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LEGAL DISCLAIMER

This site should not be considered an offer to sell or solicitation to buy securities, including any mutual fund sponsored by Mackenzie Financial Corporation and any security offered by Mackenzie's subsidiaries or affiliates.

Prospective investors who are not resident in Canada should consult with their financial advisor to determine if the funds may lawfully be sold in their jurisdiction.

Invest Wisely: Important information about these mutual funds is contained in the Funds' simplified prospectus. Investors should obtain a copy from their financial advisor and read it carefully before investing. Calculations of average annual compound returns have been calculated to the date specified. The calculations included changes in unit value and reinvestment of all distributions but do not take into account sales, redemption or optional charges payable by an investor which would have reduced returns. When purchasing mutual funds, investors should be aware that: mutual fund investments are not guaranteed; unit values and investment returns will fluctuate over time; and past performance does not assure similar future returns.

The contents of the Mackenzie and MRS web site are provided for informational and educational purposes and are not intended to provide tax or legal advice and should not be relied on in that regard. All information is provided "as is" without any warranties of any kind and Mackenzie and MRS make no representations and disclaim all express and implied warranties and conditions of any kind, including, without limitation, representations, warranties or conditions regarding accuracy, timeliness, completeness, non-infringement, merchantability or fitness for any particular purpose and Mackenzie and MRS assume no responsibility to you or any third party for the consequences of any errors or omissions.

The contents of the Mackenzie and MRS web site may be used and reproduced provided that they are not modified and that you maintain all copyright and other notices contained in the Mackenzie and MRS web site. The contents of the site may not be otherwise used, reproduced, broadcast, published or re-disseminated without the prior written permission of Mackenzie and MRS.

The Mackenzie and MRS web site links users to sites not maintained by Mackenzie and MRS. Links to other sites or references to products, services or publications other than those of Mackenzie and MRS or their affiliates should not be construed as an endorsement or approval of such sites, products, services or publications by Mackenzie or MRS or their affiliates.