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Global Equity Balanced

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2021

Click for more information on Fundata’s FundGrade

NAVPS
(04-15-2024)
$13.27
Change
-$0.09 (-0.69%)

As at March 31, 2024

As at January 31, 2024

As at February 29, 2024

Period
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Legend

Mackenzie Bluewater Global Growth Balanced Fund Series A

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Fund Returns

Inception Return (January 31, 2019): 6.58%

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 0.71% 0.77% -1.25% 5.02% 9.45% 3.63% 2.72% 7.41% 5.51% - - - - -
Benchmark 2.30% 7.76% 16.43% 7.76% 17.03% 8.32% 6.28% 10.74% 8.09% 7.66% 7.94% 8.66% 7.72% 8.79%
Category Average 2.28% 14.40% 14.40% 6.54% 13.24% 5.19% 4.68% 10.12% 6.26% 5.67% 5.56% 6.20% 5.10% 5.64%
Category Rank 1,376 / 1,385 1,195 / 1,384 1,090 / 1,343 1,195 / 1,384 1,189 / 1,308 1,098 / 1,289 1,006 / 1,146 989 / 1,085 782 / 1,056 - - - - -
Quartile Ranking 4 4 4 4 4 4 4 4 3 - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.59% -0.97% 1.97% -0.02% -0.73% -3.76% -1.25% 6.34% 2.29% 0.77% 3.49% 0.71%
Benchmark 1.47% -1.16% 1.58% 2.43% 0.23% -3.90% -0.20% 5.87% 2.26% 1.06% 4.23% 2.30%

Best Monthly Return Since Inception

7.67% (July 2022)

Worst Monthly Return Since Inception

-8.63% (January 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - 14.13% 13.68% -17.57% 9.84%
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 - - - - - - 1 2 4 3
Category Rank - - - - - - 143/ 1,083 358/ 1,135 1,172/ 1,253 943/ 1,303

Best Calendar Return (Last 10 years)

14.13% (2020)

Worst Calendar Return (Last 10 years)

-17.57% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 36.83
International Equity 26.37
Canadian Corporate Bonds 12.04
Canadian Government Bonds 7.55
Foreign Government Bonds 6.87
Other 10.34

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 30.94
Technology 19.39
Industrial Goods 11.24
Consumer Goods 7.89
Healthcare 7.61
Other 22.93

Geographic Allocation

Geographic Allocation
Name Percent
North America 69.15
Europe 26.98
Latin America 2.25
Asia 1.40
Africa and Middle East 0.32
Other -0.10

Top Holdings

Top Holdings
Name Percent
Cash and Cash Equivalents 3.91
Microsoft Corp 2.93
Schneider Electric SE 2.75
Aon PLC Cl A 2.66
Roper Technologies Inc 2.61
Accenture PLC Cl A 2.52
Linde PLC 2.48
Alcon AG 2.21
S&P Global Inc 2.04
Trane Technologies PLC 2.03

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 Bluewater Global Growth Balanced Fund Series A

Median

Other - Global Equity Balanced

3 Yr Annualized

Standard Deviation 12.79% 11.55% -
Beta 1.13% 1.04% -
Alpha -0.04% -0.03% -
Rsquared 0.89% 0.86% -
Sharpe 0.07% 0.36% -
Sortino 0.05% 0.38% -
Treynor 0.01% 0.04% -
Tax Efficiency 95.40% - -
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 -

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.90% 12.79% 11.55% -
Beta 0.96% 1.13% 1.04% -
Alpha -0.06% -0.04% -0.03% -
Rsquared 0.88% 0.89% 0.86% -
Sharpe 0.53% 0.07% 0.36% -
Sortino 1.41% 0.05% 0.38% -
Treynor 0.05% 0.01% 0.04% -
Tax Efficiency 100.00% 95.40% - -

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 31, 2019
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $825

Fund Codes

FundServ Code Load Code Sales Status
MFC5937
MFC5938
MFC5939
MFC7304

Investment Objectives

The Fund seeks capital growth and current income by investing primarily in equity and/or fixed income securities anywhere around the world. The Fund will pursue this objective by investing in securities directly and/or by investing in other mutual funds.

Investment Strategy

The Fund’s asset mix will generally be kept within the following ranges: 60-90% equity securities; 10-40% fixed-income securities, including cash and cash equivalents. The asset allocation portfolio manager will adjust the percentage of the Fund invested in each asset class based on changes in the market outlook for each asset class.

Portfolio Manager(s)

Name Start Date
Dina DeGeer 02-20-2020
Konstantin Boehmer 02-20-2020
David Arpin 02-20-2020
Nelson Arruda 02-20-2020
Steve Locke 02-20-2020
Felix Wong 02-20-2020
Caroline Chan 02-03-2023
David Taylor 02-03-2023
Dan Cooper 02-03-2023
Tyler Hewlett 02-03-2023
Movin Mokbel 02-03-2023
Ken Yip 02-03-2023

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 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 2.34%
Management Fee 1.85%
Load Choice of Front or Back
FE Max 1.00%
DSC Max 1.00%
LL Max 1.00%
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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