Press Releases

December 23, 2024

Mackenzie Investments Announces Final Year-End Reinvested Distributions for its Exchange Traded Funds

TORONTO, ON ­– December 23, 2024 –Mackenzie Investments today announced the final year-end reinvested distributions for its exchange-traded funds (“ETFs”) that trade on the Toronto Stock Exchange (“TSX”) and Cboe Canada (“Cboe”) for the 2024 tax year. Please note that this is an update to the estimated year-end reinvested distributions previously announced on November 15, 2024.

December 19, 2024

Mackenzie Investments Announces December 2024 Distributions for its Exchange Traded Funds

 

TORONTO, ON ­– December 19, 2024 – Mackenzie Investments (“Mackenzie”) today announced the December 2024 monthly cash distributions for its Exchange Traded Funds (“ETFs”) listed below that trade on the Toronto Stock Exchange (TSX) and Cboe Canada. Unitholders of record on December 30, 2024 will receive cash distributions payable on January 7, 2025.

December 19, 2024

Mackenzie Investments Announces 2024 Mackenzie Together Grant Recipients


Five not-for-profits selected for their commitment to enhancing the financial well-being of women in communities across Canada


TORONTO, ON – December 19, 2024
– Today, Mackenzie Investments (“Mackenzie”) announced the 2024 recipients of its Mackenzie Together Grant program.

December 16, 2024

Mackenzie Investments Announces December 2024 Quarterly Distributions for its Exchange Traded Funds


TORONTO, ON - December 16, 2024
- Mackenzie Investments (“Mackenzie”) today announced the December 2024 quarterly cash distributions for its equity Exchange Traded Funds ("ETFs") listed below that trade on the Toronto Stock Exchange (TSX) and Cboe Canada. Unitholders of record on December 23, 2024 will receive cash distributions payable on January 2, 2025.

December 13, 2024

Mackenzie Master Limited Partnership announces estimate of distribution of partnership income


TORONTO, ON ­– December 13, 2024 –
Mackenzie Financial Corporation (Mackenzie Investments), part of IGM Financial Inc. (TSX: IGM), today announced that Mackenzie Master Limited Partnership (Stock Symbol MKZ-UN, CUSIP 554905109) has estimated a distribution of partnership income as follows:
 

November 27, 2024

Mackenzie Investments 2025 Market Outlook: New U.S. Administration Could Set the Stage for a Shifting Landscape in the Year Ahead


TORONTO, ON – November 27, 2024
– Today, Mackenzie Investments (“Mackenzie”) released its 2025 Market Outlook. It includes insights and commentary for financial advisors and investors about the key trends impacting Canadian and global markets, and investable themes for the year ahead. 

November 25, 2024

Mackenzie Investments Announces November 2024 Distributions for its Exchange Traded Funds


TORONTO ­– November 25, 2024
– Mackenzie Investments today announced the November 2024 monthly cash distributions for its Exchange Traded Funds (“ETFs”) listed below that trade on the Toronto Stock Exchange (TSX) and Cboe Canada. Unitholders of record on December 2, 2024 will receive cash distributions payable on December 9, 2024.

November 15, 2024

Mackenzie Investments Announces Estimated Year-End Reinvested Distributions for its Exchange Traded Funds


TORONTO ­– November 15, 2024
– Mackenzie Investments today announced the estimated year-end reinvested distributions for its exchange-traded funds ("ETFs") that trade on the Toronto Stock Exchange ("TSX") and Cboe Canada ("Cboe") for the 2024 tax year. Please note that these are estimated amounts only as of October 15, 2024. These amounts reflect forward looking information and the actual reinvested distributions may differ materially from these estimates.

October 25, 2024

Mackenzie Investments Announces October 2024 Distributions for its Exchange Traded Funds


TORONTO ­– October 25, 2024
– Mackenzie Investments today announced the October 2024 monthly cash distributions for its Exchange Traded Funds (“ETFs”) listed below that trade on the Toronto Stock Exchange (TSX) and Cboe Canada. Unitholders of record on November 1, 2024 will receive cash distributions payable on November 8, 2024.

