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IG Mackenzie Global Resource Fund C NL

Natural Resources Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(07-12-2024)
$17.25
Change
$0.07 (0.43%)

As at June 30, 2024

As at April 30, 2024

As at February 29, 2024

Period
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Legend

IG Mackenzie Global Resource Fund C NL

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Fund Returns

Inception Return (July 15, 1996): 3.76%

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 -3.91% 0.64% 7.39% 7.39% 11.31% 11.60% 12.95% 24.62% 16.44% 8.46% 9.35% 7.55% 6.23% 0.61%
Benchmark -4.69% 3.24% 12.22% 12.22% 14.15% 8.52% 9.77% 12.35% 8.75% 5.71% 6.30% 4.65% 4.76% 1.66%
Category Average -4.36% 6.79% 6.79% 6.79% 9.27% 10.71% 10.65% 19.50% 12.06% 6.53% 7.47% 5.98% 5.29% 1.42%
Category Rank 46 / 116 92 / 116 92 / 116 92 / 116 79 / 115 89 / 115 70 / 110 45 / 108 31 / 108 53 / 107 56 / 105 51 / 95 49 / 84 63 / 78
Quartile Ranking 2 4 4 4 3 4 3 2 2 2 3 3 3 4

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 6.72% -1.58% -1.71% -0.87% 1.55% -0.27% -3.23% 2.76% 7.30% 2.26% 2.43% -3.91%
Benchmark 5.23% 0.19% -2.98% -2.12% 2.75% -1.11% -2.35% 0.51% 10.75% 3.47% 4.69% -4.69%

Best Monthly Return Since Inception

29.83% (April 2020)

Worst Monthly Return Since Inception

-31.54% (October 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund -25.92% -24.52% 52.78% -10.25% -24.10% 9.24% 8.20% 48.63% 15.05% 4.57%
Benchmark -5.59% -23.78% 36.74% -1.69% -15.86% 20.06% -7.01% 21.57% 12.86% -0.78%
Category Average -12.08% -22.23% 40.92% -2.18% -21.77% 9.95% 5.03% 32.84% 13.19% 2.62%
Quartile Ranking 4 4 2 4 3 3 1 1 3 2
Category Rank 73/ 75 63/ 79 27/ 91 91/ 96 79/ 106 75/ 108 19/ 108 16/ 109 80/ 111 41/ 115

Best Calendar Return (Last 10 years)

52.78% (2016)

Worst Calendar Return (Last 10 years)

-25.92% (2014)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 45.10
International Equity 40.23
US Equity 10.91
Cash and Equivalents 2.31
Commodities 0.75
Other 0.70

Sector Allocation

Sector Allocation
Name Percent
Energy 45.70
Basic Materials 33.03
Mutual Fund 10.81
Industrial Goods 2.51
Cash and Cash Equivalent 2.31
Other 5.64

Geographic Allocation

Geographic Allocation
Name Percent
North America 58.56
Europe 21.48
Multi-National 10.81
Africa and Middle East 3.43
Latin America 3.13
Other 2.59

Top Holdings

Top Holdings
Name Percent
Mackenzie Global Energy Opportunities Long/Short Fund Series 10.81
Shell PLC - ADR 4.06
Tourmaline Oil Corp 3.71
Advantage Energy Ltd 3.62
TotalEnergies SE - ADR 3.50
BP PLC - ADR 2.74
Canadian Natural Resources Ltd 2.56
Whitecap Resources Inc 2.29
ARC Resources Ltd 2.23
Agnico Eagle Mines Ltd 2.11

Equity Style

Market capitalization is large. Equity style is blend.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

IG Mackenzie Global Resource Fund C NL

Median

Other - Natural Resources Equity

3 Yr Annualized

Standard Deviation 17.10% 24.54% 23.68%
Beta 0.85% 1.06% 1.10%
Alpha 0.04% 0.07% 0.00%
Rsquared 0.81% 0.85% 0.79%
Sharpe 0.63% 0.66% 0.08%
Sortino 0.92% 0.98% 0.02%
Treynor 0.13% 0.15% 0.02%
Tax Efficiency 100.00% 100.00% 97.64%
Volatility Volatility rating is 9 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 9 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 12.38% 17.10% 24.54% 23.68%
Beta 0.75% 0.85% 1.06% 1.10%
Alpha 0.01% 0.04% 0.07% 0.00%
Rsquared 0.84% 0.81% 0.85% 0.79%
Sharpe 0.53% 0.63% 0.66% 0.08%
Sortino 1.37% 0.92% 0.98% 0.02%
Treynor 0.09% 0.13% 0.15% 0.02%
Tax Efficiency 100.00% 100.00% 100.00% 97.64%

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 15, 1996
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Partially Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $234

Fund Codes

FundServ Code Load Code Sales Status
IGI115

Investment Objectives

The Fund aims to provide long-term capital growth by investing primarily in securities issued by corporations from around the world involved in natural resource industries, or who supply goods and services to these industries.

Investment Strategy

The Fund: invests primarily in the global energy and materials industries which include the following sub-sectors: energy equipment and services; oil and gas; chemicals; construction materials; metals and mining; and paper and forest products; adheres to a disciplined research approach driven by fundamental analysis, integrating both quantitative and qualitive investment perspectives.

Portfolio Manager(s)

Name Start Date
I.G. Investment Management, Ltd. 12-09-2002
Benoit Gervais 02-02-2021

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 2.80%
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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