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Mackenzie Enhanced Global Balanced Fund Series A
Global Neutral Balanced
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FundGrade C
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FundGrade A+® Rating Recipient
2025, 2024
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|
NAVPS (07-20-2026) |
$10.55 |
|---|---|
| Change |
$0.01
(0.09%)
|
As at June 30, 2026
As at April 30, 2026
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Legend
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Fund Returns
Inception Return (November 04, 2021): 3.58%
| 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 | 0.13% | 1.22% | 0.45% | 0.45% | 3.36% | 6.92% | 9.93% | 10.10% | - | - | - | - | - | - |
| Benchmark | 2.26% | 10.26% | 9.92% | 9.92% | 17.43% | 15.00% | 14.69% | 13.77% | 7.96% | 8.39% | 8.32% | 7.94% | 7.96% | 8.11% |
| Category Average | 1.08% | 7.14% | 7.04% | 7.04% | 13.43% | 11.84% | 11.29% | 10.44% | 5.92% | 7.49% | 6.60% | 6.30% | 6.09% | 6.28% |
| Category Rank | 1,734 / 1,785 | 1,766 / 1,775 | 1,755 / 1,757 | 1,755 / 1,757 | 1,711 / 1,735 | 1,597 / 1,660 | 1,330 / 1,595 | 1,095 / 1,554 | - | - | - | - | - | - |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | - | - | - | - | - | - |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.80% | 1.70% | 1.79% | -1.30% | 1.42% | -2.45% | 0.27% | 1.32% | -2.32% | 0.29% | 0.80% | 0.13% |
| Benchmark | 1.48% | 1.44% | 3.57% | 1.71% | -0.22% | -1.26% | 1.04% | 2.06% | -3.32% | 3.53% | 4.15% | 2.26% |
Best Monthly Return Since Inception
5.88% (November 2024)
Worst Monthly Return Since Inception
-7.25% (June 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | -15.13% | 13.41% | 16.93% | 6.62% |
| 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 | - | - | - | - | - | - | 4 | 1 | 1 | 4 |
| Category Rank | - | - | - | - | - | - | 1,398/ 1,489 | 84/ 1,576 | 179/ 1,624 | 1,464/ 1,679 |
Best Calendar Return (Last 10 years)
16.93% (2024)
Worst Calendar Return (Last 10 years)
-15.13% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 36.55 |
| US Equity | 33.03 |
| International Equity | 20.07 |
| Canadian Equity | 3.55 |
| Cash and Equivalents | 0.80 |
| Other | 6.00 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 36.65 |
| Technology | 9.25 |
| Financial Services | 7.77 |
| Healthcare | 7.18 |
| Consumer Goods | 6.96 |
| Other | 32.19 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 74.79 |
| Europe | 8.78 |
| Asia | 7.35 |
| Multi-National | 3.20 |
| Latin America | 0.63 |
| Other | 5.25 |
Top Holdings
| Name | Percent |
|---|---|
| Mackenzie GQE World Low Volatility ETF (MWLV) | 52.89 |
| Mackenzie US Inv Gra Corp Bond Idx ETF C$Hg (QUIG) | 19.82 |
| Mackenzie US High Yield Bond Index ETF C$Hgd (QHY) | 18.00 |
| Mackenzie Enhanced Equity Risk Premia Fund Series R | 3.17 |
| CI Galaxy Ethereum ETF C$ Unhedged Series (ETHX.B) | 3.00 |
| CI Galaxy Bitcoin ETF - ETF C$ Unhedged (BTCX.B) | 2.90 |
| Cash and Cash Equivalents | 0.21 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Mackenzie Enhanced Global Balanced Fund Series A
Median
Other - Global Neutral Balanced
3 Yr Annualized
| Standard Deviation | 7.38% | - | - |
|---|---|---|---|
| Beta | 0.77 | - | - |
| Alpha | -0.01 | - | - |
| Rsquared | 0.53% | - | - |
| Sharpe | 0.85 | - | - |
| Sortino | 1.69 | - | - |
| Treynor | 0.08 | - | - |
| Tax Efficiency | 86.72% | - | - |
| Volatility |
|
- | - |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.32% | 7.38% | - | - |
| Beta | 0.45 | 0.77 | - | - |
| Alpha | -0.04 | -0.01 | - | - |
| Rsquared | 0.39% | 0.53% | - | - |
| Sharpe | 0.21 | 0.85 | - | - |
| Sortino | 0.11 | 1.69 | - | - |
| Treynor | 0.02 | 0.08 | - | - |
| Tax Efficiency | 71.44% | 86.72% | - | - |
Fund Details
| Start Date | November 04, 2021 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $37 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC9337 | ||
| MFC9338 |
Investment Objectives
The Fund seeks to provide capital growth and generate current income with reduced volatility by investing primarily in a combination of equity and fixed-income securities of issuers located anywhere in the world. The Fund will invest in a manner that aims to enhance the diversification of its investments. The Fund will pursue this objective by investing in securities directly and/or by investing in other investment funds.
Investment Strategy
Currently, the Fund invests in Mackenzie Maximum Diversification and Anti-Benchmark Funds and ETFs (“Mackenzie TOBAM Funds”) as well as third-party funds. The Fund and underlying funds aim to enhance the diversification of the Fund and gain exposure to Canadian and foreign fixed-income and equity securities, as well as cryptocurrencies. The strategic long-term asset mix may change in reaction to, or anticipation of, market changes.
Portfolio Management
| Portfolio Manager |
Mackenzie Financial Corporation
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Mackenzie Financial Corporation |
|---|---|
| Custodian |
Canadian Imperial Bank of Commerce |
| Registrar |
Mackenzie Financial Corporation |
| Distributor |
- |
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 | 2.10% |
|---|---|
| Management Fee | 1.60% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | 5.50% |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | 1.00% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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