October 17, 2024

New Mackenzie Investments Fund Expands Investment Opportunities in U.S. Small Cap Market

Mackenzie U.S. Small Cap Fund leverages Global Quantitative Equity Team's investment strategy

TORONTO, ON – October 17, 2024 – Mackenzie Investments (“Mackenzie”) today announced the launch of the Mackenzie U.S. Small Cap Fund (the “Fund”), providing investors with the opportunity to access U.S. small cap equities within their portfolios through the investment process of the Mackenzie Global Quantitative Equity Team (the “GQE Team”).

October 11, 2024

Mackenzie Investments Announces Final Reinvested Distributions for Merged and Terminated Exchange Traded Funds


TORONTO - October 11, 2024
- Mackenzie Investments (“Mackenzie”) today announced the following final reinvested distributions (the “Final Reinvested Distributions”) for the completed mergers and termination of the Exchange Traded Funds ("ETFs") listed below.

October 2, 2024

Mackenzie Investments Provides Additional Information on ETF Termination and Mergers


TORONTO - October 2, 2024
- Mackenzie Investments (“Mackenzie”) today announced additional information regarding the termination and mergers of select exchange traded funds (“ETF”) that were initially announced June 20, 2024.   

September 24, 2024

Mackenzie Investments Announces September 2024 Distributions for its Exchange Traded Funds

TORONTO ­– September 24, 2024 – Mackenzie Investments today announced the September 2024 monthly cash distributions for its Exchange Traded Funds (“ETFs”) listed below that trade on the Toronto Stock Exchange (TSX) and Cboe Canada. Unitholders of record on October 1, 2024 will receive cash distributions payable on October 8, 2024.

September 23, 2024

Mackenzie Investments Announces Risk Rating Changes for Two Mutual Funds


TORONTO, ON – September 23, 2024
– Mackenzie Investments (“Mackenzie”) today announced changes to the risk rating of two mutual funds, effective September 23, 2024.

Mackenzie reviews and adjusts risk ratings in accordance with the Risk Classification Methodology mandated by Canadian securities regulators. The risk rating of the following mutual funds will change as outlined below. The changes will be effective September 23, 2024.

September 20, 2024

Mackenzie Investments Announces Estimated Reinvested Distributions in Connection with the Mergers and Termination of Exchange Traded Funds


TORONTO - September 20, 2024
- Mackenzie Investments (“Mackenzie”) today announced the following estimated reinvested distributions (the “Estimated Reinvested Distributions”) in respect of the upcoming mergers and termination for the Exchange Traded Funds ("ETFs") listed below that trade on the Toronto Stock Exchange (TSX). The mergers and termination, which will take place on or about September 27, 2024, were first announced in June 2024. In all cases, these Estimated Reinvested Distributions will be reinvested on or about September 27, 2024, to unitholders of record on September 26, 2024.

September 16, 2024

Mackenzie Investments Releases Inaugural Private Markets Outlook

Developed in partnership with Northleaf Capital Partners, new report identifies key themes that will drive investor demand for private assets moving forward

TORONTO, September 16, 2024 – Mackenzie Investments (“Mackenzie”) today released its inaugural Private Markets Outlook. The report, created with strategic partner Northleaf Capital Partners (“Northleaf”) for financial advisors and investors, provides an overview of the key private market asset classes and identifies the central drivers of expected growth in investor demand in private markets investing.

September 16, 2024

Mackenzie Investments Announces September 2024 Quarterly Distributions for its Exchange Traded Funds


TORONTO, September 16, 2024
- Mackenzie Investments (“Mackenzie”) today announced the September 2024 quarterly cash distributions for its equity Exchange Traded Funds ("ETFs") listed below that trade on the Toronto Stock Exchange (TSX) and Cboe Canada. Unitholders of record on September 23, 2024 will receive cash distributions payable on September 30, 2024.

September 12, 2024

Mackenzie Investments Announces Cash Distributions in Connection With the Mergers and Termination of Exchange Traded Funds


TORONTO - September 12, 2024 - Mackenzie Investments (“Mackenzie”) today announced distributions in respect of the upcoming mergers and termination for the Exchange Traded Funds ("ETFs") listed below that trade on the Toronto Stock Exchange (TSX).

The Unitholders of record on September 19, 2024 will receive cash distributions payable on September 26, 2024. No additional quarterly distributions are expected to be paid on the quarterly distributing ETFs in September.

