Mackenzie Investments launches two China-focused funds

By Marisa Wong

Los Angeles, Oct. 19 – Mackenzie Investments announced the launch of the Mackenzie ChinaAMC All China Bond Fund to offer Canadian investors access to growth opportunities in China, according to a press release.

The bond fund will invest in a variety of fixed-income issues, including central government and policy bank issues, corporates, short-term bank deposits, local government funding vehicles, real estate company issues, state owned enterprises and financials.

The Toronto-based investment management firm also unveiled the Mackenzie ChinaAMC Multi-Asset Fund, which provides exposure to the Chinese equity market and to the Chinese fixed-income market.

The equity component of the multi-asset fund will make up 60% to 90% of the fund, and the fixed-income component will make up the other 10% to 40%. The composition will be adjusted based on changes in market outlook.

Both funds will be sub-advised by China Asset Management Co., Ltd.

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