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Cdn Short Term Fixed Inc
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|
NAVPS (10-08-2024) |
$9.47 |
|---|---|
| Change |
$0.00
(0.04%)
|
As at September 30, 2024
As at June 30, 2024
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Inception Return (January 25, 2012): 1.32%
| 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 | 1.27% | 3.26% | 4.26% | 4.57% | 8.96% | 4.61% | 0.73% | 0.44% | 1.05% | 1.35% | 1.31% | 1.19% | 1.33% | 1.27% |
| Benchmark | 1.26% | 3.28% | 4.58% | 5.04% | 9.22% | 5.27% | 1.77% | 1.30% | 2.01% | 2.37% | 2.16% | 1.81% | 1.82% | 1.93% |
| Category Average | 1.15% | 4.09% | 4.09% | 4.64% | 8.67% | 5.09% | 1.45% | 1.19% | 1.68% | 1.93% | 1.71% | 1.44% | 1.45% | 1.39% |
| Category Rank | 145 / 324 | 145 / 315 | 185 / 311 | 212 / 282 | 166 / 280 | 222 / 263 | 226 / 247 | 215 / 234 | 214 / 229 | 200 / 214 | 180 / 200 | 145 / 184 | 128 / 174 | 121 / 162 |
| Quartile Ranking | 2 | 2 | 3 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 |
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.66% | 1.83% | 1.66% | -0.08% | -0.03% | 0.41% | -0.60% | 0.87% | 0.70% | 1.51% | 0.45% | 1.27% |
| Benchmark | 0.78% | 1.67% | 1.48% | -0.13% | 0.05% | 0.53% | -0.40% | 0.86% | 0.79% | 1.36% | 0.63% | 1.26% |
1.94% (April 2020)
-2.31% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.36% | 0.54% | 2.61% | 0.87% | 0.42% | 3.02% | 4.14% | -1.77% | -5.56% | 4.21% |
| Benchmark | 3.01% | 2.56% | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% |
| Category Average | 1.73% | 0.55% | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% |
| Quartile Ranking | 3 | 4 | 1 | 2 | 4 | 3 | 3 | 4 | 4 | 4 |
| Category Rank | 85/ 145 | 132/ 166 | 38/ 179 | 63/ 184 | 171/ 204 | 120/ 219 | 165/ 229 | 210/ 235 | 225/ 249 | 225/ 263 |
4.21% (2023)
-5.56% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 53.92 |
| Canadian Government Bonds | 27.26 |
| Cash and Equivalents | 15.89 |
| Foreign Corporate Bonds | 2.29 |
| Canadian Equity | 0.26 |
| Other | 0.38 |
| Name | Percent |
|---|---|
| Fixed Income | 83.49 |
| Cash and Cash Equivalent | 15.89 |
| Financial Services | 0.51 |
| Utilities | 0.13 |
| Consumer Goods | 0.02 |
| Other | -0.04 |
| Name | Percent |
|---|---|
| North America | 99.91 |
| Europe | 0.07 |
| Latin America | 0.03 |
| Multi-National | 0.02 |
| Other | -0.03 |
| Name | Percent |
|---|---|
| Canada Government 3.25% 01-Sep-2028 | 7.47 |
| Canada Government 2.75% 01-Sep-2027 | 4.43 |
| Ontario Province 3.40% 08-Sep-2028 | 4.25 |
| Ontario Province 3.60% 08-Mar-2028 | 3.93 |
| Apple Inc 2.51% 19-Aug-2024 | 2.71 |
| Ontario Province 4.00% 08-Mar-2029 | 2.47 |
| Quebec Province 2.75% 01-Sep-2028 | 2.40 |
| Manulife Financial Corp 5.41% 10-Mar-2028 | 2.35 |
| Sun Life Financial Inc 2.80% 21-Nov-2028 | 2.16 |
| Rogers Communications Inc 3.10% 15-Apr-2025 | 2.14 |
Mackenzie Canadian Short Term Income Fund Series LB
Median
Other - Cdn Short Term Fixed Inc
| Standard Deviation | 3.08% | 2.87% | 2.28% |
|---|---|---|---|
| Beta | 1.03% | 1.05% | 1.00% |
| Alpha | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.95% | 0.79% | 0.75% |
| Sharpe | -0.84% | -0.39% | -0.12% |
| Sortino | -0.90% | -0.82% | -0.91% |
| Treynor | -0.02% | -0.01% | 0.00% |
| Tax Efficiency | - | 40.12% | 45.76% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.60% | 3.08% | 2.87% | 2.28% |
| Beta | 1.14% | 1.03% | 1.05% | 1.00% |
| Alpha | -0.01% | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.98% | 0.95% | 0.79% | 0.75% |
| Sharpe | 1.51% | -0.84% | -0.39% | -0.12% |
| Sortino | 5.88% | -0.90% | -0.82% | -0.91% |
| Treynor | 0.03% | -0.02% | -0.01% | 0.00% |
| Tax Efficiency | 89.80% | - | 40.12% | 45.76% |
| Start Date | January 25, 2012 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $274 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC4418 |
The Fund seeks to provide a steady flow of income with an emphasis on capital preservation by investing mainly in fixed-income securities issued in Canada by governments, government-related entities and corporations. The Fund will generally invest in high-quality fixedincome securities with relatively short terms to maturity.
The Fund’s investments are expected to have a weighted average credit quality of “BBB-” or higher, as rated by a recognized credit rating organization. The portfolio manager may vary the weighted average credit quality and the Fund may invest in bonds that are below investment grade. In order to limit price volatility, the Fund will limit the weighted average term to maturity of its investments to five years or less.
| Name | Start Date |
|---|---|
| Steve Locke | 01-25-2012 |
| Felix Wong | 01-25-2012 |
| Fund Manager | Mackenzie Financial Corporation |
|---|---|
| Advisor | Mackenzie Financial Corporation |
| Custodian | Canadian Imperial Bank of Commerce |
| Registrar | Mackenzie Financial Corporation |
| Distributor | LBC Financial Services Inc. |
| Auditor | Deloitte & Touche 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 | 100 |
| MER | 1.44% |
|---|---|
| Management Fee | 1.05% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.50% |
| Trailer Fee Max (LL) | - |
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