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Mackenzie Global Sustainable Balanced Fund Series A

Global Neutral Balanced

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(11-01-2024)
$11.61
Change
$0.03 (0.23%)

As at September 30, 2024

As at July 31, 2024

Period
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Legend

Mackenzie Global Sustainable Balanced Fund Series A

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Fund Returns

Inception Return (October 16, 2017): 3.38%

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 1.43% 4.13% 6.21% 12.23% 20.17% 12.43% 1.74% 3.05% 3.76% 3.07% - - - -
Benchmark 2.25% 5.52% 7.56% 13.77% 22.16% 16.11% 4.86% 5.75% 6.55% 6.63% 6.88% 6.53% 6.81% 7.54%
Category Average 1.80% 5.21% 6.15% 10.92% 18.92% 12.72% 3.80% 5.79% 5.42% 5.29% 5.18% 5.15% 5.35% 5.04%
Category Rank 1,469 / 1,710 1,486 / 1,709 949 / 1,678 564 / 1,678 623 / 1,654 999 / 1,617 1,382 / 1,471 1,296 / 1,339 1,151 / 1,268 1,132 / 1,163 - - - -
Quartile Ranking 4 4 3 2 2 3 4 4 4 4 - - - -

Monthly Return

Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund -1.13% 4.93% 3.21% 1.27% 2.78% 1.51% -1.95% 2.99% 1.01% 1.85% 0.80% 1.43%
Benchmark 0.21% 5.00% 2.05% 0.78% 3.10% 1.80% -1.57% 1.73% 1.79% 3.28% -0.07% 2.25%

Best Monthly Return Since Inception

6.80% (July 2022)

Worst Monthly Return Since Inception

-5.50% (September 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - -2.05% 8.44% 8.62% 3.88% -15.80% 9.28%
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 4 2 4 4 3
Category Rank - - - - 352/ 1,091 1,169/ 1,203 498/ 1,285 1,340/ 1,370 1,450/ 1,507 933/ 1,625

Best Calendar Return (Last 10 years)

9.28% (2023)

Worst Calendar Return (Last 10 years)

-15.80% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 33.25
Foreign Government Bonds 19.98
International Equity 15.38
Foreign Corporate Bonds 13.15
Canadian Corporate Bonds 11.66
Other 6.58

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 46.88
Technology 13.59
Financial Services 7.42
Consumer Services 6.09
Healthcare 5.16
Other 20.86

Geographic Allocation

Geographic Allocation
Name Percent
North America 70.57
Europe 22.74
Latin America 3.36
Asia 3.35
Other -0.02

Top Holdings

Top Holdings
Name Percent
Mackenzie Global Sustainable Bond Fund Series A 50.25
Mackenzie Betterworld Global Equity Fund Ser A 49.68
Cash and Cash Equivalents 0.07

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 Global Sustainable Balanced Fund Series A

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 10.37% 9.17% -
Beta 1.08% 1.05% -
Alpha -0.03% -0.03% -
Rsquared 0.88% 0.88% -
Sharpe -0.11% 0.21% -
Sortino -0.10% 0.17% -
Treynor -0.01% 0.02% -
Tax Efficiency 66.82% 89.19% -
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 3 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 6.46% 10.37% 9.17% -
Beta 0.95% 1.08% 1.05% -
Alpha -0.01% -0.03% -0.03% -
Rsquared 0.76% 0.88% 0.88% -
Sharpe 2.16% -0.11% 0.21% -
Sortino 6.04% -0.10% 0.17% -
Treynor 0.15% -0.01% 0.02% -
Tax Efficiency 99.67% 66.82% 89.19% -

Fund Details

Start Date October 16, 2017
Instrument Type Mutual Fund (Responsible Investment)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $79

Fund Codes

FundServ Code Load Code Sales Status
MFC5256
MFC5257
MFC5258

Investment Objectives

The Fund seeks to provide a combination of income and capital appreciation by investing primarily in fixed-income and/or equity securities of issuers anywhere in the world. The Fund follows an approach to investing that focuses on sustainable and responsible issuers

Investment Strategy

The Fund will pursue a flexible approach to investing in equities and/or fixed-income securities. The Fund will generally invest 30% to 70% of its assets in any one asset class, but it may invest 0% to 100% of its assets in any one asset class. Allocations between asset classes are based on economic conditions and/or the portfolio managers’ assessment of relative valuations. The Fund is a Sustainable Solution that is considered a sustainable core fund.

Portfolio Manager(s)

Name Start Date
Felix Wong 02-20-2020
Steve Locke 02-20-2020
Konstantin Boehmer 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 and Touche 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 100

Fees

MER 2.35%
Management Fee 1.85%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max 5.50%
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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