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Mackenzie Ivy Canadian Fund Series LB

Canadian Focused Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(06-13-2024)
$18.70
Change
-$0.14 (-0.75%)

As at May 31, 2024

As at February 29, 2024

As at February 29, 2024

Period
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Legend

Mackenzie Ivy Canadian Fund Series LB

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Fund Returns

Inception Return (January 20, 2012): 7.01%

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 1.42% 0.41% 8.06% 5.75% 12.72% 8.28% 8.38% 10.43% 6.84% 5.98% 5.32% 5.43% 5.31% 5.49%
Benchmark 2.82% 4.55% 12.37% 8.69% 18.91% 9.31% 7.29% 12.56% 10.00% 8.64% 8.42% 9.16% 7.76% 8.02%
Category Average 2.48% 11.33% 11.33% 7.85% 17.16% 9.12% 6.86% 12.13% 9.49% 7.83% 7.43% 7.92% 6.54% 6.64%
Category Rank 523 / 610 480 / 608 501 / 608 440 / 608 458 / 607 407 / 595 257 / 587 461 / 573 539 / 563 468 / 526 462 / 500 434 / 444 374 / 418 344 / 397
Quartile Ranking 4 4 4 3 4 3 2 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 2.66% 0.32% -0.28% -3.41% -0.92% 6.12% 2.18% 2.22% 3.03% 0.40% -1.39% 1.42%
Benchmark 3.16% 2.78% -1.03% -3.68% -2.36% 7.23% 3.38% 0.82% 3.10% 3.64% -1.88% 2.82%

Best Monthly Return Since Inception

7.55% (November 2020)

Worst Monthly Return Since Inception

-12.83% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 11.09% 0.67% 13.92% 3.50% -8.90% 13.99% -3.85% 20.90% -3.04% 12.29%
Benchmark 10.96% -0.77% 14.44% 10.80% -7.14% 21.45% 7.58% 21.76% -8.87% 13.60%
Category Average 9.08% -2.47% 11.42% 8.06% -8.78% 18.54% 7.73% 22.26% -9.42% 13.34%
Quartile Ranking 3 2 3 4 3 4 4 4 1 3
Category Rank 204/ 382 173/ 407 252/ 440 392/ 463 332/ 516 496/ 552 538/ 566 451/ 574 126/ 588 365/ 600

Best Calendar Return (Last 10 years)

20.90% (2021)

Worst Calendar Return (Last 10 years)

-8.90% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 68.70
US Equity 24.17
International Equity 7.05
Cash and Equivalents 0.08

Sector Allocation

Sector Allocation
Name Percent
Financial Services 24.90
Consumer Services 16.06
Technology 13.22
Industrial Services 10.03
Healthcare 8.25
Other 27.54

Geographic Allocation

Geographic Allocation
Name Percent
North America 92.95
Europe 7.05

Top Holdings

Top Holdings
Name Percent
Intact Financial Corp 4.79
Brookfield Corp Cl A 4.70
Restaurant Brands International Inc 4.05
Royal Bank of Canada 3.86
Toronto-Dominion Bank 3.84
CCL Industries Inc Cl B 3.81
Visa Inc Cl A 3.57
Emera Inc 3.48
Microsoft Corp 3.37
Alimentation Couche-Tard Inc 3.33

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Mackenzie Ivy Canadian Fund Series LB

Median

Other - Canadian Focused Equity

3 Yr Annualized

Standard Deviation 10.42% 12.44% 10.24%
Beta 0.74% 0.80% 0.79%
Alpha 0.03% -0.01% -0.01%
Rsquared 0.84% 0.85% 0.82%
Sharpe 0.55% 0.43% 0.43%
Sortino 0.87% 0.51% 0.40%
Treynor 0.08% 0.07% 0.06%
Tax Efficiency 98.17% 98.52% 90.51%
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 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 8.58% 10.42% 12.44% 10.24%
Beta 0.70% 0.74% 0.80% 0.79%
Alpha 0.00% 0.03% -0.01% -0.01%
Rsquared 0.80% 0.84% 0.85% 0.82%
Sharpe 0.88% 0.55% 0.43% 0.43%
Sortino 2.22% 0.87% 0.51% 0.40%
Treynor 0.11% 0.08% 0.07% 0.06%
Tax Efficiency 99.41% 98.17% 98.52% 90.51%

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 January 20, 2012
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $704

Fund Codes

FundServ Code Load Code Sales Status
MFC4403

Investment Objectives

The Fund pursues long-term capital growth, while maintaining a commitment to protection of its capital. The Fund invests mainly in equity securities of high-quality largecapitalization Canadian companies. During periods of high market valuations, the Fund may maintain a significant portion of its assets in Canadian and U.S. short-term fixed-income securities to provide capital protection while awaiting more favourable investment conditions. Any proposed change in

Investment Strategy

The investment approach follows a blended growth and value investment style, by seeking companies having the greatest prospects for long-term growth. Strong consideration is also placed on assessing the investment’s intrinsic worth relative to its stock price. The review process includes analysis of the company’s competitive position, management strengths, expected profitability and financial position.

Portfolio Manager(s)

Name Start Date
Paul Musson 01-20-2012
Graham Meagher 10-31-2015
James Morrison 04-01-2016

Management and Organization

Fund Manager Mackenzie Financial Corporation
Advisor Mackenzie Financial Corporation
Custodian Canadian Imperial Bank of Commerce
Registrar Mackenzie Financial Corporation
Distributor LBC Financial Services Inc.
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 100

Fees

MER 2.55%
Management Fee 2.00%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

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