September 10, 2024

New Mackenzie Investments ETFs Offer Actively Managed Investment Options Across Economic Markets and Range of Sectors

 
  • Mackenzie Global Equity ETF and Mackenzie International Equity ETF expand global and international opportunities through a proprietary quantitative investment process
  • Mackenzie Bluewater Next Gen Growth ETF invests in innovative sector leaders
  • Mackenzie Core Resources ETF offers an active approach and building block for resource investing

TORONTO, ON – September 10, 2024 – Mackenzie Investments (“Mackenzie”) today announced the launch of four exchange traded funds (the “ETFs”) listed below. The actively managed ETFs offer investors access to portfolio diversification, backed by Mackenzie’s experienced and knowledgeable investment teams.

September 9, 2024

Mackenzie Investments Announces Results of Special Meetings on Mutual Fund and ETF Mergers


TORONTO, ON – September 9, 2024
– Mackenzie Investments (“Mackenzie”) today announced the results of special meetings held Friday, September 6, 2024, where investors approved a series of mutual fund and exchange-traded fund (ETF) mergers detailed below. The mergers are expected to be executed on or about September 27, 2024.

July 25, 2024

Mackenzie Investments Announces July 2024 Distributions for its Exchange Traded Funds


TORONTO ­– July 25, 2024
– Mackenzie Investments today announced the July 2024 monthly cash distributions for its Exchange Traded Funds (“ETFs”) listed below that trade on the Toronto Stock Exchange (TSX) and Cboe Canada. Unitholders of record on August 1, 2024 will receive cash distributions payable on August 9, 2024.

July 15, 2024

Mackenzie Investments Announces Recalculated Net Asset Value For Mackenzie Emerging Markets Local Currency Bond Index ETF


TORONTO, July 15, 2024
– Mackenzie Investments (“Mackenzie”), announced today that the reported net asset value per unit (“NAV”) of the Mackenzie Emerging Markets Local Currency Bond Index ETF (TSX: QEBL) was misstated from November 7, 2023 to June 17, 2024 (the “Period”).  Throughout the Period, the misstated NAVs ranged from 124.5 to 528.5 basis points. On June 17, 2024, QEBL had $21.8 million in assets under management. Mackenzie fully reimbursed the ETF for $21,533 for the impact of the misstatement.  

July 10, 2024

Mackenzie Investments Announces Succession Plan for Bluewater Boutique

  • Investment team Co-Lead Dina DeGeer to retire in September 2024
  • Shah Khan, a 14-year veteran of the Bluewater team and Ms. DeGeer’s protégé, to be promoted to Senior Vice-President and Co-Lead
  • Bluewater Co-Lead David Arpin will continue in his role as Strategist and Portfolio Manager across strategies

TORONTO, July 10, 2024 – Mackenzie Investments (“Mackenzie”) today announced the succession plan for Dina DeGeer, Senior Vice-President, Portfolio Manager and Co-Lead of the Mackenzie Bluewater Team (“Bluewater Team” or “Bluewater”).

June 24, 2024

Mackenzie Investments Announces June 2024 Distributions for its Exchange Traded Funds


TORONTO ­– June 24, 2024
– Mackenzie Investments today announced the June 2024 monthly cash distributions for its Exchange Traded Funds (“ETFs”) listed below that trade on the Toronto Stock Exchange (TSX) and Cboe Canada. Unitholders of record on July 2, 2024 will receive cash distributions payable on July 9, 2024.

June 20, 2024

Mackenzie Investments Announces Proposed Changes to Its Mutual Fund and ETF Lineups


TORONTO, June 20, 2024
– As part of its ongoing efforts to streamline its product shelf for investors and advisors, Mackenzie Investments (“Mackenzie”) today announced a series of mutual fund and ETF mergers, subject to votes by unitholders. Additionally, Mackenzie announced an ETF termination and a management change to one mutual fund.

June 17, 2024

Mackenzie Investments Announces June 2024 Quarterly Distributions for its Exchange Traded Funds


TORONTO, June 17, 2024
- Mackenzie Investments today announced the June 2024 quarterly cash distributions for its equity Exchange Traded Funds ("ETFs") listed below that trade on the Toronto Stock Exchange (TSX) and Cboe Canada. Unitholders of record on June 24, 2024 will receive cash distributions payable on July 2, 2024.

