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High Yield Fixed Income
Click for more information on Fundata’s FundGrade.
NAVPS (07-25-2024) |
$9.44 |
---|---|
Change |
$0.00
(-0.05%)
|
As at June 30, 2024
As at April 30, 2024
Inception Return (June 18, 2009): 4.20%
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 | 0.75% | 1.05% | 2.56% | 2.56% | 7.74% | 5.92% | -0.49% | 1.99% | 1.78% | 2.07% | 1.81% | 2.72% | 2.12% | 1.81% |
Benchmark | 1.79% | 2.35% | 6.59% | 6.59% | 14.42% | 13.47% | 3.38% | 3.80% | 3.77% | 4.27% | 4.15% | 5.14% | 5.27% | 5.98% |
Category Average | 0.68% | 2.56% | 2.56% | 2.56% | 7.97% | 6.42% | 0.23% | 2.95% | 2.20% | 2.59% | 2.42% | 3.11% | 2.73% | 2.49% |
Category Rank | 167 / 301 | 184 / 301 | 201 / 301 | 201 / 301 | 219 / 295 | 237 / 292 | 230 / 286 | 235 / 276 | 212 / 270 | 202 / 250 | 191 / 238 | 166 / 221 | 163 / 193 | 160 / 181 |
Quartile Ranking | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.66% | -0.08% | -1.06% | -0.67% | 3.47% | 2.70% | 0.56% | -0.08% | 1.01% | -0.73% | 1.04% | 0.75% |
Benchmark | 1.08% | 2.51% | -1.32% | 1.59% | 2.42% | 0.89% | 1.39% | 1.87% | 0.83% | 0.55% | 0.00% | 1.79% |
4.49% (March 2016)
-9.03% (March 2020)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | 1.25% | -6.06% | 13.10% | 4.76% | -5.60% | 11.50% | 5.34% | 2.30% | -11.14% | 7.68% |
Benchmark | 8.91% | 14.93% | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% |
Category Average | 2.69% | -2.71% | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% |
Quartile Ranking | 4 | 4 | 2 | 3 | 4 | 2 | 2 | 4 | 4 | 4 |
Category Rank | 155/ 173 | 171/ 185 | 82/ 201 | 119/ 229 | 230/ 240 | 97/ 265 | 133/ 275 | 218/ 277 | 228/ 286 | 231/ 295 |
13.10% (2016)
-11.14% (2022)
Name | Percent |
---|---|
Foreign Corporate Bonds | 62.04 |
Canadian Corporate Bonds | 18.65 |
Cash and Equivalents | 9.10 |
Foreign Bonds - Funds | 3.02 |
Foreign Government Bonds | 2.95 |
Other | 4.24 |
Name | Percent |
---|---|
Fixed Income | 88.26 |
Cash and Cash Equivalent | 9.10 |
Industrial Goods | 0.70 |
Consumer Goods | 0.47 |
Utilities | 0.44 |
Other | 1.03 |
Name | Percent |
---|---|
North America | 91.96 |
Multi-National | 3.05 |
Latin America | 2.66 |
Europe | 1.95 |
Africa and Middle East | 0.24 |
Other | 0.14 |
Name | Percent |
---|---|
Cash and Cash Equivalents | 3.92 |
Mackenzie Global Sustainable High Yield Bond Fund Series R | 3.02 |
Mackenzie Global High Yield Fixed Incom ETF (MHYB) | 1.87 |
Mexico Government 8.50% 01-Mar-2029 | 1.26 |
Keyera Corp 6.88% 13-Jun-2079 | 1.14 |
Inter Pipeline Ltd 6.88% 26-Mar-2079 | 1.10 |
Enbridge Inc 5.38% 27-Sep-2027 | 1.02 |
Videotron Ltd 3.63% 26-Jul-2024 | 1.00 |
Northleaf Private Credit II LP MI 15 | 0.94 |
TransCanada Trust 4.65% 18-May-2027 | 0.93 |
Mackenzie North American Corporate Bond Fund Series A
Median
Other - High Yield Fixed Income
Standard Deviation | 5.94% | 6.87% | 6.19% |
---|---|---|---|
Beta | 0.68% | 0.80% | 0.47% |
Alpha | -0.03% | -0.01% | -0.01% |
Rsquared | 0.61% | 0.68% | 0.28% |
Sharpe | -0.56% | -0.01% | 0.08% |
Sortino | -0.71% | -0.18% | -0.21% |
Treynor | -0.05% | 0.00% | 0.01% |
Tax Efficiency | - | 9.08% | 1.81% |
Volatility |
|
|
|
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 4.68% | 5.94% | 6.87% | 6.19% |
Beta | 0.44% | 0.68% | 0.80% | 0.47% |
Alpha | 0.02% | -0.03% | -0.01% | -0.01% |
Rsquared | 0.12% | 0.61% | 0.68% | 0.28% |
Sharpe | 0.58% | -0.56% | -0.01% | 0.08% |
Sortino | 2.37% | -0.71% | -0.18% | -0.21% |
Treynor | 0.06% | -0.05% | 0.00% | 0.01% |
Tax Efficiency | 77.28% | - | 9.08% | 1.81% |
Start Date | June 18, 2009 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Commission Based Advice |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Monthly |
Assets ($mil) | $1,095 |
FundServ Code | Load Code | Sales Status |
---|---|---|
MFC2979 | ||
MFC3683 | ||
MFC4214 | ||
MFC7186 |
The Fund seeks to generate above-average income with potential for long-term capital growth by investing primarily in higher yielding fixed-income securities of corporate issuers.
The Fund will generally invest more than 40% of its assets in fixed income securities that have a credit rating below “BBB-” as rated by a recognized credit rating organization and may invest in unrated debt instruments. Where securities have a lower credit qualify, a bottom-up approach including an analysis of business, cash flows and recovery value will also be sued to value the opportunity.
Name | Start Date |
---|---|
Movin Mokbel | 02-20-2020 |
Steve Locke | 02-20-2020 |
Konstantin Boehmer | 02-20-2020 |
Dan Cooper | 02-20-2020 |
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 | 0 |
MER | 1.86% |
---|---|
Management Fee | 1.45% |
Load | Choice of Front or No Load |
FE Max | - |
DSC Max | 5.50% |
Trailer Fee Max (FE) | - |
Trailer Fee Max (DSC) | 0.50% |
Trailer Fee Max (NL) | - |
Trailer Fee Max (LL) | - |
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