzie Investment’s natural resource team, headed by award-winning manager Fred Sturm, will continue to manage all the funds.

Although Canada is home to a large number of high quality natural resource companies, which will continue to be a focus of these funds, the portfolio manager is also excited about several compelling investment opportunities outside of Canada. The proposed change will give the funds increased flexibility to participate in these investment opportunities while maintaining a focus on high-quality resource companies.

The change for the funds is conditional upon investor approval. Full details of the proposed change of investment objectives will be included in an information circular to be mailed to investors of record. Prospective investors may obtain this information from Mackenzie prior to the meetings.