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IG Mackenzie Global Precious Metals Fund Series A

Precious Metals Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(04-17-2024)
$16.80
Change
$0.16 (0.98%)

As at March 31, 2024

As at January 31, 2024

As at February 29, 2024

Period
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Legend

IG Mackenzie Global Precious Metals Fund Series A

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Fund Returns

Inception Return (July 28, 2008): 3.14%

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 20.93% 7.63% 23.38% 7.63% -0.26% -6.47% 2.55% 12.79% 13.23% 11.46% 8.00% 10.28% 11.89% 8.67%
Benchmark 18.87% 2.02% 15.68% 2.02% -5.10% -8.13% 0.90% 6.62% 9.72% 9.08% 6.35% 7.41% 7.67% 5.03%
Category Average 19.51% 18.81% 18.81% 4.66% -2.14% -7.79% 1.10% 12.17% 10.56% 9.02% 6.02% 8.35% 9.75% 7.17%
Category Rank 27 / 78 21 / 77 22 / 77 21 / 77 25 / 77 35 / 72 39 / 71 41 / 70 23 / 70 21 / 59 20 / 58 22 / 57 20 / 56 20 / 53
Quartile Ranking 2 2 2 2 2 2 3 3 2 2 2 2 2 2

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 4.38% -8.34% -6.13% 5.72% -3.98% -11.33% 4.86% 11.19% -1.68% -8.01% -3.25% 20.93%
Benchmark 3.73% -8.67% -5.08% 3.93% -4.58% -8.01% 6.53% 7.99% -1.44% -8.71% -5.98% 18.87%

Best Monthly Return Since Inception

35.99% (April 2020)

Worst Monthly Return Since Inception

-35.87% (October 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 1.45% -7.98% 64.46% 3.99% -7.74% 42.57% 42.89% -5.35% -8.93% 3.34%
Benchmark -14.81% -17.99% 55.11% 0.96% -3.46% 42.02% 25.38% -7.16% -2.48% 1.85%
Category Average 1.59% -7.69% 59.78% 3.16% -9.27% 36.39% 42.53% -7.32% -10.92% 3.45%
Quartile Ranking 3 3 2 2 3 3 3 3 3 3
Category Rank 30/ 52 36/ 54 19/ 57 27/ 58 30/ 59 33/ 62 48/ 70 38/ 71 37/ 72 50/ 72

Best Calendar Return (Last 10 years)

64.46% (2016)

Worst Calendar Return (Last 10 years)

-8.93% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 51.67
International Equity 32.85
US Equity 10.35
Cash and Equivalents 3.59
Commodities 0.98
Other 0.56

Sector Allocation

Sector Allocation
Name Percent
Basic Materials 92.49
Cash and Cash Equivalent 3.59
Exchange Traded Fund 0.98
Fixed Income 0.55
Other 2.39

Geographic Allocation

Geographic Allocation
Name Percent
North America 65.15
Asia 18.79
Africa and Middle East 11.18
Europe 2.66
Multi-National 0.98
Other 1.24

Top Holdings

Top Holdings
Name Percent
Agnico Eagle Mines Ltd 8.57
Barrick Gold Corp 7.30
Gold Fields Ltd - ADR 5.56
Northern Star Resources Ltd 5.04
Royal Gold Inc 3.74
AngloGold Ashanti Ltd 3.53
Newmont Corp 3.21
Karora Resources Inc 3.18
Lundin Gold Inc 3.14
Pan American Silver Corp 3.09

Equity Style

Market capitalization is medium. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

IG Mackenzie Global Precious Metals Fund Series A

Median

Other - Precious Metals Equity

3 Yr Annualized

Standard Deviation 32.45% 34.75% 34.08%
Beta 1.02% 0.99% 0.96%
Alpha 0.02% 0.04% 0.04%
Rsquared 0.95% 0.94% 0.93%
Sharpe 0.15% 0.47% 0.37%
Sortino 0.22% 0.79% 0.55%
Treynor 0.05% 0.16% 0.13%
Tax Efficiency 92.10% 98.77% 97.63%
Volatility Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 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 32.46% 32.45% 34.75% 34.08%
Beta 1.09% 1.02% 0.99% 0.96%
Alpha 0.06% 0.02% 0.04% 0.04%
Rsquared 0.97% 0.95% 0.94% 0.93%
Sharpe -0.01% 0.15% 0.47% 0.37%
Sortino 0.07% 0.22% 0.79% 0.55%
Treynor 0.00% 0.05% 0.16% 0.13%
Tax Efficiency - 92.10% 98.77% 97.63%

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 July 28, 2008
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $128

Fund Codes

FundServ Code Load Code Sales Status
IGI1941

Investment Objectives

The Class aims to provide long-term capital growth by investing primarily in equity securities of companies from around the world involved in the precious metals industry. The Class may also invest directly or indirectly in precious metals.

Investment Strategy

The Class seeks to invest primarily in equity securities of companies engaged in the exploration, development and production of precious metals and companies which provide goods and services to the precious metals industry. The Class may also invest in other related securities such as precious metals purchase warrants and fixed income securities convertible into precious metals securities.

Portfolio Manager(s)

Name Start Date
I.G. Investment Management, Ltd. 07-28-2008
Benoit Gervais 05-16-2013

Management and Organization

Fund Manager I.G. Investment Management, Ltd.
Advisor I.G. Investment Management, Ltd.
Custodian Canadian Imperial Bank of Commerce
Registrar I.G. Investment Management, Ltd.
Distributor Investors Group Financial Services Inc.
Auditor Deloitte LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment -
PAC Subsequent -
SWP Allowed Yes
SWP Min Balance -
SWP Min Withdrawal 50

Fees

MER 2.58%
Management Fee 1.85%
Load Back Fee Only
FE Max -
DSC Max 3.00%
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) 0.70%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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