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High Yield Fixed Income
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NAVPS (12-11-2024) |
$9.69 |
---|---|
Change |
$0.00
(0.04%)
|
As at November 30, 2024
As at September 30, 2024
Inception Return (June 18, 2009): 4.39%
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 | 0.98% | 1.93% | 5.53% | 7.42% | 10.33% | 7.45% | 1.15% | 1.62% | 2.39% | 3.15% | 2.26% | 2.76% | 3.29% | 2.46% |
Benchmark | 0.82% | 5.17% | 9.67% | 14.84% | 15.87% | 12.91% | 5.71% | 4.51% | 4.92% | 5.53% | 4.90% | 5.16% | 5.85% | 6.42% |
Category Average | 1.12% | 2.01% | 5.52% | 7.49% | 10.61% | 7.81% | 1.98% | 2.44% | 2.94% | 3.57% | 2.87% | 3.33% | 3.63% | 3.03% |
Category Rank | 220 / 304 | 198 / 304 | 176 / 302 | 185 / 302 | 203 / 302 | 241 / 296 | 250 / 287 | 236 / 278 | 219 / 272 | 203 / 260 | 194 / 237 | 180 / 225 | 166 / 199 | 159 / 183 |
Quartile Ranking | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 2.70% | 0.56% | -0.08% | 1.01% | -0.73% | 1.04% | 0.75% | 1.84% | 0.90% | 1.05% | -0.11% | 0.98% |
Benchmark | 0.89% | 1.39% | 1.87% | 0.83% | 0.55% | 0.00% | 1.79% | 2.95% | -0.48% | 2.00% | 2.26% | 0.82% |
4.49% (March 2016)
-9.03% (March 2020)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | 1.25% | -6.06% | 13.10% | 4.76% | -5.60% | 11.50% | 5.34% | 2.30% | -11.14% | 7.68% |
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 | 4 | 2 | 3 | 4 | 2 | 2 | 4 | 4 | 4 |
Category Rank | 155/ 171 | 170/ 183 | 82/ 199 | 118/ 227 | 229/ 238 | 97/ 263 | 131/ 273 | 219/ 278 | 230/ 287 | 233/ 296 |
13.10% (2016)
-11.14% (2022)
Name | Percent |
---|---|
Foreign Corporate Bonds | 59.25 |
Canadian Corporate Bonds | 17.29 |
Cash and Equivalents | 13.78 |
Foreign Bonds - Funds | 3.11 |
Canadian Equity | 1.58 |
Other | 4.99 |
Name | Percent |
---|---|
Fixed Income | 84.19 |
Cash and Cash Equivalent | 13.78 |
Utilities | 0.47 |
Consumer Goods | 0.45 |
Industrial Goods | 0.40 |
Other | 0.71 |
Name | Percent |
---|---|
North America | 93.99 |
Multi-National | 3.13 |
Europe | 1.36 |
Latin America | 1.22 |
Africa and Middle East | 0.28 |
Other | 0.02 |
Name | Percent |
---|---|
Cash and Cash Equivalents | 5.51 |
Mackenzie Global Sustainable High Yield Bond Fund Series R | 3.11 |
Mackenzie Global High Yield Fixed Incom ETF (MHYB) | 1.87 |
Mackenzie High Quality Floating Rate Fund Series R | 1.51 |
Videotron Ltd 3.63% 01-Jan-2025 | 1.02 |
Keyera Corp 6.88% 13-Jun-2079 | 0.97 |
Inter Pipeline Ltd 6.88% 26-Mar-2079 | 0.93 |
Northleaf Private Credit II LP MI 15 | 0.88 |
TransCanada Trust 4.65% 18-May-2027 | 0.85 |
Enbridge Inc 8.75% 15-Oct-2033 | 0.82 |
Mackenzie North American Corporate Bond Fund Series A
Median
Other - High Yield Fixed Income
Standard Deviation | 6.08% | 6.94% | 6.15% |
---|---|---|---|
Beta | 0.72% | 0.78% | 0.46% |
Alpha | -0.03% | -0.01% | 0.00% |
Rsquared | 0.63% | 0.67% | 0.28% |
Sharpe | -0.37% | 0.04% | 0.17% |
Sortino | -0.36% | -0.07% | -0.08% |
Treynor | -0.03% | 0.00% | 0.02% |
Tax Efficiency | - | 30.04% | 28.59% |
Volatility |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 3.12% | 6.08% | 6.94% | 6.15% |
Beta | 0.02% | 0.72% | 0.78% | 0.46% |
Alpha | 0.10% | -0.03% | -0.01% | 0.00% |
Rsquared | 0.00% | 0.63% | 0.67% | 0.28% |
Sharpe | 1.73% | -0.37% | 0.04% | 0.17% |
Sortino | 6.28% | -0.36% | -0.07% | -0.08% |
Treynor | 3.16% | -0.03% | 0.00% | 0.02% |
Tax Efficiency | 82.56% | - | 30.04% | 28.59% |
Start Date | June 18, 2009 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Commission Based Advice |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Monthly |
Assets ($mil) | $1,059 |
FundServ Code | Load Code | Sales Status |
---|---|---|
MFC2979 | ||
MFC3683 | ||
MFC4214 |
The Fund seeks to generate above-average income with potential for long-term capital growth by investing primarily in higher yielding fixed-income securities of corporate issuers.
The Fund will generally invest more than 40% of its assets in fixed income securities that have a credit rating below “BBB-” as rated by a recognized credit rating organization and may invest in unrated debt instruments. Where securities have a lower credit qualify, a bottom-up approach including an analysis of business, cash flows and recovery value will also be sued to value the opportunity.
Name | Start Date |
---|---|
Movin Mokbel | 02-20-2020 |
Steve Locke | 02-20-2020 |
Konstantin Boehmer | 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 | KPMG 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 | 1.86% |
---|---|
Management Fee | 1.45% |
Load | Choice of Front or No Load |
FE Max | - |
DSC Max | 5.50% |
Trailer Fee Max (FE) | - |
Trailer Fee Max (DSC) | 0.50% |
Trailer Fee Max (NL) | - |
Trailer Fee Max (LL) | - |
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