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IG Mackenzie Global Bond Fund Series C

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Global Fixed Income

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(05-15-2024) 		$4.41
Change
$0.03 (0.65%)

As at April 30, 2024

As at February 29, 2024

Period
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Legend

IG Mackenzie Global Bond Fund Series C

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Fund Returns

Inception Return (September 09, 1992): 2.45%

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 -2.09% -2.20% 3.59% -2.57% -1.36% -0.79% -3.50% -2.93% -1.29% -0.82% -1.41% -0.93% -0.21% 0.27%
Benchmark -1.24% -0.84% 3.25% -0.82% -1.71% 0.82% -2.84% -4.40% -1.60% -0.34% -0.68% 0.25% 1.14% 1.72%
Category Average -1.81% 4.66% 4.66% -1.95% 0.23% -0.11% -2.45% -1.17% -0.25% 0.22% 0.13% 0.59% 0.74% 1.00%
Category Rank 428 / 544 444 / 539 456 / 536 435 / 537 414 / 488 310 / 420 274 / 349 202 / 281 174 / 244 147 / 201 130 / 168 117 / 134 99 / 122 83 / 104
Quartile Ranking 4 4 4 4 4 3 4 3 3 3 4 4 4 4

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -1.29% 0.28% 0.01% -1.02% -2.29% -0.54% 3.26% 2.97% -0.38% -0.55% 0.44% -2.09%
Benchmark -1.74% -2.61% -0.13% 1.51% -3.16% 1.33% 2.61% 1.46% 0.01% 0.00% 0.40% -1.24%

Best Monthly Return Since Inception

9.10% (January 2015)

Worst Monthly Return Since Inception

-6.98% (January 2009)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 7.33% 12.45% -4.34% 0.07% -2.29% 3.72% 6.65% -3.52% -11.28% 4.11%
Benchmark 10.42% 16.63% -1.36% -0.08% 7.82% 1.45% 7.03% -6.05% -10.83% 2.72%
Category Average 4.74% 2.92% 2.08% 2.75% -0.04% 5.49% 5.94% -1.81% -10.70% 5.33%
Quartile Ranking 3 2 4 3 4 3 3 3 3 4
Category Rank 54/ 98 41/ 120 131/ 132 119/ 163 185/ 191 134/ 234 148/ 268 231/ 326 219/ 393 375/ 473

Best Calendar Return (Last 10 years)

12.45% (2015)

Worst Calendar Return (Last 10 years)

-11.28% (2022)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 26.18
Foreign Government Bonds 26.10
Canadian Corporate Bonds 24.51
Foreign Corporate Bonds 15.82
Canadian Government Bonds 6.45
Other 0.94

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 72.81
Cash and Cash Equivalent 26.18
Financial Services 0.77
Energy 0.19
Telecommunications 0.10
Other -0.05

Geographic Allocation

Geographic Allocation
Name Percent
North America 78.15
Latin America 11.26
Asia 6.61
Europe 2.39
Africa and Middle East 1.96
Other -0.37

Top Holdings

Top Holdings
Name Percent
CAD Term Deposit #130388 11.84
United States Treasury - Disc #130361 6.85
New Zealand Government 3.50% 14-Apr-2033 3.35
Canada Government 3.50% 01-Mar-2028 2.83
United States Treasury 3.50% 15-Feb-2033 2.67
United States Dollars 2.65
Brazil Government 10.00% 01-Jan-2029 2.40
Mexico Government 8.50% 31-May-2029 2.29
United States Treasury 0.13% 15-Feb-2052 2.26
United States Treasury - Disc #130373 1.86

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

IG Mackenzie Global Bond Fund Series C

Median

Other - Global Fixed Income

3 Yr Annualized

Standard Deviation 5.75% 4.93% 6.06%
Beta 0.55% 0.42% 0.61%
Alpha -0.02% -0.01% -0.01%
Rsquared 0.45% 0.35% 0.59%
Sharpe -1.07% -0.64% -0.16%
Sortino -1.30% -1.02% -0.59%
Treynor -0.11% -0.08% -0.02%
Tax Efficiency - - -
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 5.97% 5.75% 4.93% 6.06%
Beta 0.64% 0.55% 0.42% 0.61%
Alpha 0.00% -0.02% -0.01% -0.01%
Rsquared 0.43% 0.45% 0.35% 0.59%
Sharpe -1.01% -1.07% -0.64% -0.16%
Sortino -1.00% -1.30% -1.02% -0.59%
Treynor -0.09% -0.11% -0.08% -0.02%
Tax Efficiency - - - -

Fund Details

Start Date September 09, 1992
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $37

Fund Codes

FundServ Code Load Code Sales Status
IGI025
IGI100
IGI300
IGI392

Investment Objectives

The Fund aims to provide interest income and potential capital growth by investing primarily in bonds and debentures of non-Canadian issuers.

Investment Strategy

The Fund buys primarily fixed income investments issued by: foreign governments and their agencies; supranational organizations such as the World Bank; and foreign corporations. When selecting investments, the Fund will consider: the currency outlook for the country; their value relative to similar securities; development of the capital markets in the country; whether the securities represent good value; and the higher return necessary for those investments with less liquidity.

Portfolio Manager(s)

Name Start Date
I.G. Investment Management, Ltd. 01-06-2020
Konstantin Boehmer 02-02-2021
Steve Locke 02-02-2021
Felix Wong 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 2.15%
Management Fee 1.80%
Load Choice of Front or Back
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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