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Mackenzie Conservative ETF Portfolio Series A

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Global Fixed Inc Balanced

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

NAVPS
(01-17-2025) 		$11.09
Change
$0.07 (0.62%)

As at December 31, 2024

As at October 31, 2024

Period
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Legend

Mackenzie Conservative ETF Portfolio Series A

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Fund Returns

Inception Return (January 29, 2018): 2.95%

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 -1.52% 0.37% 5.65% 8.76% 8.76% 8.84% 1.15% 1.94% 3.03% 4.15% - - - -
Benchmark 0.19% 1.91% 7.59% 11.56% 11.56% 9.12% 1.91% 1.30% 2.81% 3.39% 3.69% 3.71% 3.33% 4.62%
Category Average -1.07% 0.23% 5.14% 8.38% 8.38% 8.04% 1.24% 2.05% 3.04% 4.16% 3.13% 3.42% 3.53% 3.29%
Category Rank 953 / 987 644 / 973 491 / 973 545 / 967 545 / 967 340 / 915 540 / 874 472 / 820 376 / 768 344 / 709 - - - -
Quartile Ranking 4 3 3 3 3 2 3 3 2 2 - - - -

Monthly Return

Monthly Return
Return % Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Fund -0.46% 1.26% 1.53% -2.23% 2.04% 0.83% 2.61% 0.70% 1.88% -0.88% 2.82% -1.52%
Benchmark 0.36% 1.41% 1.04% -1.39% 0.79% 1.45% 3.61% -0.15% 2.06% -0.11% 1.82% 0.19%

Best Monthly Return Since Inception

6.07% (April 2020)

Worst Monthly Return Since Inception

-7.78% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - 9.91% 7.55% 4.34% -12.65% 8.91% 8.76%
Benchmark 16.91% 0.39% 3.81% 5.53% 6.30% 9.09% -0.49% -11.13% 6.74% 11.56%
Category Average 1.21% 4.39% 5.49% -2.85% 9.97% 7.08% 4.51% -11.10% 7.71% 8.38%
Quartile Ranking - - - - 2 2 3 4 1 3
Category Rank - - - - 287/ 709 254/ 768 417/ 820 762/ 874 190/ 915 545/ 967

Best Calendar Return (Last 10 years)

9.91% (2019)

Worst Calendar Return (Last 10 years)

-12.65% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 16.72
Foreign Corporate Bonds 14.77
Canadian Corporate Bonds 14.42
Canadian Government Bonds 14.21
Canadian Equity 12.77
Other 27.11

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 53.92
Financial Services 8.92
Technology 8.52
Cash and Cash Equivalent 3.46
Energy 3.14
Other 22.04

Geographic Allocation

Geographic Allocation
Name Percent
North America 80.84
Asia 6.35
Europe 5.84
Multi-National 2.49
Latin America 1.98
Other 2.50

Top Holdings

Top Holdings
Name Percent
Mackenzie Core Plus Canadian Fixed Income ETF(MKB) 27.82
Mackenzie US Large Cap Equity Index ETF (QUU) 15.33
Mackenzie Canadian Equity Index ETF (QCN) 12.96
Mackenzie Global High Yield Fixed Incom ETF (MHYB) 9.11
Mackenzie International Equity Index ETF (QDX) 7.38
Mackenzie US Inv Gra Corp Bond Idx ETF C$Hg (QUIG) 7.34
Mackenzie US Government Long Bond Index ETF 4.92
Mackenzie Emerging Markets Bond Idx ETF C$H (QEBH) 3.95
Mackenzie Canadian Government Long Bond Index ETF 3.91
Mackenzie Emerging Markets Equity Index ETF (QEE) 2.40

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 Conservative ETF Portfolio Series A

Median

Other - Global Fixed Inc Balanced

3 Yr Annualized

Standard Deviation 8.80% 8.71% -
Beta 1.06% 0.94% -
Alpha -0.01% 0.01% -
Rsquared 0.79% 0.49% -
Sharpe -0.24% 0.12% -
Sortino -0.24% 0.06% -
Treynor -0.02% 0.01% -
Tax Efficiency 18.47% 78.16% -
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 -

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 5.69% 8.80% 8.71% -
Beta 1.06% 1.06% 0.94% -
Alpha -0.03% -0.01% 0.01% -
Rsquared 0.69% 0.79% 0.49% -
Sharpe 0.74% -0.24% 0.12% -
Sortino 1.68% -0.24% 0.06% -
Treynor 0.04% -0.02% 0.01% -
Tax Efficiency 90.60% 18.47% 78.16% -

Fund Details

Start Date January 29, 2018
Instrument Type Mutual Fund (Wrap Program)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $102

Fund Codes

FundServ Code Load Code Sales Status
MFC5441
MFC5442
MFC5443

Investment Objectives

The Fund seeks to provide investors with a diversified portfolio designed to provide a steady stream of income and some long-term capital appreciation. The Fund seeks to accomplish its objectives by investing primarily in exchange traded funds to gain exposure to Canadian and foreign equity and fixed-income securities and other asset categories.

Investment Strategy

The Fund’s asset mix will generally be kept within the following ranges: 25% - 45% equity securities; 45% - 75% fixed-income securities. In addition to fixed income and equity exposures, the Fund may also invest in other asset classes. The asset allocation portfolio manager employs a disciplined total portfolio management approach to constructing the Fund. The Fund is built upon long-term strategic allocations to different equity markets, fixed income markets, and 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 KPMG 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 50

Fees

MER 1.84%
Management Fee 1.45%
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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