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Mackenzie Global Resource Fund Series LB

Natural Resources Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(05-22-2024)
$11.87
Change
-$0.22 (-1.85%)

As at April 30, 2024

As at February 29, 2024

As at February 29, 2024

Period
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Legend

Mackenzie Global Resource Fund Series LB

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Fund Returns

Inception Return (January 26, 2012): 2.30%

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 2.38% 12.70% 10.72% 9.14% 10.67% 5.55% 16.95% 25.92% 14.56% 8.85% 7.39% 7.52% 5.55% 2.48%
Benchmark 3.47% 15.17% 14.27% 12.46% 5.31% 1.38% 11.84% 12.89% 8.85% 7.00% 5.13% 5.22% 3.72% 2.16%
Category Average 2.94% 11.52% 11.52% 9.00% 8.50% 4.08% 13.60% 22.35% 12.01% 7.41% 6.81% 6.73% 4.73% 2.13%
Category Rank 87 / 116 83 / 116 90 / 116 90 / 116 69 / 115 80 / 114 59 / 110 55 / 108 55 / 108 64 / 106 71 / 98 64 / 95 55 / 84 55 / 77
Quartile Ranking 3 3 4 4 3 3 3 3 3 3 3 3 3 3

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -6.44% 4.79% 6.53% -1.75% -1.72% -0.89% 1.47% -0.02% -3.16% 2.66% 7.22% 2.38%
Benchmark -9.56% 1.78% 5.23% 0.19% -2.98% -2.12% 2.75% -1.11% -2.35% 0.51% 10.75% 3.47%

Best Monthly Return Since Inception

31.77% (April 2020)

Worst Monthly Return Since Inception

-27.68% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund -16.55% -22.79% 51.60% -10.23% -22.65% 8.27% 3.16% 45.98% 16.24% 4.44%
Benchmark -5.59% -23.78% 36.74% -1.69% -15.86% 20.06% -7.01% 21.57% 12.86% -0.78%
Category Average -12.08% -22.23% 40.92% -2.18% -21.77% 9.95% 5.03% 32.84% 13.19% 2.62%
Quartile Ranking 4 3 2 4 3 4 3 2 3 2
Category Rank 63/ 75 57/ 79 32/ 91 90/ 96 68/ 106 84/ 108 72/ 108 40/ 109 70/ 111 43/ 115

Best Calendar Return (Last 10 years)

51.60% (2016)

Worst Calendar Return (Last 10 years)

-22.79% (2015)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 46.69
International Equity 41.29
US Equity 10.72
Commodities 0.50
Income Trust Units 0.47
Other 0.33

Sector Allocation

Sector Allocation
Name Percent
Energy 44.28
Basic Materials 32.66
Mutual Fund 9.98
Industrial Goods 3.21
Real Estate 2.95
Other 6.92

Geographic Allocation

Geographic Allocation
Name Percent
North America 57.74
Europe 21.11
Multi-National 9.98
Latin America 5.89
Africa and Middle East 2.44
Other 2.84

Top Holdings

Top Holdings
Name Percent
Mackenzie Global Energy Opportunities Long/Short Fund 9.98
Shell PLC - ADR 4.48
Tourmaline Oil Corp 3.67
Advantage Energy Ltd 3.63
TotalEnergies SE - ADR 3.62
ARC Resources Ltd 2.73
Canadian Natural Resources Ltd 2.47
Interfor Corp 2.45
BP PLC - ADR 2.31
Vale SA - ADR 2.26

Equity Style

Market capitalization is large. Equity style is blend.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Mackenzie Global Resource Fund Series LB

Median

Other - Natural Resources Equity

3 Yr Annualized

Standard Deviation 16.59% 25.97% 23.13%
Beta 0.83% 1.12% 1.08%
Alpha 0.06% 0.05% 0.01%
Rsquared 0.81% 0.85% 0.81%
Sharpe 0.87% 0.58% 0.16%
Sortino 1.30% 0.83% 0.13%
Treynor 0.17% 0.13% 0.03%
Tax Efficiency 95.48% 93.51% 82.20%
Volatility Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10

Risk Rating

Rating 9 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 14.04% 16.59% 25.97% 23.13%
Beta 0.74% 0.83% 1.12% 1.08%
Alpha 0.06% 0.06% 0.05% 0.01%
Rsquared 0.84% 0.81% 0.85% 0.81%
Sharpe 0.45% 0.87% 0.58% 0.16%
Sortino 1.00% 1.30% 0.83% 0.13%
Treynor 0.08% 0.17% 0.13% 0.03%
Tax Efficiency 88.45% 95.48% 93.51% 82.20%

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 26, 2012
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Partially Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $306

Fund Codes

FundServ Code Load Code Sales Status
MFC4422

Investment Objectives

The Fund pursues long-term capital growth primarily from investment in shares of companies operating anywhere in the world in the energy and natural resource industries. At least three different countries will usually be represented in the Fund’s overall portfolio holdings. Any proposed change to the fundamental investment objectives of the Fund must be approved by a majority of votes cast at a meeting of securityholders held for that reason.

Investment Strategy

The investment approach follows various strategies including investing in companies expected to increase shareholder value through successful exploration and development; seeking out leading companies that typically have lower costs, lower debt and/or outstanding assets;

Portfolio Manager(s)

Name Start Date
Benoit Gervais 01-26-2012
Onno Rutten 09-30-2013
Scott Prieur 09-12-2017

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 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 2.65%
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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