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Global Neutral Balanced
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|
NAVPS (06-14-2024) |
$10.61 |
|---|---|
| Change |
-$0.01
(-0.09%)
|
As at May 31, 2024
As at February 29, 2024
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Inception Return (December 09, 2019): 2.31%
| 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 | 2.99% | 2.49% | 10.09% | 6.67% | 10.54% | 5.98% | 0.22% | 2.66% | - | - | - | - | - | - |
| Benchmark | 1.73% | 1.94% | 8.09% | 5.92% | 12.59% | 9.18% | 3.91% | 4.98% | 5.61% | 5.55% | 5.21% | 6.18% | 6.05% | 6.97% |
| Category Average | 2.20% | 7.71% | 7.71% | 4.67% | 11.08% | 5.85% | 2.49% | 5.52% | 4.86% | 4.50% | 4.19% | 4.85% | 4.14% | 4.56% |
| Category Rank | 109 / 1,716 | 702 / 1,705 | 190 / 1,705 | 278 / 1,705 | 1,010 / 1,659 | 948 / 1,602 | 1,383 / 1,443 | 1,279 / 1,329 | - | - | - | - | - | - |
| Quartile Ranking | 1 | 2 | 1 | 1 | 3 | 3 | 4 | 4 | - | - | - | - | - | - |
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.18% | 0.66% | -1.22% | -3.78% | -1.14% | 4.92% | 3.20% | 1.27% | 2.77% | 1.51% | -1.96% | 2.99% |
| Benchmark | 0.46% | 1.75% | 0.57% | -3.70% | 0.21% | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% |
6.79% (July 2022)
-5.51% (September 2022)
| 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 | - | - | - | - | - | - | 511/ 1,311 | 1,359/ 1,395 | 1,475/ 1,534 | 968/ 1,653 |
9.20% (2023)
-15.86% (2022)
| Name | Percent |
|---|---|
| US Equity | 34.51 |
| Foreign Government Bonds | 16.46 |
| Foreign Corporate Bonds | 15.23 |
| International Equity | 14.89 |
| Canadian Corporate Bonds | 11.86 |
| Other | 7.05 |
| Name | Percent |
|---|---|
| Fixed Income | 46.78 |
| Technology | 13.38 |
| Financial Services | 6.43 |
| Consumer Services | 6.41 |
| Healthcare | 5.33 |
| Other | 21.67 |
| Name | Percent |
|---|---|
| North America | 73.48 |
| Europe | 18.51 |
| Asia | 5.80 |
| Latin America | 1.46 |
| Other | 0.75 |
| Name | Percent |
|---|---|
| Mackenzie Betterworld Global Equity Fund Ser A | 50.10 |
| Mackenzie Global Sustainable Bond Fund Series A | 49.07 |
| Canada Government 0.50% 01-Dec-2030 | 0.59 |
| RioCan REIT 5.96% 01-Oct-2029 | 0.16 |
| Cash and Cash Equivalents | 0.07 |
Mackenzie Global Sustainable Balanced Fund Series LB
Median
Other - Global Neutral Balanced
| Standard Deviation | 10.54% | - | - |
|---|---|---|---|
| Beta | 1.09% | - | - |
| Alpha | -0.04% | - | - |
| Rsquared | 0.89% | - | - |
| Sharpe | -0.20% | - | - |
| Sortino | -0.29% | - | - |
| Treynor | -0.02% | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.66% | 10.54% | - | - |
| Beta | 1.05% | 1.09% | - | - |
| Alpha | -0.02% | -0.04% | - | - |
| Rsquared | 0.86% | 0.89% | - | - |
| Sharpe | 0.64% | -0.20% | - | - |
| Sortino | 1.47% | -0.29% | - | - |
| Treynor | 0.05% | -0.02% | - | - |
| Tax Efficiency | 99.66% | - | - | - |
| 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) | $76 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC8038 |
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.
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.
| 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 |
| 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 |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 2.41% |
|---|---|
| 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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