Mackenzie Investments Announces October 2020 Distributions for its Exchange Traded Funds

TORONTO, Oct. 27, 2020 /CNW/ - Mackenzie Investments today announced the October 2020 monthly cash distributions for its Exchange Traded Funds ("ETFs") listed below that trade on the Toronto Stock Exchange (TSX) and Aequitas NEO Exchange. Unitholders of record on November 3, 2020 will receive cash distributions payable on November 10, 2020.

Details of the per-unit distribution amounts are as follows:

Further information about Mackenzie ETFs can be found at mackenzieinvestments.com.

Commissions, management fees, brokerage fees and expenses all may be associated with Exchange Traded Funds. Please read the prospectus before investing. Exchange Traded Funds are not guaranteed, their values change frequently and past performance may not be repeated.

The payment of distributions is not guaranteed and may fluctuate. The payment of distributions should not be confused with an Exchange Traded Fund's performance, rate of return or yield. If distributions paid by the Exchange Traded Fund are greater than the performance of the Exchange Traded Fund, your original investment will shrink. Distributions paid as a result of capital gains realized by an Exchange Traded Fund, and income and dividends earned by an Exchange Traded Fund are taxable in your hands in the year they are paid. Your adjusted cost base will be reduced by the amount of any returns of capital. If your adjusted cost base goes below zero, you will have to pay capital gains tax on the amount below zero.

About Mackenzie Investments
Mackenzie Investments ("Mackenzie") is a leading investment management firm with $147 billion in assets under management as of September 30, 2020.  Mackenzie provides investment solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, Mackenzie is a global asset manager with offices across Canada as well as in Boston, Dublin, London, Hong Kong and Beijing. Mackenzie is a member of IGM Financial Inc. (TSX: IGM), one of Canada's premier financial services companies with approximately $196 billion in total assets under management as of September 30, 2020. For more information, visit mackenzieinvestments.com

SOURCE Mackenzie Investments