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Mackenzie Monthly Income Balanced Portfolio Series A

Global Neutral Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

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Fundata ESG GradeB Click for more information on Fundata’s ESG Grade

Fundata ESG Grade B

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2017

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NAVPS
(05-17-2024)
$9.93
Change
$0.00 (-0.04%)

As at April 30, 2024

As at February 29, 2024

As at February 29, 2024

Period
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Legend

Mackenzie Monthly Income Balanced Portfolio Series A

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Fund Returns

Inception Return (December 01, 2014): 3.78%

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 -0.90% 1.05% 7.68% 1.58% 3.88% 3.05% 2.09% 3.49% 2.69% 3.21% 2.69% 3.86% 3.51% -
Benchmark -1.57% 3.31% 11.56% 4.12% 9.21% 7.74% 3.11% 5.05% 4.84% 5.39% 5.04% 6.48% 6.12% 6.83%
Category Average -1.99% 10.80% 10.80% 2.42% 6.62% 4.42% 1.99% 5.55% 4.00% 4.27% 3.94% 4.83% 4.01% 4.42%
Category Rank 62 / 1,710 1,481 / 1,710 1,619 / 1,699 1,371 / 1,710 1,520 / 1,659 1,367 / 1,607 787 / 1,429 1,199 / 1,332 1,086 / 1,281 928 / 1,153 834 / 1,002 734 / 936 565 / 819 -
Quartile Ranking 1 4 4 4 4 4 3 4 4 4 4 4 3 -

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -2.19% 0.44% 0.84% 0.09% -2.29% -0.41% 3.56% 2.36% 0.53% 0.71% 1.24% -0.90%
Benchmark -1.31% 0.46% 1.75% 0.57% -3.70% 0.21% 5.00% 2.05% 0.78% 3.10% 1.80% -1.57%

Best Monthly Return Since Inception

4.03% (January 2015)

Worst Monthly Return Since Inception

-4.25% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - 5.43% 7.14% 4.85% -2.31% 9.64% 2.97% 7.94% -7.72% 7.18%
Benchmark 12.44% 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69%
Category Average 7.77% 2.99% 5.05% 7.69% -3.99% 13.52% 7.16% 9.69% -11.26% 9.53%
Quartile Ranking - 2 1 4 2 4 4 3 1 4
Category Rank - 372/ 792 177/ 897 858/ 984 400/ 1,127 1,143/ 1,233 1,170/ 1,316 911/ 1,400 249/ 1,539 1,407/ 1,658

Best Calendar Return (Last 10 years)

9.64% (2019)

Worst Calendar Return (Last 10 years)

-7.72% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 26.43
International Equity 16.51
Canadian Equity 13.53
Canadian Corporate Bonds 10.30
Canadian Government Bonds 9.73
Other 23.50

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 33.44
Technology 12.44
Financial Services 12.20
Cash and Cash Equivalent 7.47
Healthcare 5.11
Other 29.34

Geographic Allocation

Geographic Allocation
Name Percent
North America 78.38
Europe 11.90
Asia 6.08
Latin America 1.21
Africa and Middle East 0.29
Other 2.14

Top Holdings

Top Holdings
Name Percent
SPDR S&P 500 ETF Trust (SPY) 22.17
Cash and Cash Equivalents 4.93
Royal Bank of Canada 2.02
Gold Bullion 1.98
Canada Government 2.50% 01-Dec-2032 1.35
Canada Government 2.75% 01-Jun-2033 1.31
Canada Government 5.75% 01-Jun-2033 1.20
Bank of Nova Scotia 1.14
ASML Holding NV 1.08
Bank of Montreal 1.07

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)

Mackenzie Monthly Income Balanced Portfolio Series A

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 6.51% 6.07% -
Beta 0.67% 0.70% -
Alpha 0.00% -0.01% -
Rsquared 0.88% 0.86% -
Sharpe -0.07% 0.14% -
Sortino -0.15% -0.04% -
Treynor -0.01% 0.01% -
Tax Efficiency 77.53% 84.10% -
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 -

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 5.83% 6.51% 6.07% -
Beta 0.68% 0.67% 0.70% -
Alpha -0.02% 0.00% -0.01% -
Rsquared 0.85% 0.88% 0.86% -
Sharpe -0.14% -0.07% 0.14% -
Sortino 0.26% -0.15% -0.04% -
Treynor -0.01% -0.01% 0.01% -
Tax Efficiency 87.06% 77.53% 84.10% -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date December 01, 2014
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1,256

Fund Codes

FundServ Code Load Code Sales Status
MFC4777
MFC4778
MFC4779
MFC7238

Investment Objectives

The Fund seeks to provide investors with a diversified portfolio designed to provide a balance of income and long-term capital appreciation with reduced volatility. The Fund will pursue this objective by investing in other mutual funds and/or by investing in securities directly to gain exposure to Canadian and foreign fixed-income and equity securities and other asset categories. It may also use derivatives.

Investment Strategy

The Fund’s current asset mix is 57% equity and 42% fixed-income assets. The Fund will also allocate a small portion of its portfolio to cash and/or commodities. The strategic long-term asset mix may change in reaction to, or in anticipation of, market changes. However, it will generally be kept within the following ranges: 40-60% equity securities; 25-60% fixed-income securities. In addition to fixed income and equity exposures, the Fund may also invest in other asset classes.

Portfolio Manager(s)

Name Start Date
Nelson Arruda 02-20-2020

Management and Organization

Fund Manager Mackenzie Financial Corporation
Advisor Mackenzie Financial Corporation
Custodian Canadian Imperial Bank of Commerce
Registrar Mackenzie Financial Corporation
Distributor -
Auditor Deloitte LLP

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 0

Fees

MER 2.15%
Management Fee 1.70%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max 5.50%
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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