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IG Mackenzie U.S. Opportunities Fund II B

U.S. Small/Mid Cap Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

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

Fundata ESG Grade E

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NAVPS
(05-22-2024)
$30.96
Change
$0.07 (0.24%)

As at April 30, 2024

As at January 31, 2024

As at February 29, 2024

Period
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Legend

IG Mackenzie U.S. Opportunities Fund II B

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Fund Returns

Inception Return (October 24, 2002): 5.40%

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 -4.38% 1.78% 14.35% 2.19% 7.49% -0.36% -2.10% 7.09% 2.91% 4.05% 3.37% 5.48% 4.95% 6.78%
Benchmark -5.36% 6.30% 19.68% 5.48% 16.56% 9.97% 4.33% 13.56% 7.75% 8.72% 7.93% 10.49% 9.03% 10.27%
Category Average -5.21% 18.06% 18.06% 2.34% 11.91% 4.64% 0.64% 10.09% 4.26% 4.45% 4.57% 6.42% 5.49% 6.40%
Category Rank 94 / 278 197 / 277 219 / 277 171 / 277 208 / 273 234 / 260 187 / 253 176 / 215 147 / 197 155 / 182 150 / 168 127 / 159 109 / 141 98 / 128
Quartile Ranking 2 3 4 3 4 4 3 4 3 4 4 4 4 4

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -1.96% 4.42% 2.04% -1.61% -3.82% -4.92% 5.90% 5.67% 0.41% 4.38% 1.97% -4.38%
Benchmark -2.53% 6.21% 3.66% -0.56% -5.43% -3.48% 6.78% 6.26% -0.78% 7.29% 4.69% -5.36%

Best Monthly Return Since Inception

12.10% (April 2009)

Worst Monthly Return Since Inception

-18.93% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 26.67% 13.30% 12.68% 2.87% -7.80% 20.04% 8.42% 17.80% -18.23% 6.05%
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 1 2 2 4 3 2 3 4 3 4
Category Rank 9/ 125 56/ 139 72/ 158 155/ 162 128/ 182 93/ 193 133/ 209 211/ 253 171/ 255 257/ 273

Best Calendar Return (Last 10 years)

26.67% (2014)

Worst Calendar Return (Last 10 years)

-18.23% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 97.64
Cash and Equivalents 2.36

Sector Allocation

Sector Allocation
Name Percent
Technology 36.50
Healthcare 22.97
Industrial Services 11.07
Industrial Goods 9.30
Consumer Services 8.05
Other 12.11

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
IG Mackenzie U.S. Opportunities Fund A 100.00
United States Dollars 0.00

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

IG Mackenzie U.S. Opportunities Fund II B

Median

Other - U.S. Small/Mid Cap Equity

3 Yr Annualized

Standard Deviation 13.40% 16.69% 14.49%
Beta 0.72% 0.84% 0.83%
Alpha -0.05% -0.03% -0.02%
Rsquared 0.82% 0.87% 0.87%
Sharpe -0.30% 0.14% 0.43%
Sortino -0.43% 0.10% 0.46%
Treynor -0.06% 0.03% 0.07%
Tax Efficiency - 95.32% 96.19%
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10

Risk Rating

Rating Not Available

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 13.73% 13.40% 16.69% 14.49%
Beta 0.78% 0.72% 0.84% 0.83%
Alpha -0.05% -0.05% -0.03% -0.02%
Rsquared 0.93% 0.82% 0.87% 0.87%
Sharpe 0.24% -0.30% 0.14% 0.43%
Sortino 0.60% -0.43% 0.10% 0.46%
Treynor 0.04% -0.06% 0.03% 0.07%
Tax Efficiency 100.00% - 95.32% 96.19%

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 24, 2002
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $120

Fund Codes

FundServ Code Load Code Sales Status
IGI2002

Investment Objectives

The Fund aims to provide long-term capital growth by investing primarily in mid-sized U.S. corporations. The Fund aims to achieve this objective by investing primarily in other IG Wealth Management mutual fund(s) and/or directly in securities. In order to change its fundamental investment objective, the Fund needs approval from a majority of its investors who vote at a meeting held for this purpose, unless it is required by law to make the change.

Investment Strategy

-

Portfolio Manager(s)

Name Start Date
Mackenzie Financial Corporation 05-15-2023

Management and Organization

Fund Manager I.G. Investment Management, Ltd.
Advisor Mackenzie Financial Corporation
Custodian -
Registrar -
Distributor -
Auditor KPMG LLP

Investment Minimums

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

Fees

MER 2.64%
Management Fee 1.85%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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