Mackenzie Investment Management, a mutual fund investment adviser in Boca Raton, Fla., has launched a new family of five international funds of funds. Mackenzie calls this fund family International Solutions.
The funds will invest in funds with no affiliation to Mackenzie, as well as in the 19 Ivy Funds that Mackenzie manages.
"We created the International Solutions series to provide the investor with fully-managed, well-diversified, international investment portfolios . . . to meet the needs of many risk profiles," said Ted Parkhill, director of sales and marketing.