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Mackenzie Bluewater Canadian Growth Fund Series LB

Canadian Focused Equity

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

2021, 2020, 2019, 2018

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NAVPS
(05-17-2024)
$13.15
Change
$0.00 (-0.01%)

As at April 30, 2024

As at February 29, 2024

As at February 29, 2024

Period
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Legend

Mackenzie Bluewater Canadian Growth Fund Series LB

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Fund Returns

Inception Return (July 06, 2018): 6.88%

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 -3.30% 1.48% 11.20% 2.49% 5.35% 7.42% 3.90% 9.53% 7.34% - - - - -
Benchmark -1.88% 4.85% 17.19% 5.71% 11.43% 7.58% 7.04% 12.66% 8.52% 8.55% 7.89% 9.07% 7.46% 7.73%
Category Average -2.50% 15.76% 15.76% 5.24% 11.06% 7.67% 6.32% 12.34% 8.20% 7.72% 6.96% 7.89% 6.30% 6.41%
Category Rank 463 / 614 558 / 612 564 / 612 595 / 612 553 / 609 381 / 597 503 / 585 536 / 570 422 / 567 - - - - -
Quartile Ranking 4 4 4 4 4 3 4 4 3 - - - - -

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -2.75% 4.49% 0.55% -0.67% -3.02% -3.74% 6.05% 2.31% 0.99% 3.91% 1.00% -3.30%
Benchmark -3.65% 3.16% 2.78% -1.03% -3.68% -2.36% 7.23% 3.38% 0.82% 3.10% 3.64% -1.88%

Best Monthly Return Since Inception

9.49% (April 2020)

Worst Monthly Return Since Inception

-10.61% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - 21.48% 10.66% 22.34% -11.00% 9.91%
Benchmark 10.96% -0.77% 14.44% 10.80% -7.14% 21.45% 7.58% 21.76% -8.87% 13.60%
Category Average 9.08% -2.47% 11.42% 8.06% -8.78% 18.54% 7.73% 22.26% -9.42% 13.34%
Quartile Ranking - - - - - 2 2 3 3 4
Category Rank - - - - - 225/ 556 200/ 570 348/ 578 356/ 592 477/ 604

Best Calendar Return (Last 10 years)

22.34% (2021)

Worst Calendar Return (Last 10 years)

-11.00% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 52.40
US Equity 23.84
International Equity 17.84
Cash and Equivalents 5.91
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Financial Services 19.71
Industrial Services 14.04
Technology 11.79
Industrial Goods 11.77
Consumer Services 11.07
Other 31.62

Geographic Allocation

Geographic Allocation
Name Percent
North America 82.16
Europe 17.85
Other -0.01

Top Holdings

Top Holdings
Name Percent
Cash and Cash Equivalents 5.98
Intact Financial Corp 5.19
Stantec Inc 5.16
Royal Bank of Canada 4.92
Schneider Electric SE 4.51
Accenture PLC Cl A 4.46
Aon PLC Cl A 4.27
CAE Inc 4.02
Premium Brands Holdings Corp 3.97
Boyd Group Services Inc 3.69

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Mackenzie Bluewater Canadian Growth Fund Series LB

Median

Other - Canadian Focused Equity

3 Yr Annualized

Standard Deviation 13.43% 13.65% -
Beta 0.92% 0.84% -
Alpha -0.02% 0.00% -
Rsquared 0.77% 0.80% -
Sharpe 0.15% 0.44% -
Sortino 0.19% 0.56% -
Treynor 0.02% 0.07% -
Tax Efficiency 78.46% - -
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 -

Risk Rating

Rating 7 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 11.39% 13.43% 13.65% -
Beta 0.88% 0.92% 0.84% -
Alpha -0.04% -0.02% 0.00% -
Rsquared 0.85% 0.77% 0.80% -
Sharpe 0.09% 0.15% 0.44% -
Sortino 0.40% 0.19% 0.56% -
Treynor 0.01% 0.02% 0.07% -
Tax Efficiency 88.06% 78.46% - -

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 July 06, 2018
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $5,287

Fund Codes

FundServ Code Load Code Sales Status
MFC5632

Investment Objectives

The Fund invests mainly in Canadian equity securities issued by Canadian corporations to achieve long-term capital growth and provide a reasonable rate of return. Any proposed change in the fundamental investment objectives of the Fund must be approved by a majority of the votes cast at a meeting of the Fund’s investors called for that purpose.

Investment Strategy

The investment approach follows a company-focused investment style, seeking companies with strong management, good growth prospects and a solid financial position. Emphasis is placed on paying reasonable prices for the free cash flow growth that companies in the portfolio are expected to achieve. Generally, the Fund will not invest more than 49% of its assets in foreign securities.

Portfolio Manager(s)

Name Start Date
Dina DeGeer 07-06-2018
David Arpin 07-06-2018
Shah Khan 05-14-2019
Hui Wang 02-21-2020

Management and Organization

Fund Manager Mackenzie Financial Corporation
Advisor Mackenzie Financial Corporation
Custodian Canadian Imperial Bank of Commerce
Registrar Mackenzie Financial Corporation
Distributor LBC 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 -
SWP Min Withdrawal -

Fees

MER 2.55%
Management Fee 2.00%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

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