Join Fund Library now and get free access to personalized features to help you manage your investments.

Mackenzie FuturePath Global Neutral Balanced Portfolio PA

Global Neutral Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(12-06-2024)
$13.09
Change
$0.09 (0.69%)

As at October 31, 2024

As at August 31, 2024

Period
Loading...

Legend

Mackenzie FuturePath Global Neutral Balanced Portfolio PA

Compare Options


Fund Returns

Inception Return (July 06, 2022): 11.08%

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 -0.87% 1.85% 9.29% 11.26% 22.22% 12.46% - - - - - - - -
Benchmark 0.21% 2.39% 9.50% 14.01% 22.16% 14.87% 4.91% 6.20% 6.36% 7.25% 6.28% 6.58% 6.60% 7.43%
Category Average -0.44% 1.92% 7.82% 10.43% 19.47% 11.21% 3.06% 6.10% 5.22% 5.85% 4.75% 5.15% 5.03% 4.93%
Category Rank 1,523 / 1,718 1,022 / 1,716 239 / 1,693 779 / 1,682 346 / 1,671 527 / 1,621 - - - - - - - -
Quartile Ranking 4 3 1 2 1 2 - - - - - - - -

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 5.99% 3.64% 0.14% 2.20% 2.14% -2.61% 2.77% 1.04% 3.35% 0.39% 2.34% -0.87%
Benchmark 5.00% 2.05% 0.78% 3.10% 1.80% -1.57% 1.73% 1.79% 3.28% -0.07% 2.25% 0.21%

Best Monthly Return Since Inception

5.99% (November 2023)

Worst Monthly Return Since Inception

-3.99% (September 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - 10.58%
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
Category Rank - - - - - - - - - 530/ 1,629

Best Calendar Return (Last 10 years)

10.58% (2023)

Worst Calendar Return (Last 10 years)

10.58% (2023)

Asset Allocation

Asset Allocation
Name Percent
International Equity 26.89
US Equity 20.90
Canadian Equity 13.73
Canadian Corporate Bonds 11.20
Foreign Corporate Bonds 6.34
Other 20.94

Sector Allocation

Sector Allocation
Name Percent
Mutual Fund 44.44
Fixed Income 34.37
Financial Services 5.04
Cash and Cash Equivalent 3.71
Energy 3.00
Other 9.44

Geographic Allocation

Geographic Allocation
Name Percent
North America 67.85
Multi-National 30.92
Europe 0.64
Latin America 0.27
Africa and Middle East 0.17
Other 0.15

Top Holdings

Top Holdings
Name Percent
Mackenzie Canadian Bond Fund Series A 20.23
Mack US Equity Pool Series R 18.15
Mackenzie Canadian Equity Fund Investor Series 14.87
Mack Comprehensive Equity Pool Series R 11.34
Mack EAFE Equity Pool Series R 5.85
Mackenzie FuturePath Canadian Core Bond Fund Series R 5.64
Mackenzie Broad Risk Premia Collection Fund Series R 4.76
Mackenzie North American Corporate Bond Fund A 4.53
Mackenzie Enhanced Fixed Income Risk Premia Fund Series R 4.40
Mackenzie US Inv Gra Corp Bond Idx ETF C$Hg (QUIG) 3.04

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating  out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.86% - - -
Beta 1.23% - - -
Alpha -0.05% - - -
Rsquared 0.87% - - -
Sharpe 2.02% - - -
Sortino 5.70% - - -
Treynor 0.13% - - -
Tax Efficiency 97.31% - - -

Fund Details

Start Date July 06, 2022
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $67

Fund Codes

FundServ Code Load Code Sales Status
MFC13708
MFC13709
MFC13710

Investment Objectives

The Fund seeks to provide investors with a diversified portfolio designed to provide a balance of income and long-term capital appreciation. The Fund seeks to accomplish its objectives by investing primarily in securities of other mutual funds to gain exposure to Canadian and foreign equity and fixed-income securities and other asset categories.

Investment Strategy

The Fund’s asset mix will generally be kept within the following ranges: 40% - 60% equity securities; 30% - 60% fixed-income securities. In addition to fixed income and equity exposures, the Fund may also invest in alternative mutual funds. The asset allocation portfolio manager employs a disciplined total portfolio management approach to constructing the Fund. The Fund is built upon long-term strategic allocations to different equity markets, fixed income markets, and other asset classes.

Portfolio Manager(s)

Name Start Date
Mackenzie Financial Corporation 06-22-2022

Management and Organization

Fund Manager Mackenzie Financial Corporation
Advisor Mackenzie Financial Corporation
Custodian Canadian Imperial Bank of Commerce
Registrar Mackenzie Financial Corporation
Distributor PFSL Investments Canada Ltd.
Auditor KPMG LLP

Investment Minimums

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

Fees

MER 1.20%
Management Fee 0.85%
Load Choice of Back or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

Join Fund Library now and get free access to personalized features to help you manage your investments.