Mackenzie Financial Corp. of Toronto launched an equity fund that will invest in U.S. companies.

The Mackenzie Ivy American Class Fund, introduced Monday, will pursue a long-term growth strategy consistent with capital preservation.

Jerry Javasky, a senior vice president for Mackenzie, will manage the team that manages the fund.

Mackenzie was founded in 1967 and had $54.5 billion in assets under management on Nov. 30.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.