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Mackenzie Global Sustainable Balanced Fund Series LB

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)
$10.86
Change
$0.02 (0.23%)

As at September 30, 2024

As at July 31, 2024

Period
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Legend

Mackenzie Global Sustainable Balanced Fund Series LB

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Fund Returns

Inception Return (December 09, 2019): 3.22%

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 1.42% 4.11% 6.17% 12.17% 20.08% 12.35% 1.67% 2.97% - - - - - -
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 1,480 / 1,710 1,493 / 1,709 981 / 1,678 596 / 1,678 649 / 1,654 1,025 / 1,617 1,396 / 1,471 1,299 / 1,339 - - - - - -
Quartile Ranking 4 4 3 2 2 3 4 4 - - - - - -

Monthly Return

Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund -1.14% 4.92% 3.20% 1.27% 2.77% 1.51% -1.96% 2.99% 1.00% 1.85% 0.79% 1.42%
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

6.79% (July 2022)

Worst Monthly Return Since Inception

-5.51% (September 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - 8.51% 3.80% -15.86% 9.20%
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 4 3
Category Rank - - - - - - 513/ 1,285 1,344/ 1,370 1,454/ 1,507 965/ 1,625

Best Calendar Return (Last 10 years)

9.20% (2023)

Worst Calendar Return (Last 10 years)

-15.86% (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 LB

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 10.37% - -
Beta 1.08% - -
Alpha -0.03% - -
Rsquared 0.88% - -
Sharpe -0.11% - -
Sortino -0.11% - -
Treynor -0.01% - -
Tax Efficiency 66.06% - -
Volatility Volatility rating is 5 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% - -
Beta 0.95% 1.08% - -
Alpha -0.01% -0.03% - -
Rsquared 0.76% 0.88% - -
Sharpe 2.15% -0.11% - -
Sortino 5.99% -0.11% - -
Treynor 0.15% -0.01% - -
Tax Efficiency 99.81% 66.06% - -

Fund Details

Start Date December 09, 2019
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
MFC8038

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. Any proposed change in the fundamental investment objectives of the Fund must be approved by a majority of votes cast at meeting of Fund investors called for that purpose.

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.

Portfolio Manager(s)

Name Start Date
Jimmy C. Chang 12-09-2019
Konstantin Boehmer 02-20-2020
Steve Locke 02-20-2020
Felix Wong 02-20-2020
David Harris 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 and Touche 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 2.42%
Management Fee 1.85%
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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