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Mackenzie Ivy Canadian Fund Series LB

Canadian Focused Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

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.

NAVPS
(04-04-2025)
$19.49
Change
-$0.77 (-3.81%)

As at February 28, 2025

As at December 31, 2024

As at December 31, 2024

Period
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Legend

Mackenzie Ivy Canadian Fund Series LB

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Fund Returns

Inception Return (January 20, 2012): 7.83%

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 0.35% 2.90% 9.95% 4.99% 16.79% 15.86% 10.96% 12.88% 10.65% 8.77% 7.62% 6.57% 7.42% 6.28%
Benchmark -0.67% 0.74% 10.33% 2.92% 21.53% 17.09% 10.36% 11.45% 12.58% 11.16% 10.15% 9.68% 10.93% 8.55%
Category Average -0.98% 0.14% 8.18% 2.54% 16.18% 14.81% 9.43% 10.60% 11.73% 10.20% 8.91% 8.38% 9.45% 7.18%
Category Rank 130 / 576 56 / 576 207 / 576 29 / 576 329 / 570 273 / 564 218 / 555 175 / 543 423 / 531 454 / 523 416 / 482 409 / 441 393 / 410 321 / 376
Quartile Ranking 1 1 2 1 3 2 2 2 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
Fund 0.40% -1.39% 1.42% -0.18% 6.26% -0.27% 2.50% 0.30% 3.94% -1.99% 4.63% 0.35%
Benchmark 3.64% -1.88% 2.82% -0.17% 4.75% 0.75% 2.88% 0.77% 5.65% -2.12% 3.61% -0.67%

Best Monthly Return Since Inception

7.55% (November 2020)

Worst Monthly Return Since Inception

-12.83% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 0.67% 13.92% 3.50% -8.90% 13.99% -3.85% 20.90% -3.04% 12.29% 17.16%
Benchmark -0.77% 14.44% 10.80% -7.14% 21.45% 7.58% 21.76% -8.87% 13.60% 22.75%
Category Average -2.47% 11.42% 8.06% -8.78% 18.54% 7.73% 22.26% -9.42% 13.34% 19.16%
Quartile Ranking 2 3 4 3 4 4 4 1 3 3
Category Rank 162/ 376 226/ 409 365/ 432 308/ 482 461/ 517 503/ 531 415/ 539 124/ 552 337/ 563 370/ 570

Best Calendar Return (Last 10 years)

20.90% (2021)

Worst Calendar Return (Last 10 years)

-8.90% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 67.15
US Equity 25.51
International Equity 6.64
Cash and Equivalents 0.70

Sector Allocation

Sector Allocation
Name Percent
Financial Services 25.03
Consumer Services 16.89
Technology 13.40
Industrial Services 8.89
Energy 8.79
Other 27.00

Geographic Allocation

Geographic Allocation
Name Percent
North America 93.36
Europe 6.64

Top Holdings

Top Holdings
Name Percent
Brookfield Corp Cl A 5.00
Intact Financial Corp 4.97
Visa Inc Cl A 3.97
Williams Cos Inc 3.87
Restaurant Brands International Inc 3.76
Microsoft Corp 3.67
Emera Inc 3.63
Alphabet Inc Cl C 3.56
Royal Bank of Canada 3.48
Toronto-Dominion Bank 3.28

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Mackenzie Ivy Canadian Fund Series LB

Median

Other - Canadian Focused Equity

3 Yr Annualized

Standard Deviation 10.35% 12.31% 10.46%
Beta 0.74% 0.79% 0.80%
Alpha 0.03% 0.01% -0.01%
Rsquared 0.87% 0.85% 0.83%
Sharpe 0.69% 0.69% 0.48%
Sortino 1.34% 0.98% 0.51%
Treynor 0.10% 0.11% 0.06%
Tax Efficiency 96.87% 97.79% 91.84%
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.71% 10.35% 12.31% 10.46%
Beta 0.84% 0.74% 0.79% 0.80%
Alpha -0.01% 0.03% 0.01% -0.01%
Rsquared 0.74% 0.87% 0.85% 0.83%
Sharpe 1.37% 0.69% 0.69% 0.48%
Sortino 4.54% 1.34% 0.98% 0.51%
Treynor 0.14% 0.10% 0.11% 0.06%
Tax Efficiency 96.20% 96.87% 97.79% 91.84%

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 January 20, 2012
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $759

Fund Codes

FundServ Code Load Code Sales Status
MFC4403

Investment Objectives

The Fund pursues long-term capital growth, while maintaining a commitment to protection of its capital. The Fund invests mainly in equity securities of high-quality largecapitalization Canadian companies. During periods of high market valuations, the Fund may maintain a significant portion of its assets in Canadian and U.S. short-term fixed-income securities to provide capital protection while awaiting more favourable investment conditions. Any proposed change in

Investment Strategy

The investment approach follows a blended growth and value investment style, by seeking companies having the greatest prospects for long-term growth. Strong consideration is also placed on assessing the investment’s intrinsic worth relative to its stock price. The review process includes analysis of the company’s competitive position, management strengths, expected profitability and financial position.

Portfolio Management

Portfolio Manager

Mackenzie Financial Corporation

  • Paul Musson
  • Graham Meagher
  • James Morrison
Sub-Advisor

-

Management and Organization

Fund Manager

Mackenzie Financial Corporation

Custodian

Canadian Imperial Bank of Commerce

Registrar

Mackenzie Financial Corporation

Distributor

LBC Financial Services Inc.

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 2.55%
Management Fee 2.00%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

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