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Mackenzie Canadian Money Market Fund Series LB

Canadian Money Market

NAVPS
(12-06-2024)
$10.00
Change
$0.01 (0.06%)

As at October 31, 2024

As at August 31, 2024

Period
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Legend

Mackenzie Canadian Money Market Fund Series LB

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Fund Returns

Inception Return (December 13, 2013): 1.19%

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 0.32% 0.99% 2.10% 3.66% 4.43% 4.31% 3.13% 2.34% 1.98% 1.87% 1.72% 1.54% 1.39% 1.30%
Benchmark 0.33% 1.03% 2.22% 3.88% 4.73% 4.63% 3.51% 2.65% 2.28% 2.18% 2.04% 1.86% 1.71% 1.60%
Category Average 0.29% 0.94% 2.01% 3.48% 4.29% 4.06% 2.88% 2.13% 1.83% 1.72% 1.56% 1.40% 1.26% 1.14%
Category Rank 176 / 277 190 / 275 183 / 267 175 / 264 180 / 263 145 / 240 140 / 228 141 / 226 130 / 213 116 / 198 108 / 184 100 / 177 97 / 170 88 / 163
Quartile Ranking 3 3 3 3 3 3 3 3 3 3 3 3 3 3

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 0.37% 0.37% 0.41% 0.36% 0.35% 0.40% 0.38% 0.33% 0.38% 0.33% 0.33% 0.32%
Benchmark 0.41% 0.41% 0.40% 0.40% 0.40% 0.41% 0.40% 0.39% 0.38% 0.36% 0.34% 0.33%

Best Monthly Return Since Inception

0.41% (January 2024)

Worst Monthly Return Since Inception

0.00% (March 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 0.11% 0.42% 0.16% 0.36% 0.99% 1.27% 0.36% 0.00% 1.44% 4.33%
Benchmark 0.91% 0.55% 0.50% 0.65% 1.34% 1.66% 0.56% 0.11% 1.95% 4.71%
Category Average 0.30% 0.02% 0.24% 0.35% 0.69% 1.20% 0.45% -0.11% 1.13% 4.06%
Quartile Ranking 4 2 3 3 3 3 3 4 3 3
Category Rank 139/ 158 67/ 165 107/ 170 97/ 178 117/ 185 125/ 201 147/ 214 184/ 227 143/ 231 152/ 241

Best Calendar Return (Last 10 years)

4.33% (2023)

Worst Calendar Return (Last 10 years)

0.00% (2021)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 98.26
Canadian Bonds - Other 1.11
Canadian Corporate Bonds 0.63

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 98.26
Fixed Income 1.11
Financial Services 0.63

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Cash and Cash Equivalents 53.14
Bank of Montreal 2.37% 03-Jan-2025 4.36
National Bank of Canada 24-Jan-2025 4.36
Royal Bank of Canada 2.61% 01-Nov-2024 3.73
Bank of Nova Scotia 24-Mar-2025 3.36
Toronto-Dominion Bank 4.96% 31-Jan-2025 3.07
Athene Global Funding 3.13% 10-Mar-2025 1.92
Toronto-Dominion Bank 1.94% 13-Mar-2025 1.75
Vancouver Airprt Fuel Fclts Co 2.17% 23-Jun-2025 1.67
Bank of Nova Scotia 4.55% 27-Jun-2025 1.46

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Mackenzie Canadian Money Market Fund Series LB

Median

Other - Canadian Money Market

3 Yr Annualized

Standard Deviation 0.51% 0.57% 0.45%
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino 0.23% -1.75% -2.64%
Treynor - - -
Tax Efficiency - - -
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 0.10% 0.51% 0.57% 0.45%
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - 0.23% -1.75% -2.64%
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date December 13, 2013
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1,482

Fund Codes

FundServ Code Load Code Sales Status
MFC4455

Investment Objectives

The Fund pursues a steady flow of income with reasonable safety of capital and liquidity. The Fund invests mainly in money market securities and bonds issued by Canadian governments and corporations, with maturities of up to one year, and in floating-rate notes and asset-backed 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.

Investment Strategy

The Fund intends to maintain a portfolio whose liquidity, maturity and diversification satisfy all of the legal requirements for money market funds. The Fund intends to maintain a portfolio with a high credit quality. The Fund may, from time to time, invest a portion of its net assets in securities of other money market funds. There will be no duplication of management fees, incentive fees or sales charges between the funds.

Portfolio Manager(s)

Name Start Date
Steve Locke 12-13-2013
Felix Wong 12-13-2013

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 & Touche LLP

Investment Minimums

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

Fees

MER 0.74%
Management Fee 0.50%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.25%
Trailer Fee Max (LL) -

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