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Mackenzie Balanced Allocation ETF
Global Neutral Balanced
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FundGrade A
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade C
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FundGrade A+® Rating Recipient
2025, 2024
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|
NAVPS (06-19-2026) |
$30.68 |
|---|---|
| Change |
$0.00
(0.02%)
|
As at May 31, 2026
As at March 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (September 29, 2020): 9.69%
| 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 | 3.48% | 3.47% | 6.97% | 7.58% | 19.83% | 16.10% | 15.47% | 12.27% | 9.13% | - | - | - | - | - |
| Benchmark | 4.15% | 4.24% | 6.13% | 7.49% | 17.74% | 14.74% | 14.02% | 11.92% | 8.11% | 8.14% | 8.14% | 7.77% | 7.25% | 7.84% |
| Category Average | 2.60% | 2.28% | 5.38% | 5.90% | 14.32% | 11.64% | 11.45% | 8.71% | 6.06% | 7.52% | 6.76% | 6.24% | 5.81% | 6.18% |
| Category Rank | 331 / 1,772 | 411 / 1,769 | 424 / 1,752 | 399 / 1,753 | 202 / 1,729 | 103 / 1,652 | 99 / 1,581 | 79 / 1,553 | 110 / 1,394 | - | - | - | - | - |
| Quartile Ranking | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.32% | 1.27% | 1.87% | 3.68% | 1.73% | 0.62% | -0.57% | 1.25% | 2.69% | -3.48% | 3.60% | 3.48% |
| Benchmark | 2.53% | 1.48% | 1.44% | 3.57% | 1.71% | -0.22% | -1.26% | 1.04% | 2.06% | -3.32% | 3.53% | 4.15% |
Best Monthly Return Since Inception
6.05% (November 2020)
Worst Monthly Return Since Inception
-5.35% (June 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | 11.28% | -11.28% | 13.14% | 16.72% | 13.96% |
| Benchmark | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% | 10.42% |
| Category Average | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% | 9.84% |
| Quartile Ranking | - | - | - | - | - | 2 | 3 | 1 | 1 | 1 |
| Category Rank | - | - | - | - | - | 374/ 1,347 | 906/ 1,489 | 104/ 1,576 | 186/ 1,624 | 113/ 1,679 |
Best Calendar Return (Last 10 years)
16.72% (2024)
Worst Calendar Return (Last 10 years)
-11.28% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| US Equity | 25.80 |
| Canadian Equity | 17.15 |
| Canadian Government Bonds | 16.73 |
| International Equity | 16.72 |
| Foreign Government Bonds | 9.90 |
| Other | 13.70 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 39.48 |
| Technology | 14.59 |
| Financial Services | 12.41 |
| Basic Materials | 5.16 |
| Energy | 4.87 |
| Other | 23.49 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 74.43 |
| Europe | 13.06 |
| Asia | 8.95 |
| Africa and Middle East | 0.67 |
| Latin America | 0.56 |
| Other | 2.33 |
Top Holdings
| Name | Percent |
|---|---|
| Mackenzie US Large Cap Equity Index ETF (QUU) | 26.32 |
| Mackenzie Canadian Aggregate Bond Index ETF (QBB) | 23.64 |
| Mackenzie Canadian Equity Index ETF (QCN) | 17.53 |
| Mackenzie International Equity Index ETF (QDX) | 11.80 |
| Mackenzie U.S. Aggregate Bond Index ETF (QUB) | 9.25 |
| Mackenzie Developed ex-NA Agg Bd Ind ETF (QDXB) | 6.41 |
| Mackenzie Emerging Markets Equity Index ETF (QEE) | 4.24 |
| Mackenzie Emerging Markets Lo Cu Bon Ix ETF (QEBL) | 0.80 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Mackenzie Balanced Allocation ETF
Median
Other - Global Neutral Balanced
3 Yr Annualized
| Standard Deviation | 7.24% | 8.76% | - |
|---|---|---|---|
| Beta | 0.99 | 1.01 | - |
| Alpha | 0.01 | 0.01 | - |
| Rsquared | 0.92% | 0.92% | - |
| Sharpe | 1.54 | 0.71 | - |
| Sortino | 3.13 | 1.09 | - |
| Treynor | 0.11 | 0.06 | - |
| Tax Efficiency | 93.81% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.03% | 7.24% | 8.76% | - |
| Beta | 0.92 | 0.99 | 1.01 | - |
| Alpha | 0.03 | 0.01 | 0.01 | - |
| Rsquared | 0.96% | 0.92% | 0.92% | - |
| Sharpe | 2.29 | 1.54 | 0.71 | - |
| Sortino | 4.05 | 3.13 | 1.09 | - |
| Treynor | 0.17 | 0.11 | 0.06 | - |
| Tax Efficiency | 95.42% | 93.81% | - | - |
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 | September 29, 2020 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| N/A | ||
Investment Objectives
Mackenzie Balanced Allocation ETF seeks to provide long-term capital growth with a moderate level of income, primarily by investing in ETFs that provide exposure to a portfolio of global equity and fixed income securities.
Investment Strategy
In order to achieve its investment objective, Mackenzie Balanced Allocation ETF invests in global equity and fixed- income securities. The Portfolio Manager seeks to maintain a long-term strategic asset allocation of approximately 60% equity securities and 40% fixed income securities (under normal market conditions). The portfolio asset mix may be reconstituted and rebalanced from time to time at the discretion of the Portfolio Manager.
Portfolio Management
| Portfolio Manager |
Mackenzie Financial Corporation |
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Mackenzie Financial Corporation |
|---|---|
| Custodian |
Canadian Imperial Bank of Commerce |
| Registrar |
TSX Trust Company |
| Distributor |
Quadrus Investment Services Limited IPC Investment Corporation IPC Securities Corporation |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 0.18% |
|---|---|
| Management Fee | 0.17% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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