Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

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
Sign up Now More Info

Mackenzie Ivy Canadian Fund Series LB

  • Premium Feature Only
Add to My Watchlist

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 GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(08-08-2025) 		$21.61
Change
$0.01 (0.05%)

As at June 30, 2025

As at April 30, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Jan 2023Jan 2024Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jan 2013Jan 2015Jan 2017Jan 2019Jan 2021Jan 2023Jan 2025Jan 2…$10,000$15,000$11,000$12,000$13,000$14,000Period

Legend

Mackenzie Ivy Canadian Fund Series LB

Compare Options

Fund Returns

Inception Return (January 20, 2012): 7.67%

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 0.83% 3.73% 5.44% 5.44% 17.02% 13.25% 13.01% 9.59% 11.94% 8.18% 7.40% 6.59% 6.76% 6.69%
Benchmark 3.11% 7.42% 7.77% 7.77% 21.93% 18.45% 16.53% 9.94% 13.83% 11.39% 10.20% 10.24% 10.57% 9.37%
Category Average 2.56% 6.54% 5.90% 5.90% 16.70% 15.06% 14.40% 8.63% 12.89% 10.22% 8.93% 8.72% 9.05% 7.77%
Category Rank 562 / 600 488 / 578 337 / 578 337 / 578 342 / 577 408 / 571 404 / 560 267 / 553 408 / 542 488 / 531 442 / 497 446 / 472 406 / 416 340 / 392
Quartile Ranking 4 4 3 3 3 3 3 2 4 4 4 4 4 4

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%8%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 6.26% -0.27% 2.50% 0.30% 3.94% -1.99% 4.63% 0.35% -3.19% -1.67% 4.62% 0.83%
Benchmark 4.75% 0.75% 2.88% 0.77% 5.65% -2.12% 3.61% -0.67% -2.52% -1.16% 5.40% 3.11%

Best Monthly Return Since Inception

7.55% (November 2020)

Worst Monthly Return Since Inception

-12.83% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
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/ 379 229/ 412 368/ 435 308/ 485 464/ 520 505/ 534 417/ 542 127/ 554 336/ 565 369/ 572

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 68.54
US Equity 23.71
International Equity 6.86
Cash and Equivalents 0.89

Sector Allocation

Sector Allocation
Name Percent
Financial Services 24.97
Consumer Services 16.39
Technology 14.25
Industrial Services 8.61
Healthcare 7.43
Other 28.35

Geographic Allocation

Geographic Allocation
Name Percent
North America 93.14
Europe 6.86

Top Holdings

Top Holdings
Name Percent
Brookfield Corp Cl A 5.42
Intact Financial Corp 5.24
Toronto-Dominion Bank 4.46
Microsoft Corp 4.15
CCL Industries Inc Cl B 4.10
Visa Inc Cl A 4.05
Alimentation Couche-Tard Inc 3.97
Emera Inc 3.71
Restaurant Brands International Inc 3.66
CGI Inc Cl A 3.10

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)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return24681012141618-5%0%5%10%15%20%25%30%

Mackenzie Ivy Canadian Fund Series LB

Median

Other - Canadian Focused Equity

3 Yr Annualized

Standard Deviation 10.13% 10.52% 10.57%
Beta 0.79% 0.78% 0.80%
Alpha 0.00% 0.01% -0.01%
Rsquared 0.86% 0.80% 0.83%
Sharpe 0.87% 0.89% 0.50%
Sortino 1.81% 1.54% 0.56%
Treynor 0.11% 0.12% 0.07%
Tax Efficiency 97.29% 97.97% 92.28%
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 10.42% 10.13% 10.52% 10.57%
Beta 0.96% 0.79% 0.78% 0.80%
Alpha -0.03% 0.00% 0.01% -0.01%
Rsquared 0.86% 0.86% 0.80% 0.83%
Sharpe 1.24% 0.87% 0.89% 0.50%
Sortino 2.92% 1.81% 1.54% 0.56%
Treynor 0.14% 0.11% 0.12% 0.07%
Tax Efficiency 96.25% 97.29% 97.97% 92.28%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A28.7​28.740.8​40.80%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A41.3​41.344.8​44.80%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A19.4​19.437.9​37.90%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A34.4​34.438.9​38.90%10%20%30%40%50%60%70%80%90%100%

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.

View the full methodology

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) $737

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) -

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
Sign up Now More Info