Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
Mackenzie Bluewater Next Gen Growth Fund Series A
Global Equity
Click for more information on Fundata’s FundGrade
FundGrade D
Click for more information on Fundata’s FundGrade.
Click for more information on Fundata’s ESG Grade
Fundata ESG Grade C
Click for more information on Fundata’s ESG Grade.
|
NAVPS (10-29-2026) |
$17.08 |
|---|---|
| Change |
-$0.25
(-1.42%)
|
As at September 30, 2026
As at July 31, 2026
As at September 30, 2026
Loading......
Legend
Compare Options
Fund Returns
Inception Return (October 17, 2022): 15.85%
| 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 | 3.13% | 1.87% | 20.58% | 10.06% | 6.86% | 9.50% | 15.54% | - | - | - | - | - | - | - |
| Benchmark | 0.94% | 1.23% | 18.41% | 17.00% | 18.91% | 19.86% | 23.51% | 22.39% | 13.90% | 15.19% | 14.55% | 13.10% | 13.18% | 13.18% |
| Category Average | 0.07% | 0.58% | 14.53% | 11.67% | 12.72% | 13.82% | 17.91% | 17.26% | 9.73% | 11.45% | 10.95% | 9.77% | 9.80% | 9.93% |
| Category Rank | 179 / 2,179 | 717 / 2,169 | 250 / 2,148 | 1,342 / 2,114 | 1,671 / 2,080 | 1,560 / 1,979 | 1,299 / 1,848 | - | - | - | - | - | - | - |
| Quartile Ranking | 1 | 2 | 1 | 3 | 4 | 4 | 3 | - | - | - | - | - | - | - |
Monthly Return
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.96% | -1.60% | -3.22% | -2.37% | -2.13% | -4.49% | 8.64% | 7.09% | 1.75% | -3.03% | 1.86% | 3.13% |
| Benchmark | 2.78% | -0.21% | -0.91% | 2.09% | 2.25% | -5.34% | 7.58% | 6.39% | 2.20% | -1.37% | 1.68% | 0.94% |
Best Monthly Return Since Inception
11.06% (November 2023)
Worst Monthly Return Since Inception
-6.65% (March 2025)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | 22.86% | 19.41% | 3.50% |
| Benchmark | 5.18% | 16.29% | -1.79% | 21.41% | 13.15% | 17.62% | -12.64% | 19.37% | 26.84% | 16.60% |
| Category Average | 3.86% | 14.23% | -5.38% | 19.94% | 11.73% | 16.21% | -13.86% | 15.08% | 20.13% | 12.89% |
| Quartile Ranking | - | - | - | - | - | - | - | 1 | 3 | 4 |
| Category Rank | - | - | - | - | - | - | - | 213/ 1,778 | 1,189/ 1,890 | 1,832/ 2,001 |
Best Calendar Return (Last 10 years)
22.86% (2023)
Worst Calendar Return (Last 10 years)
3.50% (2025)
Asset Allocation
| Name | Percent |
|---|---|
| US Equity | 77.83 |
| International Equity | 17.16 |
| Canadian Equity | 4.39 |
| Cash and Equivalents | 0.62 |
Sector Allocation
| Name | Percent |
|---|---|
| Technology | 53.65 |
| Consumer Services | 13.59 |
| Industrial Goods | 12.23 |
| Healthcare | 7.72 |
| Financial Services | 6.70 |
| Other | 6.11 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 82.84 |
| Europe | 13.71 |
| Asia | 3.45 |
Top Holdings
| Name | Percent |
|---|---|
| Apple Inc | 9.64 |
| NVIDIA Corp | 9.61 |
| Alphabet Inc Cl A | 8.82 |
| Amazon.com Inc | 7.43 |
| Eli Lilly and Co | 3.24 |
| Costco Wholesale Corp | 3.05 |
| Broadcom Inc | 3.05 |
| Mastercard Inc Cl A | 2.78 |
| Howmet Aerospace Inc | 1.86 |
| Trane Technologies PLC | 1.81 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Mackenzie Bluewater Next Gen Growth Fund Series A
Median
Other - Global Equity
3 Yr Annualized
| Standard Deviation | 13.53% | - | - |
|---|---|---|---|
| Beta | 1.16 | - | - |
| Alpha | -0.10 | - | - |
| Rsquared | 0.77% | - | - |
| Sharpe | 0.89 | - | - |
| Sortino | 1.77 | - | - |
| Treynor | 0.10 | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 14.49% | 13.53% | - | - |
| Beta | 1.07 | 1.16 | - | - |
| Alpha | -0.12 | -0.10 | - | - |
| Rsquared | 0.75% | 0.77% | - | - |
| Sharpe | 0.37 | 0.89 | - | - |
| Sortino | 0.59 | 1.77 | - | - |
| Treynor | 0.05 | 0.10 | - | - |
| 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 17, 2022 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $27 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC9518 | ISC | Open |
| MFC9519 | DSC | Open |
Investment Objectives
The Fund seeks to provide capital growth over the longer term by investing primarily in equity securities issued by companies of any size, anywhere in the world that have the potential to be drivers or beneficiaries of innovation.
Investment Strategy
The Fund aims to identify companies which the team believes are able to be innovative leaders in their industry. These companies attempt to drive innovation or benefit from the application of certain types of innovation: (i) Product Innovation: the development of innovative products or features; (ii) Service Innovation: the creation and introduction of new services for customers and partners; or (iii) Business Model Innovation: the development of innovative business models and revenue streams.
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 | 2.54% |
|---|---|
| Management Fee | 1.95% |
| 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) | - |
Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
