Mackenzie Investments has enhanced its fixed income division. The firm appointed U.S. money management firm Putnam Investments as a sub-advisor for its high-yield corporate bond funds. Putnam will manage portfolios for the Mackenzie Sentinel Corporate Bond Fund, the Mackenzie Sentinel North American Corporate Bond Class and the Mackenzie Sentinel Registered North American Corporate Bond Fund. The firm will also manage the high-yield fixed income mandate of the Symmetry Fixed Income Class and the Symmetry Registered Fixed Income Fund.
Click here for the release from Mackenzie Investments.