Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

Fund Search
ETF Search
Stock Search

Join Fund Library now and get free access to personalized features to help you manage your investments.

Sign up Now More Info

IG Mackenzie Strategic Income Fund Series C

  • Premium Feature Only
Add to My Watchlist

Canadian Neutral Balanced

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

NAVPS
(09-17-2024) 		$13.44
Change
-$0.01 (-0.09%)

As at August 31, 2024

As at June 30, 2024

Period
Loading...

Legend

IG Mackenzie Strategic Income Fund Series C

Compare Options

Fund Returns

Inception Return (January 14, 2013): 4.56%

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 0.55% 3.97% 6.12% 8.43% 12.58% 8.39% 2.75% 5.07% 4.43% 4.03% 4.26% 4.45% 4.56% 3.81%
Benchmark 0.91% 5.73% 7.95% 8.50% 13.85% 9.28% 3.69% 6.18% 5.97% 6.14% 6.15% 5.77% 5.96% 5.07%
Category Average 0.48% 6.22% 6.22% 8.20% 12.84% 8.45% 2.74% 5.39% 5.07% 4.76% 4.85% 4.60% 4.65% 4.20%
Category Rank 223 / 452 328 / 452 290 / 446 281 / 446 315 / 444 270 / 426 300 / 405 326 / 387 330 / 376 343 / 367 308 / 353 262 / 341 257 / 325 249 / 290
Quartile Ranking 2 3 3 3 3 3 3 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
Fund -2.45% -1.10% 4.64% 2.85% 0.39% 1.78% 2.05% -1.84% 1.89% 0.32% 3.07% 0.55%
Benchmark -3.01% -1.57% 6.01% 3.69% -0.31% 0.82% 2.49% -1.88% 1.52% 0.56% 4.19% 0.91%

Best Monthly Return Since Inception

5.81% (November 2020)

Worst Monthly Return Since Inception

-9.23% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 4.91% -1.82% 10.72% 6.45% -4.01% 11.78% 3.14% 9.18% -8.11% 7.27%
Benchmark 9.98% -3.02% 11.97% 6.22% -4.30% 15.62% 7.61% 11.90% -8.20% 9.43%
Category Average 7.98% 0.06% 6.65% 5.72% -4.72% 12.57% 6.33% 10.85% -9.35% 8.27%
Quartile Ranking 4 4 2 2 3 4 4 4 3 4
Category Rank 276/ 288 230/ 301 104/ 333 160/ 346 194/ 357 306/ 367 314/ 377 341/ 392 224/ 412 335/ 432

Best Calendar Return (Last 10 years)

11.78% (2019)

Worst Calendar Return (Last 10 years)

-8.11% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 28.75
Foreign Corporate Bonds 17.90
US Equity 15.92
Canadian Corporate Bonds 13.30
International Equity 9.49
Other 14.64

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 38.58
Financial Services 13.22
Technology 8.29
Energy 6.99
Cash and Cash Equivalent 6.56
Other 26.36

Geographic Allocation

Geographic Allocation
Name Percent
North America 85.93
Europe 8.95
Asia 2.44
Latin America 1.99
Multi-National 0.48
Other 0.21

Top Holdings

Top Holdings
Name Percent
Mackenzie Global High Yield Fixed Incom ETF (MHYB) 2.27
United States Dollars 2.18
Royal Bank of Canada 2.15
Toronto-Dominion Bank 1.55
Microsoft Corp 1.50
Canadian Natural Resources Ltd 1.45
Bank of Montreal 1.37
Canadian Pacific Kansas City Ltd 1.25
CAD Term Deposit #565 1.06
Canadian National Railway Co 1.01

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

IG Mackenzie Strategic Income Fund Series C

Median

Other - Canadian Neutral Balanced

3 Yr Annualized

Standard Deviation 7.90% 8.58% 7.16%
Beta 0.79% 0.80% 0.82%
Alpha 0.00% 0.00% 0.00%
Rsquared 0.95% 0.94% 0.88%
Sharpe -0.03% 0.29% 0.34%
Sortino 0.00% 0.27% 0.19%
Treynor 0.00% 0.03% 0.03%
Tax Efficiency 53.88% 80.44% 73.84%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.31% 7.90% 8.58% 7.16%
Beta 0.77% 0.79% 0.80% 0.82%
Alpha 0.02% 0.00% 0.00% 0.00%
Rsquared 0.95% 0.95% 0.94% 0.88%
Sharpe 1.01% -0.03% 0.29% 0.34%
Sortino 2.49% 0.00% 0.27% 0.19%
Treynor 0.10% 0.00% 0.03% 0.03%
Tax Efficiency 93.92% 53.88% 80.44% 73.84%

Fund Details

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) $245

Fund Codes

FundServ Code Load Code Sales Status
IGI915

Investment Objectives

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.

Investment Strategy

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.

Portfolio Manager(s)

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

Management and Organization

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 Deloitte LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 0
SWP Min Withdrawal 100

Fees

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) -

Join Fund Library now and get free access to personalized features to help you manage your investments.

Sign up Now More Info