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IG Mackenzie U.S. Dividend Registered Fund Series B

Global Equity Balanced

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

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

2023, 2022

Click for more information on Fundata’s FundGrade

NAVPS
(06-13-2024)
$14.05
Change
$0.06 (0.41%)

As at May 31, 2024

As at January 31, 2024

As at February 29, 2024

Period
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Legend

IG Mackenzie U.S. Dividend Registered Fund Series B

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Fund Returns

Inception Return (January 19, 2015): 6.96%

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 2.33% 2.21% 9.35% 8.72% 16.49% 11.41% 7.34% 10.43% 8.98% 7.58% 6.63% 7.30% 7.12% -
Benchmark 2.36% 2.96% 10.90% 8.45% 17.43% 12.10% 6.23% 8.49% 8.33% 7.62% 7.28% 8.43% 7.79% 8.78%
Category Average 2.47% 9.92% 9.92% 7.07% 14.47% 8.28% 3.98% 7.61% 6.51% 5.57% 5.21% 5.96% 5.10% 5.59%
Category Rank 678 / 1,367 939 / 1,364 849 / 1,359 254 / 1,363 339 / 1,300 159 / 1,268 88 / 1,126 84 / 1,066 112 / 1,043 136 / 907 204 / 860 207 / 775 105 / 637 -
Quartile Ranking 2 3 3 1 2 1 1 1 1 1 1 2 1 -

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 2.49% 1.27% 0.75% -3.54% 1.24% 4.32% 0.58% 2.15% 4.12% 1.89% -1.96% 2.33%
Benchmark 1.58% 2.43% 0.23% -3.90% -0.20% 5.87% 2.26% 1.06% 4.23% 2.30% -1.69% 2.36%

Best Monthly Return Since Inception

8.63% (April 2020)

Worst Monthly Return Since Inception

-7.43% (December 2018)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - 6.39% 6.54% -5.89% 16.98% 7.52% 20.12% -12.72% 15.54%
Benchmark 13.13% 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07%
Category Average 7.89% 4.87% 4.92% 9.31% -5.49% 15.12% 8.09% 12.42% -11.85% 11.42%
Quartile Ranking - - 2 4 3 2 3 1 3 1
Category Rank - - 204/ 712 728/ 805 623/ 885 268/ 969 634/ 1,063 47/ 1,111 813/ 1,229 129/ 1,280

Best Calendar Return (Last 10 years)

20.12% (2021)

Worst Calendar Return (Last 10 years)

-12.72% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 70.19
Canadian Corporate Bonds 11.28
Foreign Corporate Bonds 5.89
Canadian Government Bonds 4.63
International Equity 4.12
Other 3.89

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 22.70
Technology 21.64
Financial Services 11.59
Healthcare 10.74
Consumer Goods 6.41
Other 26.92

Geographic Allocation

Geographic Allocation
Name Percent
North America 95.18
Europe 4.38
Latin America 0.23
Multi-National 0.08
Asia 0.01
Other 0.12

Top Holdings

Top Holdings
Name Percent
Mackenzie IG Canadian Bond Pool Series P 11.17
Mackenzie - IG Canadian Corporate Bond Pool P 7.46
Microsoft Corp 6.20
IG Mackenzie Floating Rate Income Fund Ser A 3.76
Alphabet Inc Cl A 3.40
Apple Inc 3.30
Amazon.com Inc 2.74
JPMorgan Chase & Co 2.62
Mackenzie North American Corporate Bond Fund A 2.49
Visa Inc Cl A 2.47

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 U.S. Dividend Registered Fund Series B

Median

Other - Global Equity Balanced

3 Yr Annualized

Standard Deviation 11.35% 11.95% -
Beta 0.99% 1.08% -
Alpha 0.01% 0.00% -
Rsquared 0.88% 0.84% -
Sharpe 0.43% 0.61% -
Sortino 0.60% 0.79% -
Treynor 0.05% 0.07% -
Tax Efficiency 93.02% 94.96% -
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 -

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.78% 11.35% 11.95% -
Beta 0.80% 0.99% 1.08% -
Alpha 0.02% 0.01% 0.00% -
Rsquared 0.85% 0.88% 0.84% -
Sharpe 1.39% 0.43% 0.61% -
Sortino 2.88% 0.60% 0.79% -
Treynor 0.13% 0.05% 0.07% -
Tax Efficiency 94.58% 93.02% 94.96% -

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 January 19, 2015
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $59

Fund Codes

FundServ Code Load Code Sales Status
IGI1560

Investment Objectives

The Fund aims to provide long-term capital appreciation and income by investing primarily in a combination of U.S. dividend-paying equity securities and/or other types of income-producing investments.

Investment Strategy

The Fund will be actively managed in order to take full advantage of changing market conditions. When selecting equity securities, the Fund will focus on U.S. companies that provide above-average dividend yields, or are expected to have above-average dividend yields in the future. In order to gauge an above-average dividend yield, the Fund uses as a yardstick the dividend yield that could be obtained on a large sample of common shares such as the S&P 500 Index.

Portfolio Manager(s)

Name Start Date
Mackenzie Financial Corporation 01-06-2020
Katherine Owen 08-31-2023
Daniel Cooper 08-31-2023
Steve Locke 08-31-2023
Darren McKiernan 08-31-2023
Konstantin Boehmer 08-31-2023
Movin Mokbel 08-31-2023

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 2.44%
Management Fee 1.70%
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) -

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