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Mackenzie Unconstrained Fixed Income Fund Series A
Multi-Sector Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade D
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|
NAVPS (06-26-2026) |
$8.47 |
|---|---|
| Change |
$0.00
(-0.06%)
|
As at May 31, 2026
As at March 31, 2026
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Legend
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Fund Returns
Inception Return (December 01, 2014): 2.04%
| 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 | 0.15% | -1.14% | -0.71% | -0.09% | 2.71% | 3.62% | 3.80% | 2.93% | 0.82% | 1.06% | 1.22% | 1.40% | 1.36% | 2.33% |
| Benchmark | 1.62% | -0.17% | -0.34% | 1.15% | 5.05% | 7.00% | 5.96% | 5.49% | 2.36% | 0.82% | 1.74% | 2.55% | 1.98% | 2.48% |
| Category Average | 0.55% | -0.45% | 0.70% | 0.73% | 4.95% | 5.11% | 4.99% | - | - | - | - | - | - | - |
| Category Rank | 303 / 319 | 284 / 318 | 288 / 312 | 280 / 314 | 286 / 303 | 262 / 282 | 239 / 273 | 217 / 263 | 205 / 253 | 212 / 235 | 201 / 219 | 184 / 202 | 158 / 179 | 115 / 151 |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.07% | 0.16% | 0.46% | 1.16% | 0.24% | 0.32% | -0.62% | 0.15% | 0.91% | -1.58% | 0.30% | 0.15% |
| Benchmark | 1.36% | 0.41% | 0.79% | 2.27% | 0.61% | -0.13% | -1.47% | -0.26% | 1.58% | -0.69% | -1.08% | 1.62% |
Best Monthly Return Since Inception
3.04% (January 2023)
Worst Monthly Return Since Inception
-3.35% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 13.19% | 3.53% | 0.03% | 4.76% | 4.59% | -1.77% | -8.14% | 5.74% | 4.22% | 3.27% |
| Benchmark | 1.29% | 1.23% | 6.50% | 4.01% | 7.35% | -4.31% | -10.27% | 5.25% | 9.76% | 4.31% |
| Category Average | - | - | - | - | - | - | - | - | 3.89% | 5.80% |
| Quartile Ranking | 1 | 3 | 2 | 4 | 3 | 4 | 2 | 4 | 4 | 4 |
| Category Rank | 17/ 119 | 91/ 166 | 66/ 192 | 177/ 213 | 140/ 234 | 237/ 247 | 102/ 255 | 220/ 273 | 216/ 282 | 271/ 298 |
Best Calendar Return (Last 10 years)
13.19% (2016)
Worst Calendar Return (Last 10 years)
-8.14% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 47.29 |
| Foreign Government Bonds | 22.40 |
| Canadian Corporate Bonds | 17.61 |
| Canadian Government Bonds | 4.69 |
| Cash and Equivalents | 3.73 |
| Other | 4.28 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 95.50 |
| Cash and Cash Equivalent | 3.73 |
| Utilities | 0.47 |
| Financial Services | 0.14 |
| Telecommunications | 0.06 |
| Other | 0.10 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 84.06 |
| Latin America | 4.54 |
| Asia | 4.50 |
| Multi-National | 1.60 |
| Europe | 0.94 |
| Other | 4.36 |
Top Holdings
| Name | Percent |
|---|---|
| United States Treasury 4.63% 15-Nov-2055 | 4.04 |
| United States Treasury 4.25% 15-May-2035 | 3.36 |
| Australia Government 1.00% 21-Dec-2030 | 3.24 |
| Canada Government 3.25% 01-Jun-2035 | 3.21 |
| Mackenzie US Inv Gra Corp Bond Idx ETF C$Hg (QUIG) | 2.27 |
| Mackenzie Floating Rate Income ETF (MFT) | 2.17 |
| Brazil Government 10.00% 01-Jan-2029 | 2.10 |
| Cash and Cash Equivalents | 2.09 |
| United States Treasury 4.63% 15-Feb-2035 | 1.91 |
| United States Treasury 3.50% 15-Feb-2033 | 1.84 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Mackenzie Unconstrained Fixed Income Fund Series A
Median
Other - Multi-Sector Fixed Income
3 Yr Annualized
| Standard Deviation | 3.50% | 4.08% | 3.51% |
|---|---|---|---|
| Beta | 0.45 | 0.48 | 0.32 |
| Alpha | 0.01 | 0.00 | 0.02 |
| Rsquared | 0.35% | 0.51% | 0.29% |
| Sharpe | 0.06 | -0.49 | 0.13 |
| Sortino | 0.36 | -0.68 | -0.24 |
| Treynor | 0.00 | -0.04 | 0.01 |
| Tax Efficiency | 59.31% | - | 40.74% |
| Volatility |
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|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.58% | 3.50% | 4.08% | 3.51% |
| Beta | 0.45 | 0.45 | 0.48 | 0.32 |
| Alpha | 0.00 | 0.01 | 0.00 | 0.02 |
| Rsquared | 0.50% | 0.35% | 0.51% | 0.29% |
| Sharpe | 0.14 | 0.06 | -0.49 | 0.13 |
| Sortino | -0.14 | 0.36 | -0.68 | -0.24 |
| Treynor | 0.01 | 0.00 | -0.04 | 0.01 |
| Tax Efficiency | 47.51% | 59.31% | - | 40.74% |
Fund Details
| Start Date | December 01, 2014 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Partially Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $3,072 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC4762 |
Investment Objectives
The Fund aims to provide a positive total return over a market cycle, regardless of market conditions, by investing primarily in fixed-income securities of issuers anywhere in the world and derivative instruments.
Investment Strategy
The Fund’s investments may include investment-grade bonds; lower quality fixed-income investments, which may include instruments that have a weighted average credit quality below investment grade (rated below “BBB-” by a recognized credit rating organization) or that are unrated; mortgage- and asset-backed securities; preferred shares; floating-rate debt instruments and other floating securities.
Portfolio Management
| Portfolio Manager |
Mackenzie Financial Corporation
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Mackenzie Financial Corporation |
|---|---|
| Custodian |
Canadian Imperial Bank of Commerce |
| Registrar |
Mackenzie Financial Corporation |
| Distributor |
- |
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 | 1.79% |
|---|---|
| Management Fee | 1.40% |
| Load | Front Fee Only |
| FE Max | - |
| DSC Max | 5.50% |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | 0.50% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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