Join Fund Library now and get free access to personalized features to help you manage your investments.
High Yield Fixed Income
Click for more information on Fundata’s FundGrade.
NAVPS (07-26-2024) |
$3.97 |
---|---|
Change |
$0.01
(0.22%)
|
As at June 30, 2024
As at April 30, 2024
Inception Return (November 03, 2000): 4.59%
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 | 0.65% | 1.00% | 3.24% | 3.24% | 8.38% | 6.21% | 0.57% | 2.97% | 2.55% | 2.82% | 2.54% | 3.12% | 2.53% | 2.22% |
Benchmark | 1.79% | 2.35% | 6.59% | 6.59% | 14.42% | 13.47% | 3.38% | 3.80% | 3.77% | 4.27% | 4.15% | 5.14% | 5.27% | 5.98% |
Category Average | 0.68% | 2.56% | 2.56% | 2.56% | 7.97% | 6.42% | 0.23% | 2.95% | 2.20% | 2.59% | 2.42% | 3.11% | 2.73% | 2.49% |
Category Rank | 206 / 301 | 195 / 301 | 121 / 301 | 121 / 301 | 172 / 295 | 224 / 292 | 164 / 286 | 183 / 276 | 152 / 270 | 148 / 250 | 137 / 238 | 151 / 221 | 147 / 193 | 144 / 181 |
Quartile Ranking | 3 | 3 | 2 | 2 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 |
Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.64% | 0.10% | -0.65% | -0.65% | 3.09% | 2.41% | 0.97% | 0.19% | 1.04% | -0.57% | 0.92% | 0.65% |
Benchmark | 1.08% | 2.51% | -1.32% | 1.59% | 2.42% | 0.89% | 1.39% | 1.87% | 0.83% | 0.55% | 0.00% | 1.79% |
5.49% (April 2009)
-9.54% (October 2008)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | 1.25% | -4.39% | 11.09% | 3.81% | -3.13% | 9.16% | 5.80% | 3.82% | -9.76% | 8.29% |
Benchmark | 8.91% | 14.93% | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% |
Category Average | 2.69% | -2.71% | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% |
Quartile Ranking | 4 | 3 | 3 | 4 | 3 | 3 | 2 | 3 | 3 | 3 |
Category Rank | 153/ 173 | 128/ 185 | 129/ 201 | 172/ 229 | 153/ 240 | 168/ 265 | 114/ 275 | 144/ 277 | 144/ 286 | 198/ 295 |
11.09% (2016)
-9.76% (2022)
Name | Percent |
---|---|
Foreign Corporate Bonds | 52.12 |
Canadian Corporate Bonds | 27.94 |
Cash and Equivalents | 12.28 |
Canadian Equity | 3.04 |
Foreign Bonds - Other | 1.96 |
Other | 2.66 |
Name | Percent |
---|---|
Fixed Income | 83.60 |
Cash and Cash Equivalent | 12.28 |
Industrial Goods | 0.92 |
Utilities | 0.90 |
Consumer Goods | 0.67 |
Other | 1.63 |
Name | Percent |
---|---|
North America | 97.42 |
Latin America | 1.54 |
Europe | 0.98 |
Asia | 0.05 |
Other | 0.01 |
Name | Percent |
---|---|
Cash and Cash Equivalents | 5.03 |
Videotron Ltd 5.63% 15-Mar-2025 | 1.78 |
Parkland Corp 4.38% 26-Mar-2029 | 1.77 |
Videotron Ltd 3.63% 26-Jul-2024 | 1.64 |
Superior Plus LP 4.25% 18-May-2028 | 1.62 |
Parkland Corp 4.50% 01-Oct-2029 | 1.48 |
Keyera Corp 6.88% 13-Jun-2079 | 1.43 |
Northleaf Private Credit II LP MI 15 | 1.38 |
Inter Pipeline Ltd 6.88% 26-Mar-2079 | 1.33 |
TransCanada Trust 4.65% 18-May-2027 | 1.32 |
Mackenzie Corporate Bond Fund Series A
Median
Other - High Yield Fixed Income
Standard Deviation | 5.17% | 6.10% | 5.37% |
---|---|---|---|
Beta | 0.58% | 0.70% | 0.40% |
Alpha | -0.01% | 0.00% | 0.00% |
Rsquared | 0.58% | 0.65% | 0.27% |
Sharpe | -0.45% | 0.10% | 0.16% |
Sortino | -0.58% | -0.06% | -0.16% |
Treynor | -0.04% | 0.01% | 0.02% |
Tax Efficiency | - | 31.08% | 18.71% |
Volatility |
|
|
|
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 4.01% | 5.17% | 6.10% | 5.37% |
Beta | 0.36% | 0.58% | 0.70% | 0.40% |
Alpha | 0.03% | -0.01% | 0.00% | 0.00% |
Rsquared | 0.11% | 0.58% | 0.65% | 0.27% |
Sharpe | 0.82% | -0.45% | 0.10% | 0.16% |
Sortino | 3.38% | -0.58% | -0.06% | -0.16% |
Treynor | 0.09% | -0.04% | 0.01% | 0.02% |
Tax Efficiency | 77.22% | - | 31.08% | 18.71% |
Start Date | November 03, 2000 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Commission Based Advice |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Monthly |
Assets ($mil) | $338 |
FundServ Code | Load Code | Sales Status |
---|---|---|
MFC1067 | ||
MFC1643 | ||
MFC3171 | ||
MFC7060 | ||
MFC756 | ||
MFC856 |
The Fund seeks above-average income with the potential for long-term growth of accumulated capital. The Fund invests primarily in higher yielding Canadian corporate securities (both equity and fixed-income securities).
The Fund’s investments are generally expected to have a weighted average credit quality of “BB-” or higher, as rated by a recognized credit rating organization. The portfolio manager may vary the weighted average credit quality. The investment approach follows a fundamental analysis to select investments for the Fund, by reviewing the values of the Fund’s investments on an ongoing basis, paying particular attention to credit quality.
Name | Start Date |
---|---|
Movin Mokbel | 02-20-2020 |
Konstantin Boehmer | 02-20-2020 |
Steve Locke | 02-20-2020 |
Dan Cooper | 02-20-2020 |
Fund Manager | Mackenzie Financial Corporation |
---|---|
Advisor | Mackenzie Financial Corporation |
Custodian | Canadian Imperial Bank of Commerce |
Registrar | Mackenzie Financial Corporation |
Distributor | - |
Auditor | Deloitte & Touche LLP |
RSP Eligible | Yes |
---|---|
PAC Allowed | Yes |
PAC Initial Investment | 50 |
PAC Subsequent | 50 |
SWP Allowed | Yes |
SWP Min Balance | 5,000 |
SWP Min Withdrawal | 0 |
MER | 1.69% |
---|---|
Management Fee | 1.35% |
Load | Choice of Front or No Load |
FE Max | 5.00% |
DSC Max | 5.50% |
Trailer Fee Max (FE) | 0.50% |
Trailer Fee Max (DSC) | 0.50% |
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.