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Alternative Multi-Stratgy
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|
NAVPS (04-30-2024) |
$8.30 |
|---|---|
| Change |
-$0.02
(-0.29%)
|
As at March 31, 2024
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Inception Return (May 23, 2018): -2.66%
| 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 | 1.20% | 1.59% | 3.03% | 1.59% | 1.78% | -0.16% | -0.48% | -2.69% | -2.62% | - | - | - | - | - |
| Benchmark | 4.14% | 6.62% | 15.26% | 6.62% | 13.96% | 3.95% | 9.11% | 16.99% | 9.96% | 9.65% | 8.48% | 9.70% | 7.76% | 7.67% |
| Category Average | 1.83% | 7.09% | 7.09% | 3.43% | 6.86% | 2.23% | 2.37% | 5.29% | - | - | - | - | - | - |
| Category Rank | 61 / 105 | 78 / 103 | 77 / 100 | 78 / 103 | 71 / 91 | 51 / 72 | 57 / 61 | 51 / 51 | 43 / 43 | - | - | - | - | - |
| Quartile Ranking | 3 | 4 | 4 | 4 | 4 | 3 | 4 | 4 | 4 | - | - | - | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.21% | -1.80% | -0.04% | 1.28% | -0.56% | 0.13% | 0.21% | 0.67% | 0.54% | -0.71% | 1.10% | 1.20% |
| Benchmark | 2.90% | -4.95% | 3.36% | 2.58% | -1.37% | -3.33% | -3.21% | 7.48% | 3.91% | 0.55% | 1.82% | 4.14% |
2.35% (July 2020)
-3.24% (June 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | 1.67% | -7.64% | 0.05% | -7.04% | -0.46% |
| Benchmark | 10.55% | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% |
| Category Average | - | - | - | - | - | - | 4.04% | 6.86% | -5.49% | 4.47% |
| Quartile Ranking | - | - | - | - | - | 3 | 4 | 4 | 3 | 4 |
| Category Rank | - | - | - | - | - | 15/ 26 | 47/ 47 | 51/ 58 | 49/ 71 | 71/ 91 |
1.67% (2019)
-7.64% (2020)
Mackenzie Multi-Strategy Absolute Return Fund Series A
Median
Other - Alternative Multi-Stratgy
| Standard Deviation | 4.03% | 4.32% | - |
|---|---|---|---|
| Beta | 0.04% | 0.04% | - |
| Alpha | -0.01% | -0.03% | - |
| Rsquared | 0.02% | 0.02% | - |
| Sharpe | -0.75% | -1.04% | - |
| Sortino | -0.94% | -1.34% | - |
| Treynor | -0.73% | -1.23% | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.11% | 4.03% | 4.32% | - |
| Beta | 0.15% | 0.04% | 0.04% | - |
| Alpha | 0.00% | -0.01% | -0.03% | - |
| Rsquared | 0.39% | 0.02% | 0.02% | - |
| Sharpe | -0.94% | -0.75% | -1.04% | - |
| Sortino | -0.48% | -0.94% | -1.34% | - |
| Treynor | -0.19% | -0.73% | -1.23% | - |
| Tax Efficiency | 100.00% | - | - | - |
| Start Date | May 23, 2018 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $58 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC5546 |
The Fund seeks to provide a positive total return over a market cycle, regardless of market conditions or general market direction, by employing one or more of the following alternative investment strategies: Credit Alternative Strategy, Global Macro, Long/Short Equity and/or Equity Market Neutral. These strategies will be used to gain exposure to a broad range of asset classes, including equities, fixed-income securities and/or convertible securities issued by companies anywhere in the world.
The Fund will be managed with a disciplined strategic asset allocation approach. The asset allocation portfolio manager employs a disciplined total portfolio management approach to constructing the Fund. The Fund is built upon long-term strategic allocations to each underlying strategy. The Fund has the flexibility to dynamically tilt the allocations according to the attractiveness of each of the underlying strategies.
| Name | Start Date |
|---|---|
| Richard B. Weed | 05-23-2018 |
| Steve Locke | 05-23-2018 |
| Felix Wong | 02-20-2020 |
| Matthew Cardillo | 02-20-2020 |
| Movin Mokbel | 02-20-2020 |
| Konstantin Boehmer | 02-20-2020 |
| Nelson Arruda | 02-20-2020 |
| Dan Cooper | 02-20-2020 |
| Michael Kapler | 02-21-2020 |
| Fund Manager | Mackenzie Financial Corporation |
|---|---|
| Advisor | Mackenzie Financial Corporation |
| Custodian | Canadian Imperial Bank of Commerce |
| Registrar | Mackenzie Financial Corporation |
| Distributor | - |
| Auditor | Deloitte and Touche LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 100 |
| MER | 2.96% |
|---|---|
| Management Fee | 2.10% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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