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Mackenzie Conservative Allocation ETF
Global Fixed Inc 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, 2023
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|
NAVPS (06-19-2026) |
$25.28 |
|---|---|
| Change |
$0.01
(0.05%)
|
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): 6.36%
| 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 | 2.65% | 1.93% | 4.54% | 5.34% | 13.85% | 12.07% | 11.46% | 9.03% | 6.19% | - | - | - | - | - |
| Benchmark | 2.66% | 1.46% | 2.21% | 3.76% | 9.55% | 9.75% | 8.35% | 7.26% | 4.05% | 3.03% | 3.78% | 4.14% | 3.69% | 4.12% |
| Category Average | 1.97% | 1.05% | 3.39% | 3.95% | 9.71% | 8.77% | 8.33% | 6.17% | 3.67% | 4.67% | 4.39% | 4.21% | 3.84% | 4.10% |
| Category Rank | 125 / 968 | 220 / 965 | 160 / 961 | 151 / 961 | 93 / 956 | 32 / 928 | 37 / 873 | 37 / 858 | 34 / 785 | - | - | - | - | - |
| 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 | 1.71% | 0.66% | 1.43% | 2.94% | 1.36% | 0.51% | -0.75% | 1.01% | 2.30% | -3.00% | 2.38% | 2.65% |
| Benchmark | 1.79% | 0.55% | 1.09% | 2.79% | 1.00% | -0.23% | -1.50% | 0.33% | 1.93% | -1.98% | 0.82% | 2.66% |
Best Monthly Return Since Inception
5.11% (November 2023)
Worst Monthly Return Since Inception
-4.43% (April 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | 6.69% | -11.53% | 11.00% | 12.10% | 10.22% |
| Benchmark | 0.39% | 3.81% | 5.53% | 6.30% | 9.09% | -0.49% | -11.13% | 6.74% | 11.56% | 6.36% |
| Category Average | 4.39% | 5.49% | -2.85% | 9.97% | 7.08% | 4.51% | -11.10% | 7.71% | 8.38% | 7.43% |
| Quartile Ranking | - | - | - | - | - | 1 | 3 | 1 | 1 | 1 |
| Category Rank | - | - | - | - | - | 90/ 781 | 541/ 824 | 13/ 867 | 73/ 918 | 51/ 946 |
Best Calendar Return (Last 10 years)
12.10% (2024)
Worst Calendar Return (Last 10 years)
-11.53% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Government Bonds | 25.08 |
| US Equity | 17.26 |
| Foreign Government Bonds | 14.83 |
| Canadian Equity | 11.41 |
| International Equity | 11.16 |
| Other | 20.26 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 59.17 |
| Technology | 9.72 |
| Financial Services | 8.34 |
| Basic Materials | 3.44 |
| Energy | 3.23 |
| Other | 16.10 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 75.70 |
| Europe | 12.89 |
| Asia | 7.01 |
| Latin America | 0.53 |
| Africa and Middle East | 0.50 |
| Other | 3.37 |
Top Holdings
| Name | Percent |
|---|---|
| Mackenzie Canadian Aggregate Bond Index ETF (QBB) | 35.45 |
| Mackenzie US Large Cap Equity Index ETF (QUU) | 17.53 |
| Mackenzie U.S. Aggregate Bond Index ETF (QUB) | 13.86 |
| Mackenzie Canadian Equity Index ETF (QCN) | 11.67 |
| Mackenzie Developed ex-NA Agg Bd Ind ETF (QDXB) | 9.60 |
| Mackenzie International Equity Index ETF (QDX) | 7.86 |
| Mackenzie Emerging Markets Equity Index ETF (QEE) | 2.83 |
| Mackenzie Emerging Markets Lo Cu Bon Ix ETF (QEBL) | 1.20 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Mackenzie Conservative Allocation ETF
Median
Other - Global Fixed Inc Balanced
3 Yr Annualized
| Standard Deviation | 6.12% | 7.48% | - |
|---|---|---|---|
| Beta | 0.99 | 0.98 | - |
| Alpha | 0.03 | 0.02 | - |
| Rsquared | 0.75% | 0.75% | - |
| Sharpe | 1.23 | 0.45 | - |
| Sortino | 2.41 | 0.66 | - |
| Treynor | 0.08 | 0.03 | - |
| Tax Efficiency | 90.61% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.74% | 6.12% | 7.48% | - |
| Beta | 1.04 | 0.99 | 0.98 | - |
| Alpha | 0.04 | 0.03 | 0.02 | - |
| Rsquared | 0.86% | 0.75% | 0.75% | - |
| Sharpe | 1.89 | 1.23 | 0.45 | - |
| Sortino | 3.00 | 2.41 | 0.66 | - |
| Treynor | 0.10 | 0.08 | 0.03 | - |
| Tax Efficiency | 93.05% | 90.61% | - | - |
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 Conservative Allocation ETF seeks to provide a combination of income and moderate long-term capital growth, primarily by investing in ETFs that provide exposure to a portfolio of global equity and fixed incomes ecurities.
Investment Strategy
In order to achieve its investment objective, Mackenzie Conservative Allocation ETF invests in global equity and fixed-income securities. The Portfolio Manager seeks to maintain a long-term strategic asset allocation of approximately 40% equity securities and 60% fixed income securities (under normal market conditions).
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 |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 0.19% |
|---|---|
| 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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