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IG Mackenzie Ivy European Fund Series C

European Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

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)
$13.75
Change
-$0.07 (-0.48%)

As at March 31, 2024

As at January 31, 2024

As at February 29, 2024

Period
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Legend

IG Mackenzie Ivy European Fund Series C

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Fund Returns

Inception Return (September 17, 1999): 2.64%

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 1.24% 2.83% 12.90% 2.83% 8.74% 5.31% 1.12% 8.87% 3.48% 3.31% 3.05% 2.72% 2.64% 2.74%
Benchmark 3.63% 7.29% 17.28% 7.29% 14.30% 11.36% 8.05% 13.27% 8.07% 6.59% 7.35% 7.94% 6.40% 6.69%
Category Average 2.61% 15.55% 15.55% 5.64% 12.75% 8.91% 4.30% 10.68% 5.21% 3.89% 4.68% 4.89% 4.14% 4.29%
Category Rank 104 / 112 111 / 112 95 / 112 111 / 112 107 / 112 96 / 112 99 / 111 95 / 109 101 / 109 82 / 102 94 / 95 82 / 82 74 / 78 67 / 70
Quartile Ranking 4 4 4 4 4 4 4 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 5.27% -4.11% -1.34% 0.94% -0.36% -3.86% -1.36% 8.11% 2.96% 0.51% 1.05% 1.24%
Benchmark 4.33% -5.65% 2.01% 2.73% -1.44% -4.13% -1.41% 7.87% 2.78% 0.64% 2.87% 3.63%

Best Monthly Return Since Inception

15.98% (December 1999)

Worst Monthly Return Since Inception

-10.22% (September 2001)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund -3.56% 15.98% -3.18% 3.72% -1.62% 2.58% 12.17% 10.54% -18.66% 15.76%
Benchmark 3.06% 17.20% -3.54% 18.15% -7.68% 19.54% 3.59% 15.26% -10.82% 17.51%
Category Average -0.81% 17.33% -5.77% 14.98% -9.04% 15.21% 3.84% 11.84% -15.77% 16.91%
Quartile Ranking 4 4 2 4 1 4 2 4 4 3
Category Rank 57/ 68 65/ 78 26/ 82 92/ 93 22/ 101 104/ 106 33/ 109 91/ 111 90/ 112 76/ 112

Best Calendar Return (Last 10 years)

15.98% (2015)

Worst Calendar Return (Last 10 years)

-18.66% (2022)

Asset Allocation

Asset Allocation
Name Percent
International Equity 94.82
Cash and Equivalents 5.18

Sector Allocation

Sector Allocation
Name Percent
Consumer Goods 24.31
Healthcare 14.03
Technology 13.02
Financial Services 10.19
Industrial Services 9.33
Other 29.12

Geographic Allocation

Geographic Allocation
Name Percent
Europe 100.23
North America -0.48
Other 0.25

Top Holdings

Top Holdings
Name Percent
Halma PLC 5.68
Nestle SA Cl N 5.46
Reckitt Benckiser Group PLC 5.45
Admiral Group PLC 5.14
Heineken NV 5.04
Compass Group PLC 5.02
Auto Trader Group PLC 4.59
Merck KGaA 4.01
Roche Holding AG - Partcptn 3.87
Scout24 SE 3.84

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

IG Mackenzie Ivy European Fund Series C

Median

Other - European Equity

3 Yr Annualized

Standard Deviation 13.76% 13.48% 11.33%
Beta 0.87% 0.80% 0.72%
Alpha -0.06% -0.03% -0.02%
Rsquared 0.86% 0.83% 0.77%
Sharpe -0.04% 0.18% 0.17%
Sortino -0.10% 0.14% 0.04%
Treynor -0.01% 0.03% 0.03%
Tax Efficiency - 66.12% 64.89%
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10

Risk Rating

Rating 7 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 12.12% 13.76% 13.48% 11.33%
Beta 0.84% 0.87% 0.80% 0.72%
Alpha -0.03% -0.06% -0.03% -0.02%
Rsquared 0.84% 0.86% 0.83% 0.77%
Sharpe 0.36% -0.04% 0.18% 0.17%
Sortino 0.94% -0.10% 0.14% 0.04%
Treynor 0.05% -0.01% 0.03% 0.03%
Tax Efficiency 100.00% - 66.12% 64.89%

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 September 17, 1999
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Partially Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $256

Fund Codes

FundServ Code Load Code Sales Status
IGI056
IGI131

Investment Objectives

The Fund aims to provide long-term capital growth by investing primarily in European equity markets.

Investment Strategy

To achieve the Fund’s investment objective: the management team follows a blended value and growth investment style. While the team’s focus is on companies that appear likely to have superior and relatively consistent longer-term growth prospects, strong consideration is placed on assessing the investment’s true worth relative to its stock price.

Portfolio Manager(s)

Name Start Date
I.G. Investment Management, Ltd. 05-13-2004
Jason Miller 01-01-2022
Matt Moody 08-30-2022

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 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 250
SWP Min Withdrawal 100

Fees

MER 2.92%
Management Fee 1.95%
Load Choice of Back or No Load
FE Max -
DSC Max 1.50%
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) 0.70%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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