Mackenzie Investments has partnered with Paris-based TOBAM, a global award-winning asset manager, to offer a methodology designed to protect portfolios from structural bias. TOBAM's proprietary methodology is a proven process for increasing the diversification of portfolio holdings to protect portfolios from structural bias and unmanaged risks often found in cap-weighted indices.

The introduction today of these mutual funds follows the launch of two Mackenzie TOBAM focused ETFs: Mackenzie Maximum Diversification Canada Index ETF (MKC) and Mackenzie Maximum Diversification US Index ETF (MUS).

"TOBAM's award-winning methodology is now exclusively available through Mackenzie Investments as both ETFs and mutual funds to help all Canadian retail investors address their evolving needs," said Tony Elavia, Executive Vice President and Chief Investment Officer for Mackenzie Investments. "We are pleased to offer this unique investment methodology to Canadian retail investors who are seeking better diversification to potentially outperform benchmarks."

TOBAM's innovative methodology selects individual stocks and their weights so as to significantly reduce the correlations between individual holdings. In so doing, it utilizes a well-established principle in investment management that all other things being equal, a portfolio with higher diversification has a higher risk adjusted return than a less diversified portfolio.

Mackenzie Investments Mutual Funds

The mutual funds invest in the Mackenzie Maximum Diversification Index ETFs and may also invest a portion of its assets in other ETFs, or in securities directly:

Mackenzie High Diversification Canadian Equity Class: Offered in a corporate class structure, it allows Canadians to invest in their own country while diversifying beyond Canada's top three market sectors: Energy, Materials and Financials.

Mackenzie High Diversification US Equity Fund: Gives investors access to the world's largest and most diverse stock market.

About Mackenzie Investments

Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $61.4 billion in assets under management as at May 31, 2016, Mackenzie Investments distributes its investment services through multiple distribution channels to both retail and institutional investors. Mackenzie Investments is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada's premier financial services companies with over $135 billion in total assets under management as at May 31, 2016. For more information, visit mackenzieinvestments.com.

About TOBAM
TOBAM is an asset management company offering innovative investment capabilities designed to maximize diversification. TOBAM's Maximum Diversification approach, supported by original, patented research and a mathematical definition of diversification, provides clients with diversified core exposure, in both the equity and fixed income markets. TOBAM currently manages C$ 10.5 billion (at March 31, 2016) across its Anti-Benchmark strategies and a family of indices, the TOBAM Maximum Diversification Index Series. TOBAM's team is composed of 43 professionals based in New York, Paris, Zürich and Hong Kong.

For further information, please contact:
Trish Tervit
Director, Communications and Media Relations
Mackenzie Investments
416-967-2166
[email protected]