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High Yield Fixed Income
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2013, 2012
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|
NAVPS (03-24-2026) |
$8.84 |
|---|---|
| Change |
-$0.02
(-0.18%)
|
As at February 28, 2026
As at December 31, 2025
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Inception Return (January 19, 2012): 3.62%
| 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 | 0.44% | 0.55% | 1.92% | 0.54% | 3.79% | 6.02% | 6.23% | 3.38% | 2.68% | 3.30% | 3.55% | 3.25% | 3.04% | 4.26% |
| Benchmark | 0.83% | -0.23% | 2.36% | 0.57% | 3.80% | 9.79% | 10.10% | 7.53% | 5.17% | 4.97% | 5.40% | 5.34% | 5.14% | 6.28% |
| Category Average | 0.25% | 1.06% | 2.36% | 0.79% | 5.16% | 6.69% | 6.77% | 3.68% | 2.75% | 3.35% | 3.56% | 3.31% | 3.28% | 4.30% |
| Category Rank | 88 / 246 | 161 / 244 | 150 / 242 | 131 / 245 | 172 / 241 | 164 / 237 | 185 / 231 | 165 / 225 | 159 / 222 | 152 / 213 | 139 / 206 | 126 / 184 | 129 / 172 | 127 / 164 |
| Quartile Ranking | 2 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 4 |
| Return % | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.93% | -0.68% | 1.33% | 0.94% | 0.68% | 0.51% | 0.86% | 0.09% | 0.41% | 0.01% | 0.10% | 0.44% |
| Benchmark | -0.24% | -3.14% | 1.07% | 1.47% | 1.52% | 0.80% | 2.13% | 0.55% | -0.09% | -0.80% | -0.26% | 0.83% |
4.35% (March 2016)
-8.22% (March 2020)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 11.01% | 3.73% | -3.21% | 9.07% | 5.72% | 3.74% | -9.83% | 8.21% | 8.27% | 4.45% |
| Benchmark | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% | 17.23% | 5.59% |
| Category Average | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% | 7.12% | 5.98% |
| Quartile Ranking | 3 | 4 | 3 | 4 | 2 | 3 | 2 | 4 | 2 | 4 |
| Category Rank | 118/ 163 | 149/ 171 | 113/ 182 | 155/ 206 | 91/ 213 | 131/ 218 | 103/ 225 | 180/ 231 | 106/ 237 | 191/ 238 |
11.01% (2016)
-9.83% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 60.17 |
| Canadian Corporate Bonds | 29.55 |
| Cash and Equivalents | 5.81 |
| Canadian Bonds - Funds | 1.55 |
| Canadian Equity | 1.09 |
| Other | 1.83 |
| Name | Percent |
|---|---|
| Fixed Income | 92.90 |
| Cash and Cash Equivalent | 5.81 |
| Utilities | 0.82 |
| Energy | 0.14 |
| Telecommunications | 0.13 |
| Other | 0.20 |
| Name | Percent |
|---|---|
| North America | 98.80 |
| Europe | 0.47 |
| Latin America | 0.02 |
| Other | 0.71 |
| Name | Percent |
|---|---|
| Algonquin Power & Utils Corp 4.75% 18-Jan-2082 | 1.69 |
| Cascades Inc 6.75% 15-Jul-2030 | 1.69 |
| Superior Plus LP 4.25% 18-May-2028 | 1.58 |
| Mackenzie High Quality Floating Rate Fund Series R | 1.55 |
| Sunoco LP 4.50% 01-Oct-2029 | 1.48 |
| Cash and Cash Equivalents | 1.43 |
| Inter Pipeline Ltd 6.88% 26-Mar-2079 | 1.35 |
| TELUS Corp. F/R 15-Oct-2055 | 1.21 |
| Videotron Ltd 3.63% 2-Jan-2026 | 1.20 |
| TransCanada Trust 4.65% 18-May-2027 | 1.16 |
Mackenzie Corporate Bond Fund Series LB
Median
Other - High Yield Fixed Income
| Standard Deviation | 2.89% | 4.25% | 4.94% |
|---|---|---|---|
| Beta | 0.34% | 0.50% | 0.49% |
| Alpha | 0.03% | 0.00% | 0.01% |
| Rsquared | 0.26% | 0.53% | 0.40% |
| Sharpe | 0.81% | -0.01% | 0.49% |
| Sortino | 2.21% | -0.08% | 0.36% |
| Treynor | 0.07% | 0.00% | 0.05% |
| Tax Efficiency | 69.16% | 31.66% | 58.75% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.25% | 2.89% | 4.25% | 4.94% |
| Beta | 0.36% | 0.34% | 0.50% | 0.49% |
| Alpha | 0.02% | 0.03% | 0.00% | 0.01% |
| Rsquared | 0.58% | 0.26% | 0.53% | 0.40% |
| Sharpe | 0.57% | 0.81% | -0.01% | 0.49% |
| Sortino | 0.48% | 2.21% | -0.08% | 0.36% |
| Treynor | 0.04% | 0.07% | 0.00% | 0.05% |
| Tax Efficiency | 48.04% | 69.16% | 31.66% | 58.75% |
| 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) | $355 |
| 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.
| Portfolio Manager |
Mackenzie Financial Corporation
|
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
Mackenzie Financial Corporation |
|---|---|
| Custodian |
Canadian Imperial Bank of Commerce |
| Registrar |
Mackenzie Financial Corporation |
| Distributor |
LBC Financial Services Inc. |
| 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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