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IG Managed Growth Portfolio - Canadian Neutral Balanced C

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Canadian Neutral Balanced

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

NAVPS
(05-07-2024) 		$7.86
Change
$0.02 (0.28%)

As at March 31, 2024

As at January 31, 2024

Period
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Legend

IG Managed Growth Portfolio - Canadian Neutral Balanced C

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Fund Returns

Inception Return (January 16, 1989): 4.90%

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 2.42% 3.96% 11.90% 3.96% 8.76% 1.58% 1.91% 5.69% 3.33% 3.44% 2.76% 3.21% 2.60% 2.96%
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 59 / 449 277 / 449 185 / 447 277 / 449 280 / 438 346 / 419 375 / 396 381 / 385 368 / 374 359 / 364 348 / 351 338 / 339 305 / 306 292 / 294
Quartile Ranking 1 3 2 3 3 4 4 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 1.48% -3.08% 1.99% 1.34% -1.24% -3.18% -1.43% 5.44% 3.57% -0.08% 1.58% 2.42%
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

6.60% (March 2009)

Worst Monthly Return Since Inception

-8.81% (August 1998)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 6.74% 0.52% 5.43% 2.79% -5.02% 11.32% 3.83% 9.22% -12.08% 8.68%
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 3 4 4 3 4 4 4 4 2
Category Rank 234/ 293 160/ 306 298/ 338 337/ 351 254/ 362 329/ 372 309/ 381 344/ 396 405/ 416 197/ 436

Best Calendar Return (Last 10 years)

11.32% (2019)

Worst Calendar Return (Last 10 years)

-12.08% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 28.92
International Equity 12.09
Canadian Corporate Bonds 11.65
US Equity 11.32
Canadian Government Bonds 10.46
Other 25.56

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 33.93
Mutual Fund 30.61
Financial Services 9.58
Energy 4.88
Cash and Cash Equivalent 3.93
Other 17.07

Geographic Allocation

Geographic Allocation
Name Percent
North America 73.94
Multi-National 21.24
Latin America 1.63
Europe 1.36
Africa and Middle East 0.86
Other 0.97

Top Holdings

Top Holdings
Name Percent
Mackenzie IG Canadian Equity Pool Series P 31.71
Mackenzie IG Canadian Bond Pool Series P 26.63
Mack US Equity Pool Sr IG 10.91
Mack EAFE Equity Pool Sr IG 10.24
Mackenzie Broad Risk Premia Collection Fund Sr IG 8.66
Mackenzie North American Corporate Bond Fund A 7.08
Mackenzie Emerging Markets Bond Idx ETF C$H (QEBH) 2.53
Mackenzie Enhanced Fixed Income Risk Premia Fund Sr IG 1.72
Mackenzie Emerging Markets Large Cap Fund Sr IG 0.40
Currency Hedge contract #HG537 0.08

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

IG Managed Growth Portfolio - Canadian Neutral Balanced C

Median

Other - Canadian Neutral Balanced

3 Yr Annualized

Standard Deviation 9.92% 9.36% 7.27%
Beta 1.03% 0.88% 0.84%
Alpha -0.02% -0.02% -0.01%
Rsquared 0.96% 0.93% 0.90%
Sharpe -0.02% 0.19% 0.25%
Sortino -0.09% 0.10% 0.03%
Treynor 0.00% 0.02% 0.02%
Tax Efficiency 78.21% 92.12% 73.08%
Volatility Volatility rating is 5 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 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.06% 9.92% 9.36% 7.27%
Beta 0.94% 1.03% 0.88% 0.84%
Alpha 0.01% -0.02% -0.02% -0.01%
Rsquared 0.98% 0.96% 0.93% 0.90%
Sharpe 0.45% -0.02% 0.19% 0.25%
Sortino 1.10% -0.09% 0.10% 0.03%
Treynor 0.04% 0.00% 0.02% 0.02%
Tax Efficiency 94.33% 78.21% 92.12% 73.08%

Fund Details

Start Date January 16, 1989
Instrument Type Mutual Fund (Wrap Program)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Partially Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
IGI095

Investment Objectives

The Portfolio aims to provide income and long-term growth by investing primarily in Underlying Funds.

Investment Strategy

The Portfolio will obtain exposure to equity securities and fixed income primarily by investing in Underlying Funds and/or directly in securities. Under normal market conditions, exposures to fixed income and equity will generally be kept within the following ranges: Asset Class Exposure Range - Fixed Income 20-50%, Equity 50-70%. The Sub-advisor will adjust the percentage of the Portfolio invested in each asset class based on changes in the market outlook for each asset class.

Portfolio Manager(s)

Name Start Date
Nelson Arruda 08-01-2021
Mackenzie Financial Corporation 05-03-2023

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 250
SWP Min Withdrawal 100

Fees

MER 2.59%
Management Fee 1.77%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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