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Mackenzie Ivy Canadian Balanced Fund Series A

Canadian Equity Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2016

Click for more information on Fundata’s FundGrade

NAVPS
(06-12-2024)
$29.31
Change
$0.10 (0.33%)

As at May 31, 2024

As at February 29, 2024

As at February 29, 2024

Period
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Legend

Mackenzie Ivy Canadian Balanced Fund Series A

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Fund Returns

Inception Return (October 13, 1992): 6.17%

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 1.57% 0.46% 6.70% 4.06% 10.28% 6.39% 5.63% 7.69% 5.05% 4.86% 4.26% 4.63% 4.59% 4.81%
Benchmark 2.08% 3.42% 8.77% 4.80% 13.17% 5.56% 4.94% 9.43% 7.57% 7.00% 6.79% 7.18% 6.15% 6.16%
Category Average 2.05% 7.74% 7.74% 4.10% 11.33% 5.60% 4.20% 7.98% 6.04% 5.38% 4.97% 5.48% 4.72% 4.83%
Category Rank 317 / 366 280 / 364 291 / 362 241 / 363 272 / 360 144 / 357 94 / 350 229 / 323 281 / 322 227 / 296 233 / 277 230 / 256 176 / 245 160 / 227
Quartile Ranking 4 4 4 3 4 2 2 3 4 4 4 4 3 3

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 2.05% 0.04% -0.37% -3.11% -0.61% 5.51% 2.54% 1.34% 2.22% 0.45% -1.53% 1.57%
Benchmark 2.51% 1.67% -1.08% -3.16% -2.30% 6.66% 3.79% 0.07% 1.27% 3.22% -1.85% 2.08%

Best Monthly Return Since Inception

7.10% (April 2020)

Worst Monthly Return Since Inception

-12.02% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 11.11% -0.08% 14.77% 2.94% -6.64% 14.06% -1.73% 14.97% -5.39% 10.58%
Benchmark 10.25% -5.39% 15.95% 7.50% -6.34% 18.83% 6.85% 17.62% -7.12% 10.48%
Category Average 8.24% -2.09% 10.63% 6.12% -6.63% 14.36% 4.77% 15.38% -7.74% 9.70%
Quartile Ranking 1 3 1 4 3 3 4 3 2 2
Category Rank 30/ 219 126/ 245 57/ 253 249/ 265 160/ 294 226/ 314 301/ 322 204/ 348 107/ 356 127/ 360

Best Calendar Return (Last 10 years)

14.97% (2021)

Worst Calendar Return (Last 10 years)

-6.64% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 53.34
US Equity 17.45
Canadian Corporate Bonds 10.01
Canadian Government Bonds 7.83
International Equity 4.99
Other 6.38

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 21.28
Financial Services 19.33
Consumer Services 12.47
Technology 10.18
Industrial Services 7.55
Other 29.19

Geographic Allocation

Geographic Allocation
Name Percent
North America 94.34
Europe 5.02
Latin America 0.43
Multi-National 0.02
Asia 0.01
Other 0.18

Top Holdings

Top Holdings
Name Percent
Intact Financial Corp 3.70
Brookfield Corp Cl A 3.63
Royal Bank of Canada 3.19
Restaurant Brands International Inc 3.13
Toronto-Dominion Bank 2.96
CCL Industries Inc Cl B 2.94
Alimentation Couche-Tard Inc 2.84
Emera Inc 2.69
Visa Inc Cl A 2.55
Telus Corp 2.55

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

Mackenzie Ivy Canadian Balanced Fund Series A

Median

Other - Canadian Equity Balanced

3 Yr Annualized

Standard Deviation 9.08% 10.96% 9.00%
Beta 0.75% 0.82% 0.81%
Alpha 0.02% -0.01% 0.00%
Rsquared 0.85% 0.87% 0.83%
Sharpe 0.33% 0.32% 0.41%
Sortino 0.50% 0.32% 0.33%
Treynor 0.04% 0.04% 0.05%
Tax Efficiency 92.91% 91.18% 78.73%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.70% 9.08% 10.96% 9.00%
Beta 0.70% 0.75% 0.82% 0.81%
Alpha 0.01% 0.02% -0.01% 0.00%
Rsquared 0.80% 0.85% 0.87% 0.83%
Sharpe 0.68% 0.33% 0.32% 0.41%
Sortino 1.79% 0.50% 0.32% 0.33%
Treynor 0.08% 0.04% 0.04% 0.05%
Tax Efficiency 96.16% 92.91% 91.18% 78.73%

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date October 13, 1992
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $634

Fund Codes

FundServ Code Load Code Sales Status
MFC082
MFC1625
MFC3160
MFC612
MFC7021

Investment Objectives

The Fund seeks capital growth and current income by investing primarily in a combination of Canadian equity and fixed-income securities.

Investment Strategy

The Fund’s asset mix will generally be kept within the following ranges: 60-90% equity securities; 10-40% fixed-income securities, including cash and cash equivalents. The asset allocation portfolio manager will adjust the percentage of the Fund invested in each asset class based on changes in the market outlook for each asset class. The equity portfolio manager employs a blended growth and value investment style.

Portfolio Manager(s)

Name Start Date
Paul Musson 01-02-2009
Steve Locke 05-01-2013
Dan Cooper 05-01-2013
Movin Mokbel 05-01-2013
Felix Wong 05-01-2013
Konstantin Boehmer 07-01-2013
James Morrison 04-01-2016
Nelson Arruda 02-20-2020
Marlena Zabielska 09-30-2021

Management and Organization

Fund Manager Mackenzie Financial Corporation
Advisor Mackenzie Financial Corporation
Custodian Canadian Imperial Bank of Commerce
Registrar Mackenzie Financial Corporation
Distributor -
Auditor Deloitte & Touche LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 0

Fees

MER 2.17%
Management Fee 1.75%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max 5.50%
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) 0.50%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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