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Canadian Neutral Balanced
Click for more information on Fundata’s FundGrade.
NAVPS (02-11-2025) |
$14.32 |
---|---|
Change |
-$0.01
(-0.05%)
|
As at January 31, 2025
As at October 31, 2024
Inception Return (December 12, 2012): 5.58%
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 | 2.45% | 3.73% | 6.08% | 2.45% | 14.28% | 9.32% | 4.98% | 5.90% | 5.42% | 6.13% | 5.13% | 5.41% | 6.25% | 5.09% |
Benchmark | 2.42% | 4.53% | 8.16% | 2.42% | 16.65% | 9.92% | 5.87% | 7.12% | 6.56% | 7.51% | 6.71% | 6.44% | 7.13% | 5.78% |
Category Average | 2.38% | 4.02% | 6.19% | 2.38% | 14.18% | 8.96% | 4.66% | 5.82% | 5.42% | 6.18% | 5.12% | 5.19% | 5.52% | 4.57% |
Category Rank | 223 / 452 | 292 / 452 | 291 / 452 | 223 / 452 | 289 / 446 | 248 / 432 | 237 / 412 | 297 / 392 | 265 / 381 | 270 / 370 | 259 / 358 | 217 / 347 | 174 / 334 | 162 / 301 |
Quartile Ranking | 2 | 3 | 3 | 2 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 |
Return % | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 1.77% | 2.03% | -1.73% | 1.93% | 0.33% | 3.24% | 0.58% | 1.76% | -0.08% | 2.29% | -1.02% | 2.45% |
Benchmark | 0.82% | 2.49% | -1.88% | 1.52% | 0.56% | 4.19% | 0.91% | 2.55% | -0.02% | 4.18% | -2.03% | 2.42% |
5.92% (November 2020)
-8.87% (March 2020)
Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | -1.32% | 11.35% | 7.10% | -3.78% | 12.71% | 4.80% | 9.65% | -7.78% | 8.07% | 12.06% |
Benchmark | -3.02% | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% | 13.55% |
Category Average | 0.06% | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% | 11.70% |
Quartile Ranking | 3 | 2 | 2 | 3 | 3 | 4 | 4 | 2 | 3 | 3 |
Category Rank | 212/ 301 | 94/ 334 | 114/ 347 | 184/ 358 | 252/ 368 | 283/ 377 | 331/ 392 | 184/ 412 | 277/ 432 | 301/ 446 |
12.71% (2019)
-7.78% (2022)
Name | Percent |
---|---|
Canadian Equity | 29.18 |
Foreign Corporate Bonds | 19.81 |
US Equity | 16.64 |
Canadian Corporate Bonds | 12.42 |
International Equity | 9.00 |
Other | 12.95 |
Name | Percent |
---|---|
Fixed Income | 37.68 |
Financial Services | 13.88 |
Technology | 7.98 |
Energy | 7.12 |
Cash and Cash Equivalent | 6.35 |
Other | 26.99 |
Name | Percent |
---|---|
North America | 87.94 |
Europe | 8.23 |
Asia | 2.51 |
Latin America | 0.79 |
Africa and Middle East | 0.10 |
Other | 0.43 |
Name | Percent |
---|---|
Mackenzie Global High Yield Fixed Incom ETF (MHYB) | 5.73 |
Cash and Cash Equivalents | 2.96 |
Royal Bank of Canada | 2.30 |
Toronto-Dominion Bank | 1.52 |
Canadian Natural Resources Ltd | 1.35 |
Bank of Montreal | 1.34 |
Microsoft Corp | 1.33 |
Canadian Pacific Kansas City Ltd | 1.19 |
Apple Inc | 1.05 |
Enbridge Inc | 1.01 |
Mackenzie Strategic Income Fund Series LB
Median
Other - Canadian Neutral Balanced
Standard Deviation | 8.11% | 8.73% | 7.22% |
---|---|---|---|
Beta | 0.80% | 0.80% | 0.82% |
Alpha | 0.00% | 0.00% | 0.00% |
Rsquared | 0.95% | 0.95% | 0.89% |
Sharpe | 0.18% | 0.38% | 0.50% |
Sortino | 0.40% | 0.42% | 0.43% |
Treynor | 0.02% | 0.04% | 0.04% |
Tax Efficiency | 88.43% | 84.32% | 84.56% |
Volatility |
|
|
|
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 5.22% | 8.11% | 8.73% | 7.22% |
Beta | 0.70% | 0.80% | 0.80% | 0.82% |
Alpha | 0.03% | 0.00% | 0.00% | 0.00% |
Rsquared | 0.87% | 0.95% | 0.95% | 0.89% |
Sharpe | 1.78% | 0.18% | 0.38% | 0.50% |
Sortino | 4.44% | 0.40% | 0.42% | 0.43% |
Treynor | 0.13% | 0.02% | 0.04% | 0.04% |
Tax Efficiency | 95.52% | 88.43% | 84.32% | 84.56% |
Start Date | December 12, 2012 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Commission Based Advice |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Annual |
Assets ($mil) | $1,766 |
FundServ Code | Load Code | Sales Status |
---|---|---|
MFC4453 |
The Fund seeks income with the potential for long-term capital growth by investing primarily in fixed-income and/or income-oriented equity securities. Any change to the fundamental investment objectives must be approved by a majority of votes cast at a meeting of investors held for that reason.
The Fund will pursue a flexible approach to investing in fixed income and/or equity asset classes with no geographic restriction. The Fund will generally invest 30% to 70% of its assets in any one asset class but may invest 0% to 100% of its assets in any one asset class.
Name | Start Date |
---|---|
Steve Locke | 12-12-2012 |
Dan Cooper | 12-12-2012 |
Tim Johal | 01-01-2013 |
Movin Mokbel | 06-26-2013 |
Darren McKiernan | 12-09-2013 |
Martin Downie | 09-20-2018 |
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 |
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 | 2.37% |
---|---|
Management Fee | 1.85% |
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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