June 13, 2024

New Mackenzie Investments Fund Enhances Investor Access to Global Corporate Debt Opportunities

Mackenzie Global Corporate Fixed Income Fund seeks growth and income from leading issuers of corporate bonds
 

TORONTO, June 13, 2024 – Mackenzie Investments (“Mackenzie”) today announced the launch of the Mackenzie Global Corporate Fixed Income Fund (“the Fund”), offering investors access to growth opportunities in the global corporate fixed income space.

June 6, 2024

New Mackenzie Investments ETFs Enhance Canadians’ Access to Global Dividend Investing and Risk-Managed Equity Solutions

 
  • Mackenzie Global Dividend ETF offers access to high-quality, global, dividend-paying companies
  • Mackenzie Canadian Low Volatility ETF and Mackenzie US Low Volatility ETF can mitigate portfolio risk by seeking to reduce market-cycle volatility

TORONTO, June 6, 2024 – Mackenzie Investments (“Mackenzie”) today announced the launch of three exchange traded funds (the “ETFs”): Mackenzie Global Dividend ETF (ticker: MGDV), Mackenzie Canadian Low Volatility ETF (ticker: MCLV) and Mackenzie US Low Volatility ETF (ticker: MULV).  Mackenzie Global Dividend ETF offers investors enhanced access to global dividend investing, while Mackenzie Canadian Low Volatility ETF and Mackenzie US Low Volatility ETF provide opportunities to minimize downside risk with actively managed core holdings.

June 3, 2024

Mackenzie Investments Announces Results of Special Meetings on Fund Termination and Merger

TORONTO, June 3, 2024 – Mackenzie Investments (“Mackenzie”) today announced the results of special meetings held Friday, May 31, 2024 where investors approved the termination of the Mackenzie Credit Absolute Return Fund, in addition to the fund merger listed below. These are intended to further streamline Mackenzie's product shelf. The termination and merger are expected to be executed on or about October 11, 2024, as opposed to July 12, 2024, as originally proposed.

June 3, 2024

Mackenzie Investments 2024 Mid-Year Market Outlook: Fixed Income Opportunities, the Energy Transition and Innovation Continue to Drive Economy


TORONTO, June 3, 2024
– Mackenzie Investments (“Mackenzie”) today released its 2024 Mid-Year Market Outlook. The report offers insights for financial advisors and investors on key trends impacting financial markets this year and provides an economic outlook for the balance of 2024.

May 27, 2024

Mackenzie Investments Announces May 2024 Distributions for its Exchange Traded Funds


TORONTO ­– May 27, 2024
– Mackenzie Investments today announced the May 2024 monthly cash distributions for its Exchange Traded Funds (“ETFs”) listed below that trade on the Toronto Stock Exchange (TSX) and Cboe Canada. Unitholders of record on June 3, 2024 will receive cash distributions payable on June 10, 2024.


Details of the per-unit distribution amounts are as follows:

April 25, 2024

New Mackenzie Investments Fund Provides Global Emerging Market Diversification Opportunities

Mackenzie Emerging Markets ex-China Equity Fund allows investors to unlock potential in emerging market equities, without a portfolio allocation to China

TORONTO, April 25, 2024 – Mackenzie Investments (“Mackenzie”) today announced the launch of the Mackenzie Emerging Markets ex-China Equity Fund (“the Fund”), offering investors exposure to diverse emerging market opportunities without a portfolio allocation to China. 

April 25, 2024

Mackenzie Investments Announces April 2024 Distributions for its Exchange Traded Funds

TORONTO ­– April 25, 2024 – Mackenzie Investments today announced the April 2024 monthly cash distributions for its Exchange Traded Funds (“ETFs”) listed below that trade on the Toronto Stock Exchange (TSX) and Cboe Canada. Unitholders of record on May 2, 2024 will receive cash distributions payable on May 9, 2024.

April 24, 2024

Mackenzie Investments Announces Final Termination Proceeds Relating to the Termination of an Exchange Traded Fund

TORONTO ­– April 24, 2024 – Mackenzie Investments today announced additional information regarding the termination of Mackenzie Portfolio Completion ETF (the “Terminating ETF”) (ticker symbol: MPCF) that was announced on February 7, 2024.

