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IG Mackenzie Strategic Income Fund Series C

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Canadian Neutral Balanced

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

NAVPS
(05-01-2024) 		$12.57
Change
$0.00 (0.00%)

As at March 31, 2024

As at January 31, 2024

Period
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Legend

IG Mackenzie Strategic Income Fund Series C

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Fund Returns

Inception Return (January 14, 2013): 4.37%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 2.05% 4.27% 10.98% 4.27% 8.59% 2.67% 3.04% 7.04% 3.89% 3.83% 3.61% 4.80% 3.67% 3.85%
Benchmark 2.49% 3.02% 11.45% 3.02% 8.50% 2.25% 4.35% 8.81% 5.72% 5.93% 5.33% 5.97% 4.90% 5.27%
Category Average 1.87% 11.41% 11.41% 3.77% 8.76% 2.37% 3.43% 7.70% 4.72% 4.57% 4.21% 4.68% 3.79% 4.24%
Category Rank 190 / 450 215 / 450 338 / 448 215 / 450 291 / 439 235 / 420 338 / 397 336 / 386 352 / 375 338 / 365 313 / 352 245 / 340 242 / 307 255 / 295
Quartile Ranking 2 2 4 2 3 3 4 4 4 4 4 3 4 4

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 1.74% -2.96% 1.64% 0.65% -0.68% -2.45% -1.10% 4.64% 2.85% 0.39% 1.78% 2.05%
Benchmark 2.00% -3.45% 1.83% 0.93% -0.84% -3.01% -1.57% 6.01% 3.69% -0.31% 0.82% 2.49%

Best Monthly Return Since Inception

5.81% (November 2020)

Worst Monthly Return Since Inception

-9.23% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 4.91% -1.82% 10.72% 6.45% -4.01% 11.78% 3.14% 9.18% -8.11% 7.27%
Benchmark 9.98% -3.02% 11.97% 6.22% -4.30% 15.62% 7.61% 11.90% -8.20% 9.43%
Category Average 7.98% 0.06% 6.65% 5.72% -4.72% 12.57% 6.33% 10.85% -9.35% 8.27%
Quartile Ranking 4 4 2 2 3 4 4 4 3 4
Category Rank 282/ 294 236/ 307 107/ 339 164/ 352 197/ 363 311/ 373 320/ 382 346/ 397 227/ 417 342/ 437

Best Calendar Return (Last 10 years)

11.78% (2019)

Worst Calendar Return (Last 10 years)

-8.11% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 27.59
Foreign Corporate Bonds 19.93
US Equity 15.38
Canadian Corporate Bonds 15.09
International Equity 10.14
Other 11.87

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 41.40
Financial Services 13.14
Technology 7.53
Energy 6.55
Cash and Cash Equivalent 4.72
Other 26.66

Geographic Allocation

Geographic Allocation
Name Percent
North America 85.68
Europe 8.56
Asia 2.75
Latin America 2.48
Africa and Middle East 0.12
Other 0.41

Top Holdings

Top Holdings
Name Percent
Mackenzie Global High Yield Fixed Incom ETF (MHYB) 2.37
Royal Bank of Canada 2.03
Bank of Montreal 1.59
Microsoft Corp 1.44
Toronto-Dominion Bank 1.38
Canadian Natural Resources Ltd 1.30
United States Dollars 1.26
Canadian Pacific Kansas City Ltd 1.23
Canadian National Railway Co 1.00
Loblaw Cos Ltd 0.96

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

IG Mackenzie Strategic Income Fund Series C

Median

Other - Canadian Neutral Balanced

3 Yr Annualized

Standard Deviation 7.63% 8.54% 7.08%
Beta 0.79% 0.81% 0.81%
Alpha 0.00% -0.01% 0.00%
Rsquared 0.95% 0.93% 0.88%
Sharpe 0.09% 0.26% 0.38%
Sortino 0.05% 0.19% 0.20%
Treynor 0.01% 0.03% 0.03%
Tax Efficiency 58.94% 77.02% 73.03%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.65% 7.63% 8.54% 7.08%
Beta 0.79% 0.79% 0.81% 0.81%
Alpha 0.02% 0.00% -0.01% 0.00%
Rsquared 0.97% 0.95% 0.93% 0.88%
Sharpe 0.50% 0.09% 0.26% 0.38%
Sortino 1.23% 0.05% 0.19% 0.20%
Treynor 0.05% 0.01% 0.03% 0.03%
Tax Efficiency 90.65% 58.94% 77.02% 73.03%

Fund Details

Start Date January 14, 2013
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $232

Fund Codes

FundServ Code Load Code Sales Status
IGI912
IGI915

Investment Objectives

The Fund seeks income with the potential for long-term capital growth by investing primarily in fixed income investments and/or securities that pay dividends or other income.

Investment Strategy

The Fund will pursue a flexible approach to investing in fixed income and/or equity asset classes anywhere in the world. Currently, it invests primarily in North America. The Fund will generally invest 30% to 70% of its assets in any one asset class, but may invest 0% to 100% of its assets in any one asset class. Allocations between asset classes are based on economic conditions and/or the portfolio managers’ assessment of relative valuations.

Portfolio Manager(s)

Name Start Date
I.G. Investment Management, Ltd. 01-14-2013
Steve Locke 05-16-2013
William Aldridge 08-31-2022
Darren McKiernan 08-31-2022
Tim Johal 08-31-2022
Konstantin Boehmer 08-31-2022

Management and Organization

Fund Manager I.G. Investment Management, Ltd.
Advisor I.G. Investment Management, Ltd.
Custodian Canadian Imperial Bank of Commerce
Registrar I.G. Investment Management, Ltd.
Distributor Investors Group Financial Services Inc.
Auditor Deloitte LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 0
SWP Min Withdrawal 100

Fees

MER 2.94%
Management Fee 1.95%
Load Choice of Front or Back
FE Max -
DSC Max 1.50%
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) 0.70%
Trailer Fee Max (NL) 0.70%
Trailer Fee Max (LL) -

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