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Canadian Neutral Balanced
Click for more information on Fundata’s FundGrade.
NAVPS (02-14-2025) |
$13.89 |
---|---|
Change |
-$0.04
(-0.29%)
|
As at January 31, 2025
As at November 30, 2024
Inception Return (January 14, 2013): 4.83%
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 | 2.25% | 3.53% | 5.64% | 2.25% | 13.48% | 8.59% | 4.36% | 5.32% | 4.68% | 5.36% | 4.39% | 4.70% | 5.54% | 4.40% |
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 | 311 / 452 | 328 / 452 | 341 / 452 | 311 / 452 | 347 / 446 | 312 / 432 | 334 / 412 | 341 / 392 | 335 / 381 | 343 / 370 | 327 / 358 | 292 / 347 | 256 / 334 | 242 / 301 |
Quartile Ranking | 3 | 3 | 4 | 3 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Return % | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 1.78% | 2.05% | -1.84% | 1.89% | 0.32% | 3.07% | 0.55% | 1.69% | -0.20% | 2.29% | -1.02% | 2.25% |
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% |
5.81% (November 2020)
-9.23% (March 2020)
Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | -1.82% | 10.72% | 6.45% | -4.01% | 11.78% | 3.14% | 9.18% | -8.11% | 7.27% | 11.41% |
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 | 4 | 2 | 2 | 3 | 4 | 4 | 4 | 3 | 4 | 4 |
Category Rank | 230/ 301 | 104/ 334 | 160/ 347 | 196/ 358 | 307/ 368 | 314/ 377 | 341/ 392 | 224/ 412 | 335/ 432 | 347/ 446 |
11.78% (2019)
-8.11% (2022)
Name | Percent |
---|---|
Canadian Equity | 30.76 |
Foreign Corporate Bonds | 19.16 |
US Equity | 17.34 |
Canadian Corporate Bonds | 11.75 |
International Equity | 8.89 |
Other | 12.10 |
Name | Percent |
---|---|
Fixed Income | 36.54 |
Financial Services | 15.04 |
Technology | 8.13 |
Energy | 7.35 |
Cash and Cash Equivalent | 5.56 |
Other | 27.38 |
Name | Percent |
---|---|
North America | 88.57 |
Europe | 8.12 |
Asia | 2.57 |
Latin America | 0.85 |
Africa and Middle East | 0.12 |
Other | -0.23 |
Name | Percent |
---|---|
Royal Bank of Canada | 2.48 |
Mackenzie Global High Yield Fixed Incom ETF (MHYB) | 2.13 |
Toronto-Dominion Bank | 1.58 |
Bank of Montreal | 1.45 |
Microsoft Corp | 1.39 |
Canadian Natural Resources Ltd | 1.37 |
Canadian Pacific Kansas City Ltd | 1.21 |
Enbridge Inc | 1.11 |
Apple Inc | 1.10 |
Sun Life Financial Inc | 1.08 |
IG Mackenzie Strategic Income Fund Series C
Median
Other - Canadian Neutral Balanced
Standard Deviation | 7.93% | 8.69% | 7.16% |
---|---|---|---|
Beta | 0.78% | 0.80% | 0.81% |
Alpha | 0.00% | -0.01% | 0.00% |
Rsquared | 0.95% | 0.95% | 0.88% |
Sharpe | 0.11% | 0.30% | 0.41% |
Sortino | 0.29% | 0.31% | 0.30% |
Treynor | 0.01% | 0.03% | 0.04% |
Tax Efficiency | 81.72% | 81.79% | 79.17% |
Volatility |
|
|
|
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 5.19% | 7.93% | 8.69% | 7.16% |
Beta | 0.69% | 0.78% | 0.80% | 0.81% |
Alpha | 0.02% | 0.00% | -0.01% | 0.00% |
Rsquared | 0.87% | 0.95% | 0.95% | 0.88% |
Sharpe | 1.65% | 0.11% | 0.30% | 0.41% |
Sortino | 3.95% | 0.29% | 0.31% | 0.30% |
Treynor | 0.12% | 0.01% | 0.03% | 0.04% |
Tax Efficiency | 97.26% | 81.72% | 81.79% | 79.17% |
Start Date | January 14, 2013 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Commission Based Advice |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Quarterly |
Assets ($mil) | $270 |
FundServ Code | Load Code | Sales Status |
---|---|---|
IGI915 |
The Fund seeks income with the potential for long-term capital growth by investing primarily in fixed income investments and/or securities that pay dividends or other income.
The Fund will pursue a flexible approach to investing in fixed income and/or equity asset classes anywhere in the world. Currently, it invests primarily in North America. 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. Allocations between asset classes are based on economic conditions and/or the portfolio managers’ assessment of relative valuations.
Name | Start Date |
---|---|
I.G. Investment Management, Ltd. | 01-14-2013 |
William Aldridge | 08-31-2022 |
Darren McKiernan | 08-31-2022 |
Tim Johal | 08-31-2022 |
Konstantin Boehmer | 08-31-2022 |
Fund Manager | I.G. Investment Management, Ltd. |
---|---|
Advisor | I.G. Investment Management, Ltd. |
Custodian | Canadian Imperial Bank of Commerce |
Registrar | I.G. Investment Management, Ltd. |
Distributor | Investors Group Financial Services Inc. |
Auditor | KPMG LLP |
RSP Eligible | Yes |
---|---|
PAC Allowed | Yes |
PAC Initial Investment | 50 |
PAC Subsequent | 50 |
SWP Allowed | Yes |
SWP Min Balance | 0 |
SWP Min Withdrawal | 100 |
MER | 2.94% |
---|---|
Management Fee | 1.95% |
Load | No Load |
FE Max | - |
DSC Max | - |
Trailer Fee Max (FE) | - |
Trailer Fee Max (DSC) | - |
Trailer Fee Max (NL) | 0.70% |
Trailer Fee Max (LL) | - |
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