April 18, 2024

Mackenzie Investments’ Fifth Annual Earth Day Study: Canadians’ Interest in Sustainable Investing on the Rise, But Barriers to Increased Adoption Still Remain

 
  • One-quarter of investors currently hold sustainable investments, while half plan to invest in them in the next two years.
  • However, 61% continue to have concerns about trust and transparency.
  • Two-thirds believe that investing in the energy transition will have a positive impact on the world.


TORONTO, April 18, 2024 –
According to Mackenzie Investments’ fifth annual Earth Day Study, Canadians’ interest in sustainable investments, defined as those that seek to generate both financial returns and a positive impact on one or more environmental, social or governance factors, is on the rise.  However, a significant number of investors still harbour concerns about this category of investments.  

April 1, 2024

Mackenzie Investments Announces Notional Distribution for an Exchange Traded Fund


TORONTO ­– April 1, 2024
– Mackenzie Investments today announced a notional non-cash reinvested distribution (a “Notional Distribution”) for Mackenzie All-Equity Allocation ETF (the “ETF”).

A Notional Distribution occurs when a distribution is made in the form of units, which are then immediately consolidated with the units held prior to the distribution, so that the total number of units held after the distribution is identical to the number of units held prior to the distribution.

March 25, 2024

Mackenzie Investments Announces March 2024 Distributions for its Exchange Traded Funds


TORONTO ­– March 25, 2024
– Mackenzie Investments today announced the March 2024 monthly cash distributions for its Exchange Traded Funds (“ETFs”) listed below that trade on the Toronto Stock Exchange (TSX) and Cboe Canada. Unitholders of record on April 2, 2024 will receive cash distributions payable on April 9, 2024.

March 12, 2024

Mackenzie Investments Announces March 2024 Quarterly Distributions for its Exchange Traded Funds

 

TORONTO, March 12, 2024 - Mackenzie Investments today announced the March 2024 quarterly cash distributions for its equity Exchange Traded Funds ("ETFs") listed below that trade on the Toronto Stock Exchange (TSX) and Cboe Canada. Unitholders of record on March 19, 2024 will receive cash distributions payable onMarch 26, 2024.

March 11, 2024

Mackenzie Investments Crowns Équipe de Compétition Mont Adstock as 2024 Mackenzie Top Peak Ski Champion

$100,000 prize to be used toward ski club initiatives and athlete development

TORONTO, ON – March 11, 2024 – Mackenzie Investments (“Mackenzie”) today announced that Équipe de Compétition Mont Adstock of Adstock, Quebec has won Mackenzie’s fourth annual Top Peak (“Top Peak”) ski contest. The $100,000 grand prize will be used to construct facilities and trails, and enhance racing infrastructure. 

March 6, 2024

Mackenzie Investments Announces Proposed Changes to Further Streamline Product Shelf


TORONTO, March 6, 2024 –
As part of its ongoing efforts to streamline its product shelf, Mackenzie Investments (“Mackenzie”) today announced one proposed fund merger and one proposed fund termination, subject to a vote by unitholders. Additionally, Mackenzie announced a portfolio management and investment strategy change to one mutual fund and ETF.

February 29, 2024

Mackenzie Investments Announces Additional Final Year-End Reinvested Distributions for its Exchange Traded Funds


TORONTO ­– February 29, 2024 
–Mackenzie Investments today announced additional final year-end reinvested distributions for its exchange-traded funds (“ETFs”) that trade on the Toronto Stock Exchange (“TSX”) for the 2023 tax year. Please note that this is an additional year-end distribution to the previously announced year-end reinvested distributions on December 21, 2023.

February 26, 2024

Mackenzie Investments Announces February 2024 Distributions for its Exchange Traded Funds


TORONTO ­– February 26, 2024
– Mackenzie Investments today announced the February 2024 monthly cash distributions for its Exchange Traded Funds (“ETFs”) listed below that trade on the Toronto Stock Exchange (TSX) and Cboe Canada. Unitholders of record on March 4, 2024 will receive cash distributions payable on March 11, 2024.

February 20, 2024

New Mackenzie Investments Solutions Offer Investors Access to Portfolio Diversification and Shariah-Compliant Investing

 
  • Mackenzie World Low Volatility ETF and Mackenzie World Low Volatility Fund offer downside mitigation with actively managed, global core portfolio mandate
  • Mackenzie Shariah Global Equity Fund provides access to global shariah-compliant equities
February 7, 2024

Mackenzie Investments Announces Select Fund and ETF Terminations


TORONTO, February 7, 2024 –
As part of its ongoing efforts to streamline its product shelf, Mackenzie Investments (“Mackenzie”) today announced the terminations of the Power Sustainable China Ascent Fund (the “Fund”) and the Mackenzie Portfolio Completion ETF (the “ETF”) (ticker symbol: MPCF).
 

