SCHEDULE 13G/A: Mackenzie Financial Corporation Discloses 5.75% Stake in CAE Inc. Common Shares

Mackenzie Financial Corporation has filed an amended Schedule 13G, reporting beneficial ownership of 5.75% of CAE Inc.'s common shares as of December 31, 2024.

Summary

• Mackenzie Financial Corporation, an investment adviser based in Toronto, Ontario, Canada, has filed an Amendment No. 5 to Schedule 13G.
• The filing discloses Mackenzie Financial Corporation's beneficial ownership of 18,325,769 common shares of CAE Inc.
• This ownership represents 5.75% of the total outstanding common shares of CAE Inc.
• Mackenzie Financial Corporation holds sole voting power and sole dispositive power over all 18,325,769 shares.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of CAE Inc.

Sentiment

Score: 5

Explanation: The document is a factual regulatory filing disclosing beneficial ownership and does not contain information that would significantly alter the sentiment towards the issuer, CAE Inc., beyond the routine disclosure of an institutional stake.

Positives

• The disclosure of a significant stake (5.75%) by a reputable investment adviser like Mackenzie Financial Corporation may signal institutional confidence in CAE Inc.

Future Outlook

The document, a Schedule 13G filing, is a disclosure of beneficial ownership and does not contain any forward-looking statements or guidance regarding CAE Inc.'s future outlook.

Management Comments

• Mackenzie Financial Corporation certifies that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of CAE Inc.

Industry Context

This filing is a routine regulatory disclosure of a significant institutional ownership stake in CAE Inc., a company operating in the simulation and training industry. It reflects an investment decision by Mackenzie Financial Corporation within the broader financial market context.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's stake in CAE Inc., confirming a substantial portion of shares are held by a large investment adviser.

Key Dates

Keywords

CAE Inc., Mackenzie Financial Corporation, Schedule 13G, Common Shares, Beneficial Ownership, Investment Adviser, Institutional Investor