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Mackenzie Ivy Canadian Balanced Fund Series A

Canadian Equity Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2016

Click for more information on Fundata’s FundGrade

NAVPS
(08-08-2025)
$32.76
Change
$0.02 (0.06%)

As at June 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jan 2024Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jan 2000Jan 2005Jan 2010Jan 2015Jan 2020Jan 2025J…$10,000$9,000$11,000$12,000$13,000$14,000Period

Legend

Mackenzie Ivy Canadian Balanced Fund Series A

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Fund Returns

Inception Return (October 13, 1992): 6.40%

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 0.71% 2.77% 4.39% 4.39% 14.22% 11.13% 10.66% 7.07% 9.05% 6.27% 6.07% 5.46% 5.74% 5.78%
Benchmark 2.20% 6.20% 7.93% 7.93% 20.99% 15.39% 13.08% 8.09% 11.08% 9.26% 8.63% 8.55% 8.51% 7.76%
Category Average 1.55% 4.26% 4.66% 4.66% 13.32% 11.07% 10.26% 5.96% 8.87% 6.90% 6.38% 6.13% 6.38% 5.75%
Category Rank 343 / 390 315 / 371 240 / 371 240 / 371 206 / 370 224 / 365 193 / 362 130 / 355 201 / 328 270 / 327 222 / 306 244 / 284 230 / 269 174 / 252
Quartile Ranking 4 4 3 3 3 3 3 2 3 4 3 4 4 3

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 5.32% -0.11% 2.35% 0.00% 3.34% -1.67% 3.75% 0.46% -2.54% -1.35% 3.45% 0.71%
Benchmark 4.94% 1.05% 2.82% 0.37% 5.15% -2.58% 2.89% -0.02% -1.20% -0.27% 4.19% 2.20%

Best Monthly Return Since Inception

7.10% (April 2020)

Worst Monthly Return Since Inception

-12.02% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-10%-5%0%5%10%15%20%25%
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/ 259 253/ 270 166/ 299 230/ 319 306/ 327 209/ 353 109/ 361 131/ 365 197/ 367

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 53.47
US Equity 17.04
Canadian Corporate Bonds 10.34
Canadian Government Bonds 8.28
International Equity 4.80
Other 6.07

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 21.80
Financial Services 19.44
Consumer Services 12.62
Technology 10.97
Industrial Services 6.44
Other 28.73

Geographic Allocation

Geographic Allocation
Name Percent
North America 93.92
Europe 4.89
Asia 0.78
Latin America 0.06
Multi-National 0.03
Other 0.32

Top Holdings

Top Holdings
Name Percent
Brookfield Corp Cl A 4.30
Intact Financial Corp 4.10
Toronto-Dominion Bank 3.48
Alimentation Couche-Tard Inc 3.35
CCL Industries Inc Cl B 3.14
Microsoft Corp 3.01
Emera Inc 2.90
Visa Inc Cl A 2.85
Restaurant Brands International Inc 2.83
CGI Inc Cl A 2.42

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return78910111213144%6%8%10%12%14%16%18%20%

Mackenzie Ivy Canadian Balanced Fund Series A

Median

Other - Canadian Equity Balanced

3 Yr Annualized

Standard Deviation 8.75% 8.99% 9.23%
Beta 0.78% 0.78% 0.82%
Alpha 0.01% 0.00% -0.01%
Rsquared 0.85% 0.83% 0.83%
Sharpe 0.75% 0.73% 0.47%
Sortino 1.58% 1.18% 0.47%
Treynor 0.08% 0.08% 0.05%
Tax Efficiency 95.22% 94.97% 83.42%
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 8.56% 8.75% 8.99% 9.23%
Beta 0.93% 0.78% 0.78% 0.82%
Alpha -0.04% 0.01% 0.00% -0.01%
Rsquared 0.86% 0.85% 0.83% 0.83%
Sharpe 1.21% 0.75% 0.73% 0.47%
Sortino 2.84% 1.58% 1.18% 0.47%
Treynor 0.11% 0.08% 0.08% 0.05%
Tax Efficiency 94.61% 95.22% 94.97% 83.42%

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) $690

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) -

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