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High Yield Fixed Income
Click for more information on Fundata’s FundGrade.
NAVPS (02-13-2025) |
$9.02 |
---|---|
Change |
$0.01
(0.12%)
|
As at January 31, 2025
As at November 30, 2024
Inception Return (January 19, 2012): 3.60%
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% | 2.05% | 3.95% | 0.81% | 8.11% | 6.97% | 2.59% | 2.38% | 3.04% | 3.63% | 3.00% | 2.98% | 4.26% | 3.02% |
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 | 244 / 282 | 134 / 282 | 162 / 281 | 244 / 282 | 168 / 280 | 181 / 274 | 195 / 268 | 170 / 260 | 152 / 251 | 154 / 243 | 144 / 220 | 151 / 208 | 144 / 198 | 146 / 187 |
Quartile Ranking | 4 | 2 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 |
Return % | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.19% | 1.04% | -0.57% | 0.92% | 0.64% | 1.75% | 0.70% | 0.96% | 0.19% | 1.06% | 0.17% | 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% |
4.35% (March 2016)
-8.22% (March 2020)
Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | -4.50% | 11.01% | 3.73% | -3.21% | 9.07% | 5.72% | 3.74% | -9.83% | 8.21% | 8.27% |
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 | 3 | 3 | 4 | 3 | 3 | 2 | 3 | 3 | 3 | 2 |
Category Rank | 130/ 182 | 130/ 198 | 172/ 207 | 141/ 218 | 169/ 243 | 116/ 251 | 148/ 256 | 136/ 265 | 204/ 274 | 126/ 280 |
11.01% (2016)
-9.83% (2022)
Name | Percent |
---|---|
Foreign Corporate Bonds | 51.53 |
Canadian Corporate Bonds | 27.36 |
Cash and Equivalents | 13.94 |
Canadian Equity | 2.66 |
Foreign Bonds - Other | 1.61 |
Other | 2.90 |
Name | Percent |
---|---|
Fixed Income | 82.66 |
Cash and Cash Equivalent | 13.94 |
Utilities | 0.91 |
Industrial Goods | 0.68 |
Consumer Goods | 0.64 |
Other | 1.17 |
Name | Percent |
---|---|
North America | 98.68 |
Europe | 1.01 |
Latin America | 0.31 |
Name | Percent |
---|---|
Cash and Cash Equivalents | 7.45 |
Parkland Corp 4.38% 26-Mar-2029 | 1.71 |
Videotron Ltd 5.63% 15-Mar-2025 | 1.65 |
Videotron Ltd 3.63% 01-Feb-2025 | 1.61 |
Superior Plus LP 4.25% 18-May-2028 | 1.51 |
Mackenzie High Quality Floating Rate Fund Series R | 1.47 |
Parkland Corp 4.50% 01-Oct-2029 | 1.43 |
Keyera Corp 6.88% 13-Jun-2079 | 1.40 |
Inter Pipeline Ltd 6.88% 26-Mar-2079 | 1.30 |
TransCanada Trust 4.65% 18-May-2027 | 1.28 |
Mackenzie Corporate Bond Fund Series LB
Median
Other - High Yield Fixed Income
Standard Deviation | 5.22% | 6.15% | 5.30% |
---|---|---|---|
Beta | 0.61% | 0.68% | 0.45% |
Alpha | -0.02% | 0.00% | 0.00% |
Rsquared | 0.61% | 0.64% | 0.31% |
Sharpe | -0.20% | 0.14% | 0.28% |
Sortino | -0.08% | 0.04% | 0.03% |
Treynor | -0.02% | 0.01% | 0.03% |
Tax Efficiency | 26.17% | 41.21% | 41.53% |
Volatility |
|
|
|
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 2.05% | 5.22% | 6.15% | 5.30% |
Beta | 0.10% | 0.61% | 0.68% | 0.45% |
Alpha | 0.06% | -0.02% | 0.00% | 0.00% |
Rsquared | 0.03% | 0.61% | 0.64% | 0.31% |
Sharpe | 1.76% | -0.20% | 0.14% | 0.28% |
Sortino | 5.82% | -0.08% | 0.04% | 0.03% |
Treynor | 0.36% | -0.02% | 0.01% | 0.03% |
Tax Efficiency | 76.17% | 26.17% | 41.21% | 41.53% |
Start Date | January 19, 2012 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Commission Based Advice |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Monthly |
Assets ($mil) | $362 |
FundServ Code | Load Code | Sales Status |
---|---|---|
MFC4414 |
The Fund seeks above-average income with the potential for longterm growth of accumulated capital. The Fund invests primarily in higher yielding Canadian corporate securities (both equity and fixed-income securities). Any proposed change in the fundamental investment objectives of the Fund must be approved by a majority of the votes cast at a meeting of the Fund’s investors called for that purpose.
The Fund’s investments are generally expected to have a weighted average credit quality of “BB-” or higher, as rated by a recognized credit rating organization. The portfolio manager may vary the weighted average credit quality. The investment approach follows a fundamental analysis to select investments for the Fund, by reviewing the values of the Fund’s investments on an ongoing basis, paying particular attention to credit quality.
Name | Start Date |
---|---|
Konstantin Boehmer | 02-20-2020 |
Dan Cooper | 02-20-2020 |
Steve Locke | 02-20-2020 |
Movin Mokbel | 02-20-2020 |
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 |
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 |
MER | 1.76% |
---|---|
Management Fee | 1.35% |
Load | No Load |
FE Max | - |
DSC Max | - |
Trailer Fee Max (FE) | - |
Trailer Fee Max (DSC) | - |
Trailer Fee Max (NL) | 0.50% |
Trailer Fee Max (LL) | - |
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