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Mackenzie Guided Portfolio Service News
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Mackenzie Investments announced the launch of Mackenzie Guided Portfolio Service (GPS), an automatic re-balancing service available to Mackenzie mutual fund investors. There is no minimum account size required to qualify for the service and no additional fees.
Investors with their advisors can create a customized portfolio of Mackenzie mutual funds by selecting options that best suit their unique circumstances and financial goals. Investors will first choose their preferred portfolio and then decide on the range within which the funds in their portfolio may fluctuate (between two per cent and ten per cent, in increments of 0.5 per cent) and their preferred rebalancing schedule. Portfolios can be rebalanced quarterly, semi-annual or annually. For funds within Mackenzie's
Capital Class structure, rebalancing can be carried out without immediate tax consequences to the investor, since capital gains are deferred until redemption.
All Mackenzie funds are eligible for GPS except Keystone and STAR models, Mackenzie Alternative Strategies Fund (MASF) and Symmetry.
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Banker
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Nov 20, 2006, 12:52 PM
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