February 5, 2024

Mackenzie Top Peak: Polls Are Open to Select Canada’s Top Three Most Invested Ski Communities

Ski hills coast to coast competing for $100,000 grand prize

TORONTO, ON – February 5, 2024 – Mackenzie Investments (“Mackenzie”) today announced that online voting is now open for all Canadians to select their top three ski communities as part of its annual Mackenzie Top Peak (“Top Peak”) contest. This national competition seeks to celebrate Canada’s most invested ski community – one that embodies the Top Peak mantra: Be Invested. On and Off the Hill.

February 2, 2024

Mackenzie Investments Wins Ten 2023 Fundata FundGrade® A+ Awards for Outstanding Investment Performance


TORONTO, February 2, 2024
 – Mackenzie Investments (“Mackenzie”) today announced that ten of its mutual funds and exchange traded funds (“ETFs”) have been recognized with 2023 Fundata FundGrade A+ Awards.  These are presented annually to Canadian investment funds that achieve consistently high FundGrade scores throughout the calendar year.

“It’s an honour to have so many of our investment solutions recognized for outstanding performance by Fundata,” said Luke Gould, President and CEO, Mackenzie Investments. "These awards are a testament to the dedication of our investment teams and their ongoing efforts to offer Canadians innovative options that deliver performance and create a more invested world."

Mackenzie won awards for the following funds:

January 26, 2024

Mackenzie Investments Announces January 2024 Distributions for its Exchange Traded Funds

TORONTO ­– January 29, 2024 – Mackenzie Investments today announced a revision to the January 2024 monthly cash distributions for its Exchange Traded Funds (“ETFs”) listed below that trade on the Toronto Stock Exchange (TSX) and Cboe Canada previously announced January 26, 2024. Unitholders of record on February 2, 2024 will receive cash distributions payable on February 9, 2024.

*Please note that the revision applies only to the distribution of the Mackenzie Canadian Ultra Short Bond Index ETF (QASH).

January 12, 2024

Mackenzie Master Limited Partnership announces final distribution of partnership income

TORONTO ­– January 12, 2024 – Mackenzie Financial Corporation (Mackenzie Investments), part of IGM Financial Inc. (TSX: IGM), today announced that Mackenzie Master Limited Partnership (Stock Symbol MKZ‐UN, CUSIP 554905109) has finalized a distribution of partnership income as follows:

January 11, 2024

Mackenzie Investments Launches Fourth Annual Top Peak Ski Contest

Ski communities across Canada will compete for the chance to win a $100,000 top prize to invest in their hills

TORONTO, ON – January 11, 2024 – Mackenzie Investments ("Mackenzie") today announced the launch of its fourth annual Mackenzie Top Peak ("Top Peak") competition, which celebrates and recognizes the most invested ski communities across Canada, and seeks to identify one special ski community that exemplifies the Top Peak mantra: “Be Invested. On and Off the Hill.” Building on the success of previous years, this season's edition features a revamped prizing structure that will encourage communities to consider environmentally conscious upgrades for their ski hills.

January 5, 2024

Mackenzie Investments Announces Revised Final Year-End Reinvested Distribution for Mackenzie Canadian Short-Term Bond Index ETF

TORONTO ­– January 5, 2024 – Mackenzie Investments today announced a revision to the final year-end reinvested distribution for Mackenzie Canadian Short-Term Bond Index ETF that trades on the Toronto Stock Exchange (“TSX”) for the 2023 tax year. Please note that this is an update to the final year-end reinvested distribution previously announced on December 21, 2023.

Mackenzie Investments Announces August 2024 Distributions for its Exchange Traded Funds


TORONTO ­– August 26, 2024
– Mackenzie Investments today announced the August 2024 monthly cash distributions for its Exchange Traded Funds (“ETFs”) listed below that trade on the Toronto Stock Exchange (TSX) and Cboe Canada. Unitholders of record on September 3, 2024 will receive cash distributions payable on September 10, 2024.