Mackenzie to Introduce Active ETFs in Canada First Half of 2016
- Suite of ETFs will complement existing mutual fund products
- Michael Cooke to head development of the ETF project
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Canada’s largest independent asset manager is getting into the exchange-traded fund business.
Mackenzie Investments, owned by IGM Financial Inc., the Winnipeg-based investment company with C$130.9 billion ($98 billion) under management, will introduce a suite of actively managed exchange-traded funds in the first half of 2016, Mackenzie confirmed in an e-mail.