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Mackenzie US Mid Cap Opportunities Currency Neutral Fund Series A

U.S. Small/Mid Cap Equity

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

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NAVPS
(11-11-2024)
$12.78
Change
$0.07 (0.55%)

As at October 31, 2024

As at August 31, 2024

As at July 31, 2024

Period
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Legend

Mackenzie US Mid Cap Opportunities Currency Neutral Fund Series A

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Fund Returns

Inception Return (October 20, 2020): 5.84%

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 -2.02% -2.05% 3.86% 3.54% 24.56% 8.49% -4.47% 6.56% - - - - - -
Benchmark 2.75% 3.59% 12.46% 18.62% 34.59% 15.38% 6.51% 13.59% 10.88% 10.59% 9.64% 10.76% 10.12% 10.71%
Category Average -0.22% -1.13% 7.60% 10.12% 27.03% 10.42% 1.58% 9.97% 6.51% 5.85% 5.19% 6.71% 6.18% 6.51%
Category Rank 236 / 273 158 / 270 238 / 269 246 / 268 162 / 268 158 / 258 237 / 246 211 / 244 - - - - - -
Quartile Ranking 4 3 4 4 3 3 4 4 - - - - - -

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 12.57% 6.88% -0.95% 4.59% 2.89% -6.48% 1.93% -0.42% 4.46% -0.13% 0.10% -2.02%
Benchmark 6.78% 6.26% -0.78% 7.29% 4.69% -5.36% 3.32% -1.00% 6.13% -1.81% 2.68% 2.75%

Best Monthly Return Since Inception

14.38% (November 2020)

Worst Monthly Return Since Inception

-9.98% (September 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - 24.27% -26.32% 13.09%
Benchmark 18.40% 11.76% 14.08% 8.66% -2.87% 21.65% 11.78% 20.00% -11.77% 13.76%
Category Average 10.57% 6.25% 9.80% 10.84% -7.63% 15.90% 4.61% 23.16% -17.30% 11.64%
Quartile Ranking - - - - - - - 2 4 2
Category Rank - - - - - - - 90/ 244 245/ 246 85/ 264

Best Calendar Return (Last 10 years)

24.27% (2021)

Worst Calendar Return (Last 10 years)

-26.32% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 95.77
Cash and Equivalents 4.23

Sector Allocation

Sector Allocation
Name Percent
Technology 27.59
Healthcare 24.87
Industrial Services 16.83
Industrial Goods 14.17
Financial Services 5.13
Other 11.41

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Exlservice Holdings Inc 5.69
Akamai Technologies Inc 4.97
Bio-Techne Corp 4.90
Cirrus Logic Inc 4.85
CoStar Group Inc 4.79
SS&C Technologies Holdings Inc 4.63
Vontier Corp 4.61
Charles River Laboratories Intl Inc 4.52
Maximus Inc 4.44
Hologic Inc 4.27

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Mackenzie US Mid Cap Opportunities Currency Neutral Fund Series A

Median

Other - U.S. Small/Mid Cap Equity

3 Yr Annualized

Standard Deviation 18.85% - -
Beta 1.00% - -
Alpha -0.11% - -
Rsquared 0.81% - -
Sharpe -0.33% - -
Sortino -0.44% - -
Treynor -0.06% - -
Tax Efficiency - - -
Volatility Volatility rating is 10 on a scale of 1 to 10 - -

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 16.83% 18.85% - -
Beta 1.01% 1.00% - -
Alpha -0.08% -0.11% - -
Rsquared 0.70% 0.81% - -
Sharpe 1.12% -0.33% - -
Sortino 2.82% -0.44% - -
Treynor 0.19% -0.06% - -
Tax Efficiency 100.00% - - -

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 October 20, 2020
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $39

Fund Codes

FundServ Code Load Code Sales Status
MFC8137
MFC8138
MFC8139

Investment Objectives

The Fund seeks to provide long-term capital growth and a reasonable rate of return by investing primarily in equity securities of mid-capitalization companies in the United States. The Fund will pursue this objective by investing in securities directly and/or by investing in other investment funds. The Fund seeks to eliminate substantially all of its foreign currency exposure.

Investment Strategy

The Fund seeks companies with strong management, good growth prospects and attractive financial metrics. Emphasis is also placed on paying reasonable prices for the growth that companies in the portfolio are expected to achieve. The Fund will primarily invest in mid-capitalization companies. A portion of the Fund also may be invested in small-cap companies and/or companies based outside of the United States. The Fund will seek to hedge substantially all of its foreign currency exposure.

Portfolio Manager(s)

Name Start Date
Mackenzie Financial Corporation 10-20-2020

Management and Organization

Fund Manager Mackenzie Financial Corporation
Advisor Mackenzie Financial Corporation
Custodian Canadian Imperial Bank of Commerce
Registrar Mackenzie Financial Corporation
Distributor -
Auditor KPMG LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.58%
Management Fee 2.00%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max 5.50%
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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