Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports

Mackenzie Ivy Canadian Balanced Fund Series A

Canadian Equity Balanced

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

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.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2016

Click for more information on Fundata’s FundGrade

NAVPS
(04-04-2025)
$30.36
Change
-$0.88 (-2.81%)

As at February 28, 2025

As at December 31, 2024

As at December 31, 2024

Period
Loading...

Legend

Mackenzie Ivy Canadian Balanced Fund Series A

Compare Options


Fund Returns

Inception Return (October 13, 1992): 6.46%

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 0.46% 2.48% 8.39% 4.22% 14.63% 13.19% 8.37% 9.57% 8.08% 7.04% 6.31% 5.49% 6.50% 5.42%
Benchmark -0.02% 0.21% 8.75% 2.87% 18.88% 13.23% 7.72% 9.29% 9.70% 9.10% 8.69% 7.92% 8.95% 6.90%
Category Average -0.12% 0.54% 6.44% 2.58% 12.93% 10.76% 6.32% 7.59% 7.86% 7.13% 6.42% 5.93% 6.89% 5.27%
Category Rank 80 / 373 20 / 373 73 / 373 29 / 373 159 / 370 91 / 367 68 / 363 80 / 355 198 / 329 233 / 323 219 / 301 213 / 275 208 / 261 159 / 251
Quartile Ranking 1 1 1 1 2 1 1 1 3 3 3 4 4 3

Monthly Return

Monthly Return
Return % Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
Fund 0.45% -1.53% 1.57% 0.07% 5.32% -0.11% 2.35% 0.00% 3.34% -1.67% 3.75% 0.46%
Benchmark 3.22% -1.85% 2.08% -0.32% 4.94% 1.05% 2.82% 0.37% 5.15% -2.58% 2.89% -0.02%

Best Monthly Return Since Inception

7.10% (April 2020)

Worst Monthly Return Since Inception

-12.02% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -0.08% 14.77% 2.94% -6.64% 14.06% -1.73% 14.97% -5.39% 10.58% 13.93%
Benchmark -5.39% 15.95% 7.50% -6.34% 18.83% 6.85% 17.62% -7.12% 10.48% 17.11%
Category Average -2.09% 10.63% 6.12% -6.63% 14.36% 4.77% 15.38% -7.74% 9.70% 12.92%
Quartile Ranking 3 1 4 3 3 4 3 2 2 3
Category Rank 131/ 251 58/ 260 255/ 272 166/ 301 232/ 321 308/ 329 210/ 355 109/ 363 131/ 367 198/ 369

Best Calendar Return (Last 10 years)

14.97% (2021)

Worst Calendar Return (Last 10 years)

-6.64% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 52.24
US Equity 18.36
Canadian Corporate Bonds 10.41
Canadian Government Bonds 7.71
International Equity 4.69
Other 6.59

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 21.60
Financial Services 19.59
Consumer Services 12.95
Technology 10.31
Industrial Services 6.69
Other 28.86

Geographic Allocation

Geographic Allocation
Name Percent
North America 93.81
Europe 4.77
Asia 0.75
Multi-National 0.52
Latin America 0.05
Other 0.10

Top Holdings

Top Holdings
Name Percent
Brookfield Corp Cl A 3.96
Intact Financial Corp 3.88
Restaurant Brands International Inc 2.91
Royal Bank of Canada 2.87
Emera Inc 2.83
Visa Inc Cl A 2.83
Alimentation Couche-Tard Inc 2.72
Williams Cos Inc 2.70
Microsoft Corp 2.69
Alphabet Inc Cl C 2.66

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

Mackenzie Ivy Canadian Balanced Fund Series A

Median

Other - Canadian Equity Balanced

3 Yr Annualized

Standard Deviation 9.10% 10.87% 9.17%
Beta 0.74% 0.80% 0.82%
Alpha 0.02% 0.00% 0.00%
Rsquared 0.88% 0.88% 0.83%
Sharpe 0.51% 0.55% 0.44%
Sortino 1.00% 0.73% 0.42%
Treynor 0.06% 0.08% 0.05%
Tax Efficiency 94.12% 94.49% 82.37%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.44% 9.10% 10.87% 9.17%
Beta 0.77% 0.74% 0.80% 0.82%
Alpha 0.00% 0.02% 0.00% 0.00%
Rsquared 0.79% 0.88% 0.88% 0.83%
Sharpe 1.33% 0.51% 0.55% 0.44%
Sortino 4.12% 1.00% 0.73% 0.42%
Treynor 0.13% 0.06% 0.08% 0.05%
Tax Efficiency 94.74% 94.12% 94.49% 82.37%

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 13, 1992
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $689

Fund Codes

FundServ Code Load Code Sales Status
MFC082
MFC1625
MFC3160
MFC612

Investment Objectives

The Fund seeks capital growth and current income by investing primarily in a combination of Canadian equity and fixed-income securities.

Investment Strategy

The Fund’s asset mix will generally be kept within the following ranges: 60-90% equity securities; 10-40% fixed-income securities, including cash and cash equivalents. The asset allocation portfolio manager will adjust the percentage of the Fund invested in each asset class based on changes in the market outlook for each asset class. The equity portfolio manager employs a blended growth and value investment style.

Portfolio Management

Portfolio Manager

Mackenzie Financial Corporation

  • Paul Musson
  • Felix Wong
  • Dan Cooper
  • Movin Mokbel
  • Steve Locke
  • Konstantin Boehmer
  • James Morrison
  • Nelson Arruda
  • Marlena Zabielska
Sub-Advisor

-

Management and Organization

Fund Manager

Mackenzie Financial Corporation

Custodian

Canadian Imperial Bank of Commerce

Registrar

Mackenzie Financial Corporation

Distributor

-

Investment Minimums

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

Fees

MER 2.17%
Management Fee 1.75%
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) -

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports