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Global Neutral Balanced
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2017
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|
NAVPS (05-22-2025) |
$10.31 |
|---|---|
| Change |
$0.00
(0.04%)
|
As at April 30, 2025
As at February 28, 2025
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Inception Return (December 01, 2014): 4.29%
| 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 | -1.29% | -2.78% | 0.98% | -0.65% | 9.21% | 6.51% | 5.06% | 3.83% | 4.61% | 3.75% | 4.05% | 3.48% | 4.44% | 4.07% |
| Benchmark | -2.19% | -4.23% | 1.37% | -1.63% | 11.00% | 10.11% | 8.82% | 5.03% | 6.22% | 5.84% | 6.18% | 5.77% | 6.97% | 6.59% |
| Category Average | -1.53% | -3.30% | 0.71% | -0.84% | 8.59% | 7.60% | 5.79% | 3.60% | 6.15% | 4.75% | 4.87% | 4.51% | 5.24% | 4.46% |
| Category Rank | 498 / 1,766 | 475 / 1,765 | 809 / 1,759 | 701 / 1,765 | 788 / 1,725 | 1,313 / 1,663 | 1,296 / 1,622 | 793 / 1,441 | 1,161 / 1,343 | 1,058 / 1,295 | 909 / 1,160 | 824 / 988 | 718 / 926 | 542 / 809 |
| Quartile Ranking | 2 | 2 | 2 | 2 | 2 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 3 |
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.98% | 0.22% | 2.51% | 0.65% | 2.34% | 0.21% | 2.14% | -0.50% | 2.19% | 0.00% | -1.51% | -1.29% |
| Benchmark | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% | -2.19% |
4.03% (January 2015)
-4.25% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 5.43% | 7.14% | 4.85% | -2.31% | 9.64% | 2.97% | 7.94% | -7.72% | 7.18% | 11.66% |
| Benchmark | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% |
| Category Average | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% |
| Quartile Ranking | 2 | 1 | 4 | 2 | 4 | 4 | 3 | 1 | 4 | 3 |
| Category Rank | 359/ 782 | 175/ 891 | 847/ 970 | 392/ 1,116 | 1,154/ 1,236 | 1,193/ 1,327 | 947/ 1,413 | 254/ 1,555 | 1,432/ 1,662 | 1,233/ 1,715 |
11.66% (2024)
-7.72% (2022)
| Name | Percent |
|---|---|
| US Equity | 28.49 |
| International Equity | 13.96 |
| Canadian Equity | 13.18 |
| Canadian Government Bonds | 11.24 |
| Canadian Corporate Bonds | 9.53 |
| Other | 23.60 |
| Name | Percent |
|---|---|
| Fixed Income | 34.62 |
| Financial Services | 12.77 |
| Technology | 12.64 |
| Cash and Cash Equivalent | 7.41 |
| Consumer Services | 4.42 |
| Other | 28.14 |
| Name | Percent |
|---|---|
| North America | 80.53 |
| Europe | 10.92 |
| Asia | 5.59 |
| Latin America | 0.23 |
| Africa and Middle East | 0.11 |
| Other | 2.62 |
| Name | Percent |
|---|---|
| SPDR S&P 500 ETF Trust (SPY) | 23.25 |
| Cash and Cash Equivalents | 5.29 |
| Gold Bullion | 2.03 |
| Royal Bank of Canada | 2.00 |
| Canada Government 3.25% 01-Jun-2035 | 1.76 |
| Canada Housing Trust No 1 3.50% 15-Dec-2034 | 1.38 |
| Bank of Nova Scotia | 1.31 |
| Canada Government 3.25% 01-Dec-2034 | 1.27 |
| Bank of Montreal | 1.15 |
| Canadian Imperial Bank of Commerce | 1.05 |
Mackenzie Monthly Income Balanced Portfolio Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 6.56% | 5.82% | 5.44% |
|---|---|---|---|
| Beta | 0.75% | 0.68% | 0.66% |
| Alpha | -0.01% | 0.00% | 0.00% |
| Rsquared | 0.92% | 0.87% | 0.81% |
| Sharpe | 0.19% | 0.39% | 0.45% |
| Sortino | 0.50% | 0.44% | 0.30% |
| Treynor | 0.02% | 0.03% | 0.04% |
| Tax Efficiency | 89.01% | 89.85% | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.02% | 6.56% | 5.82% | 5.44% |
| Beta | 0.73% | 0.75% | 0.68% | 0.66% |
| Alpha | 0.01% | -0.01% | 0.00% | 0.00% |
| Rsquared | 0.87% | 0.92% | 0.87% | 0.81% |
| Sharpe | 1.04% | 0.19% | 0.39% | 0.45% |
| Sortino | 2.42% | 0.50% | 0.44% | 0.30% |
| Treynor | 0.07% | 0.02% | 0.03% | 0.04% |
| Tax Efficiency | 93.34% | 89.01% | 89.85% | - |
| 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) | $1,393 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC4777 | ||
| MFC4778 | ||
| MFC4779 |
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.
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 |
Mackenzie Financial Corporation
|
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
Mackenzie Financial Corporation |
|---|---|
| Custodian |
Canadian Imperial Bank of Commerce |
| Registrar |
Mackenzie Financial Corporation |
| Distributor |
- |
| 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 |
| 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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