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Mackenzie Bluewater Global Growth Balanced Fund Series A
Global Equity Balanced
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FundGrade E
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FundGrade A+® Rating Recipient
2021
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|
NAVPS (10-20-2026) |
$13.96 |
|---|---|
| Change |
-$0.02
(-0.17%)
|
As at September 30, 2026
As at July 31, 2026
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Legend
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Fund Returns
Inception Return (January 31, 2019): 5.42%
| 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 | 1.22% | -0.57% | 8.29% | 4.81% | 1.79% | 1.70% | 6.76% | 7.32% | 1.79% | 3.13% | 4.45% | - | - | - |
| Benchmark | 0.61% | 0.13% | 13.37% | 12.58% | 13.52% | 15.20% | 18.72% | 17.57% | 10.32% | 10.97% | 10.89% | 10.20% | 10.27% | 10.04% |
| Category Average | -0.68% | -0.30% | 9.51% | 8.83% | 10.20% | 11.35% | 14.83% | 13.56% | 7.64% | 8.90% | 8.30% | 7.61% | 7.38% | 7.29% |
| Category Rank | 87 / 1,296 | 911 / 1,288 | 960 / 1,281 | 1,154 / 1,276 | 1,213 / 1,259 | 1,214 / 1,219 | 1,156 / 1,165 | 1,098 / 1,124 | 1,008 / 1,026 | 943 / 958 | 893 / 929 | - | - | - |
| Quartile Ranking | 1 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - | - | - |
Monthly Return
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.68% | -0.12% | -2.10% | -0.03% | 1.64% | -4.74% | 3.22% | 3.19% | 2.25% | -2.39% | 0.64% | 1.22% |
| Benchmark | 2.18% | -0.22% | -1.10% | 1.51% | 2.14% | -4.22% | 5.33% | 5.15% | 2.23% | -1.52% | 1.05% | 0.61% |
Best Monthly Return Since Inception
7.67% (July 2022)
Worst Monthly Return Since Inception
-8.63% (January 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | 14.13% | 13.68% | -17.57% | 9.84% | 10.03% | -1.76% |
| Benchmark | 3.66% | 11.99% | 0.72% | 16.29% | 12.17% | 11.33% | -12.03% | 15.07% | 21.57% | 13.15% |
| Category Average | 4.92% | 9.31% | -5.49% | 15.12% | 8.09% | 12.42% | -11.85% | 11.42% | 15.99% | 11.72% |
| Quartile Ranking | - | - | - | - | 1 | 2 | 4 | 3 | 4 | 4 |
| Category Rank | - | - | - | - | 136/ 933 | 334/ 980 | 1,002/ 1,077 | 835/ 1,125 | 1,148/ 1,205 | 1,231/ 1,232 |
Best Calendar Return (Last 10 years)
14.13% (2020)
Worst Calendar Return (Last 10 years)
-17.57% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| US Equity | 50.89 |
| Foreign Bonds - Funds | 34.85 |
| International Equity | 12.71 |
| Canadian Equity | 1.46 |
| Cash and Equivalents | 0.09 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 34.85 |
| Technology | 30.00 |
| Healthcare | 9.03 |
| Industrial Goods | 6.52 |
| Consumer Services | 6.39 |
| Other | 13.21 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 52.43 |
| Multi-National | 34.85 |
| Europe | 11.00 |
| Asia | 1.71 |
| Other | 0.01 |
Top Holdings
| Name | Percent |
|---|---|
| Mackenzie Global Enhanced Core Plus Fixed Income | 34.85 |
| Microsoft Corp | 3.57 |
| Apple Inc | 3.38 |
| Alphabet Inc Cl A | 3.36 |
| NVIDIA Corp | 2.81 |
| Broadcom Inc | 2.67 |
| Meta Platforms Inc Cl A | 2.64 |
| Eli Lilly and Co | 2.23 |
| Johnson & Johnson | 1.78 |
| ASML Holding NV - ADR | 1.64 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Mackenzie Bluewater Global Growth Balanced Fund Series A
Median
Other - Global Equity Balanced
3 Yr Annualized
| Standard Deviation | 7.98% | 10.71% | - |
|---|---|---|---|
| Beta | 0.87 | 1.00 | - |
| Alpha | -0.09 | -0.08 | - |
| Rsquared | 0.80% | 0.84% | - |
| Sharpe | 0.45 | -0.07 | - |
| Sortino | 0.77 | -0.08 | - |
| Treynor | 0.04 | -0.01 | - |
| Tax Efficiency | 93.59% | 82.54% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.29% | 7.98% | 10.71% | - |
| Beta | 0.82 | 0.87 | 1.00 | - |
| Alpha | -0.09 | -0.09 | -0.08 | - |
| Rsquared | 0.86% | 0.80% | 0.84% | - |
| Sharpe | -0.02 | 0.45 | -0.07 | - |
| Sortino | -0.15 | 0.77 | -0.08 | - |
| Treynor | 0.00 | 0.04 | -0.01 | - |
| Tax Efficiency | 34.34% | 93.59% | 82.54% | - |
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) | $280 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC5937 | ISC | Open |
| MFC5938 | DSC | Open |
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 Management
| Portfolio Manager |
Mackenzie Financial Corporation
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Mackenzie Financial Corporation |
|---|---|
| Custodian |
Canadian Imperial Bank of Commerce |
| Registrar |
Mackenzie Financial Corporation |
| Distributor |
- |
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) | 1.00% |
| Trailer Fee Max (DSC) | 1.00% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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