Mackenzie Financial Corp., a Toronto unit of IGM Financial Inc., introduced two global mutual funds.
The Mackenzie Universal Global Property Income Fund and the Mackenzie Universal Global Infrastructure Fund provide investors with monthly income of 5% annually and growth potential through participation in asset classes that traditionally have been difficult for individual investors to access.
The Universal Global Property Income Fund offers a portfolio of global property securities, and the Universal Global Infrastructure Fund focuses on international investments in strategic infrastructure, including stable assets in developed markets as well as high-growth infrastructure assets in emerging markets.
Mackenzie Financial, which has $65 billion of assets under management, launched the funds Monday.
