| Capital Markets Industry | Financials Sector | Mr. Barry Sean McInerney C.F.A., CFA, F.S.A. CEO | XJAM Exchange | - ISIN |
| Canada Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
The Mackenzie Master Limited Partnership (MMLP) specializes in facilitating the sale of redemption charge securities of Mackenzie mutual funds through financial advisors by offering selling commissions. Redemption charge securities are unique in that they may incur a charge upon redemption under certain conditions. MMLP oversees the distribution of these specific securities. The partnership is managed by MMLP GP Inc., acting as the general partner. Founded in 1995, Mackenzie Master Limited Partnership has its corporate headquarters located in Toronto, Canada, marking its presence in the financial sector by providing distinctive investment products and services.
These are distinct securities offered by MMLP, aimed at investors looking to invest in Mackenzie mutual funds. These securities come with a unique characteristic where investors might be obliged to pay a charge if they choose to redeem their investment under certain predefined conditions. This financial product is designed to encourage longer-term investments by applying a fee for early withdrawal, thereby aligning with the financial goals of investors seeking steady, medium to long-term growth.
MMLP undertakes the distribution of redemption charge securities, ensuring that these investment options are accessible to a broader audience. By engaging financial advisors and utilizing selling commissions as an incentive, MMLP effectively broadens the distribution and accessibility of these securities. This service is crucial for expanding the reach of Mackenzie mutual funds' redemption charge securities to potential investors, thereby fostering growth in investments and strengthening the market presence of these financial products.