Latest offering provides potential for strong returns and diversification across three major geographic regions
Mackenzie Investments has launched a new mutual fund that invests in global small- and mid-cap companies and offers potential access to strong growth and risk-adjusted performance.
“The Mackenzie Global Small-Mid Cap Fund seeks to provide Canadian investors with strong returns and diversification opportunities, given that two-thirds of the world's companies are small and mid caps,” said Mackenzie Investments Senior VP and Head of Product Kristi Ashcroft.
Noting that many investors have a preference for large global companies, Ashcroft said that smaller international companies may be underrepresented in portfolios. With the new fund, Canadian investors have the chance to get diversified exposure to small- and mid-cap companies in North America, Europe, and Asia.
“Small and mid cap stocks have historically offered higher absolute returns relative to large caps,” she added.
The lead manager for the fund is Phil Taller, who will be focused on opportunities in the U.S. Also advising the fund are Kalle Huhdanmaki of Mackenzie Investments Europe, who will take charge of the fund’s Middle Eastern and African investments; and Bryan Mattei of Mackenzie Investments Asia, who’ll focus on its Asia-Pacific investments.
“Our nimble and regionally focused global investment teams have the deep local market knowledge needed to generate long-term success in this category," Ashcroft said.
