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High Yield Fixed Income
Click for more information on Fundata’s FundGrade.
NAVPS (02-11-2025) |
$9.60 |
---|---|
Change |
-$0.01
(-0.10%)
|
As at January 31, 2025
As at October 31, 2024
Inception Return (June 18, 2009): 4.39%
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 | 0.81% | 1.72% | 3.61% | 0.81% | 7.62% | 6.21% | 1.80% | 1.36% | 2.14% | 3.03% | 2.25% | 2.52% | 4.02% | 2.65% |
Benchmark | 1.94% | 4.92% | 8.91% | 1.94% | 17.87% | 13.35% | 7.82% | 5.31% | 5.10% | 5.92% | 5.97% | 5.62% | 6.11% | 6.06% |
Category Average | 1.01% | 1.78% | 3.78% | 1.01% | 7.76% | 6.65% | 2.51% | 2.10% | 2.69% | 3.39% | 2.90% | 3.13% | 4.14% | 3.18% |
Category Rank | 242 / 282 | 193 / 282 | 211 / 281 | 242 / 282 | 197 / 280 | 235 / 274 | 246 / 268 | 229 / 260 | 211 / 251 | 208 / 243 | 195 / 220 | 181 / 208 | 155 / 198 | 160 / 187 |
Quartile Ranking | 4 | 3 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Return % | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | -0.08% | 1.01% | -0.73% | 1.04% | 0.75% | 1.84% | 0.90% | 1.05% | -0.11% | 0.98% | -0.07% | 0.81% |
Benchmark | 1.87% | 0.83% | 0.55% | 0.00% | 1.79% | 2.95% | -0.48% | 2.00% | 2.26% | 0.82% | 2.08% | 1.94% |
4.49% (March 2016)
-9.03% (March 2020)
Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | -6.06% | 13.10% | 4.76% | -5.60% | 11.50% | 5.34% | 2.30% | -11.14% | 7.68% | 7.34% |
Benchmark | 14.93% | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% | 17.23% |
Category Average | -2.71% | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% | 7.12% |
Quartile Ranking | 4 | 2 | 3 | 4 | 2 | 3 | 4 | 4 | 4 | 3 |
Category Rank | 169/ 182 | 81/ 198 | 117/ 207 | 209/ 218 | 96/ 243 | 130/ 251 | 217/ 256 | 215/ 265 | 228/ 274 | 173/ 280 |
13.10% (2016)
-11.14% (2022)
Name | Percent |
---|---|
Foreign Corporate Bonds | 58.04 |
Canadian Corporate Bonds | 16.35 |
Cash and Equivalents | 16.04 |
Foreign Bonds - Funds | 3.01 |
Canadian Equity | 1.53 |
Other | 5.03 |
Name | Percent |
---|---|
Fixed Income | 81.84 |
Cash and Cash Equivalent | 16.04 |
Consumer Goods | 0.46 |
Utilities | 0.44 |
Industrial Goods | 0.43 |
Other | 0.79 |
Name | Percent |
---|---|
North America | 93.90 |
Multi-National | 3.03 |
Europe | 1.52 |
Latin America | 1.16 |
Africa and Middle East | 0.26 |
Other | 0.13 |
Name | Percent |
---|---|
Cash and Cash Equivalents | 9.24 |
Mackenzie Global Sustainable High Yield Bond Fund Series R | 3.01 |
Mackenzie Global High Yield Fixed Incom ETF (MHYB) | 1.80 |
Mackenzie High Quality Floating Rate Fund Series R | 1.47 |
Videotron Ltd 3.63% 01-Feb-2025 | 0.99 |
Keyera Corp 6.88% 13-Jun-2079 | 0.94 |
Northleaf Private Credit II LP MI 15 | 0.91 |
Inter Pipeline Ltd 6.88% 26-Mar-2079 | 0.90 |
TransCanada Trust 4.65% 18-May-2027 | 0.82 |
Enbridge Inc 8.75% 15-Oct-2033 | 0.79 |
Mackenzie North American Corporate Bond Fund Series A
Median
Other - High Yield Fixed Income
Standard Deviation | 5.98% | 6.92% | 6.12% |
---|---|---|---|
Beta | 0.70% | 0.77% | 0.52% |
Alpha | -0.04% | -0.02% | 0.00% |
Rsquared | 0.61% | 0.66% | 0.31% |
Sharpe | -0.30% | 0.00% | 0.19% |
Sortino | -0.24% | -0.12% | -0.04% |
Treynor | -0.03% | 0.00% | 0.02% |
Tax Efficiency | - | 19.91% | 34.22% |
Volatility |
|
|
|
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 2.48% | 5.98% | 6.92% | 6.12% |
Beta | 0.04% | 0.70% | 0.77% | 0.52% |
Alpha | 0.07% | -0.04% | -0.02% | 0.00% |
Rsquared | 0.00% | 0.61% | 0.66% | 0.31% |
Sharpe | 1.27% | -0.30% | 0.00% | 0.19% |
Sortino | 3.83% | -0.24% | -0.12% | -0.04% |
Treynor | 0.76% | -0.03% | 0.00% | 0.02% |
Tax Efficiency | 75.97% | - | 19.91% | 34.22% |
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) | $986 |
FundServ Code | Load Code | Sales Status |
---|---|---|
MFC2979 | ||
MFC3683 | ||
MFC4214 |
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 | KPMG 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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