Mackenzie Investments ("Mackenzie") today announced changes to the Mackenzie Ivy Canadian Balanced Fund (the "Fund"), that impact its Registered Disability Savings Plan (RDSP) Series, ensuring continued accessibility for investors. The changes are detailed below.

On or about December 12, 2025, Mackenzie will be launching Series AVR and PVR of the Fund for purchase by new investors. Series AVR will have a management fee of 1.75% and Series PVR will have a management fee of 1.70%.

Also effective on or around December 12, 2025, Series AR and PWR of the Fund will be closed to any new investments. Investors that hold these securities as of this date and continue to hold those securities are permitted to make additional purchases.

In addition, the maximum trailing commission for the sales charge purchase option and redemption charge purchase option of Series AR and PWR of the Fund will increase as outlined below, as of December 12, 2025.

For more information on Mackenzie's investment solutions, please visit mackenzieinvestments.com.

About Mackenzie Investments

Mackenzie Investments ("Mackenzie") is a Canadian investment management firm with approximately $242 billion in assets under management as of October 31, 2025. Mackenzie seeks to create a more invested world by delivering strong investment performance and offering innovative portfolio solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, it is a global asset manager with offices across Canada as well as in Beijing, Boston, Dublin, Hong Kong and London. Mackenzie is a member of IGM Financial Inc. (TSX: IGM), part of the Power Corporation group of companies and one of Canada's leading diversified wealth and asset management organizations with approximately $307 billion in total assets under management and advisement as of October 31, 2025. For more information, visit mackenzieinvestments.com

SOURCE Mackenzie Financial Corporation

SOURCE: Mackenzie Financial Corporation

English Media Inquiries, Hilary Bassett, 416-951-7558,
hilary.bassett@igmfinancial.com; French Media Inquiries, Hiba Al Mondalek,
438-969-8234, hiba.almondalek@northstrategic.com

COMTEX_470828670/2197/2025-12-05T07:30:00