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Mackenzie Ivy Global Balanced Fund Series A

Global Equity Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

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

Fundata ESG Grade B

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2016, 2014, 2013

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NAVPS
(06-14-2024)
$11.63
Change
-$0.01 (-0.09%)

As at May 31, 2024

As at February 29, 2024

As at February 29, 2024

Period
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Legend

Mackenzie Ivy Global Balanced Fund Series A

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Fund Returns

Inception Return (December 06, 1993): 4.88%

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 1.79% 0.54% 6.69% 5.05% 8.85% 7.97% 2.88% 5.41% 5.10% 5.13% 3.82% 4.68% 4.50% 5.35%
Benchmark 2.36% 2.96% 10.90% 8.45% 17.43% 12.10% 6.23% 8.49% 8.33% 7.62% 7.28% 8.43% 7.79% 8.78%
Category Average 2.47% 9.92% 9.92% 7.07% 14.47% 8.28% 3.98% 7.61% 6.51% 5.57% 5.21% 5.96% 5.10% 5.59%
Category Rank 1,250 / 1,369 1,302 / 1,366 1,309 / 1,361 1,223 / 1,365 1,277 / 1,302 760 / 1,270 881 / 1,128 956 / 1,068 888 / 1,045 630 / 909 762 / 862 671 / 777 491 / 637 396 / 553
Quartile Ranking 4 4 4 4 4 3 4 4 4 3 4 4 4 3

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 1.06% 0.22% 0.29% -4.28% -0.13% 5.08% 1.56% 2.02% 2.42% 1.33% -2.52% 1.79%
Benchmark 1.58% 2.43% 0.23% -3.90% -0.20% 5.87% 2.26% 1.06% 4.23% 2.30% -1.69% 2.36%

Best Monthly Return Since Inception

7.26% (January 2015)

Worst Monthly Return Since Inception

-8.49% (February 2001)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 8.02% 10.88% 4.03% 5.39% -0.05% 10.13% 9.93% 6.47% -10.23% 9.45%
Benchmark 13.13% 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07%
Category Average 7.89% 4.87% 4.92% 9.31% -5.49% 15.12% 8.09% 12.42% -11.85% 11.42%
Quartile Ranking 3 1 3 4 1 4 2 4 2 4
Category Rank 343/ 538 127/ 611 462/ 712 779/ 807 77/ 887 928/ 971 374/ 1,065 1,080/ 1,113 454/ 1,231 993/ 1,282

Best Calendar Return (Last 10 years)

10.88% (2015)

Worst Calendar Return (Last 10 years)

-10.23% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 42.93
International Equity 29.08
Foreign Government Bonds 8.60
Canadian Corporate Bonds 4.91
Foreign Corporate Bonds 4.73
Other 9.75

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 20.63
Healthcare 15.13
Technology 14.43
Consumer Goods 12.31
Financial Services 12.14
Other 25.36

Geographic Allocation

Geographic Allocation
Name Percent
North America 64.81
Europe 22.88
Asia 8.54
Latin America 2.74
Africa and Middle East 0.42
Other 0.61

Top Holdings

Top Holdings
Name Percent
Cash and Cash Equivalents 4.06
Danaher Corp 3.21
Colgate-Palmolive Co 3.13
Berkshire Hathaway Inc Cl B 2.80
Brookfield Corp Cl A 2.58
W W Grainger Inc 2.54
Alphabet Inc Cl A 2.49
Seven & i Holdings Co Ltd 2.48
Johnson & Johnson 2.46
Compass Group PLC 2.25

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)

Mackenzie Ivy Global Balanced Fund Series A

Median

Other - Global Equity Balanced

3 Yr Annualized

Standard Deviation 9.78% 9.37% 8.67%
Beta 0.86% 0.87% 0.86%
Alpha -0.02% -0.02% -0.02%
Rsquared 0.89% 0.89% 0.85%
Sharpe 0.04% 0.36% 0.48%
Sortino 0.04% 0.38% 0.45%
Treynor 0.00% 0.04% 0.05%
Tax Efficiency 79.45% 83.59% 86.04%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 3 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 8.26% 9.78% 9.37% 8.67%
Beta 0.88% 0.86% 0.87% 0.86%
Alpha -0.06% -0.02% -0.02% -0.02%
Rsquared 0.90% 0.89% 0.89% 0.85%
Sharpe 0.48% 0.04% 0.36% 0.48%
Sortino 1.09% 0.04% 0.38% 0.45%
Treynor 0.05% 0.00% 0.04% 0.05%
Tax Efficiency 98.75% 79.45% 83.59% 86.04%

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 December 06, 1993
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $1,178

Fund Codes

FundServ Code Load Code Sales Status
MFC086
MFC129
MFC130
MFC144
MFC146
MFC148
MFC157
MFC1624
MFC3182
MFC529
MFC530
MFC544
MFC546
MFC548
MFC557
MFC616
MFC7000

Investment Objectives

The Fund seeks capital growth and current income by investing primarily in a combination of equity and fixed-income securities of issuers located anywhere in the world.

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 Manager(s)

Name Start Date
Paul Musson 05-15-2001
Matt Moody 01-02-2009
Robert McKee 07-25-2012
Steve Locke 05-01-2013
Konstantin Boehmer 07-01-2013
Hussein Sunderji 03-31-2014
Adam Gofton 01-01-2020
Nelson Arruda 02-20-2020
Jason Miller 01-01-2022

Management and Organization

Fund Manager Mackenzie Financial Corporation
Advisor Mackenzie Financial Corporation
Custodian Canadian Imperial Bank of Commerce
Registrar Mackenzie Financial Corporation
Distributor -
Auditor Deloitte LLP

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 100

Fees

MER 2.33%
Management Fee 1.85%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max 5.50%
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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