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Mackenzie Income Fund Series LB
Canadian Fix Inc Balanced
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FundGrade C
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FundGrade A+® Rating Recipient
2021, 2020, 2019, 2018, 2017
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|
NAVPS (07-22-2026) |
$7.07 |
|---|---|
| Change |
$0.00
(0.03%)
|
As at June 30, 2026
As at April 30, 2026
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Legend
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Fund Returns
Inception Return (January 23, 2012): 4.27%
| 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 | 0.52% | 3.76% | 4.32% | 4.32% | 9.10% | 9.19% | 7.93% | 7.02% | 3.43% | 3.87% | 3.82% | 4.02% | 3.79% | 3.91% |
| Benchmark | 0.46% | 3.17% | 4.44% | 4.44% | 10.14% | 10.42% | 8.88% | 7.84% | 4.19% | 4.43% | 4.60% | 4.86% | 4.67% | 4.47% |
| Category Average | 0.71% | 4.28% | 4.59% | 4.59% | 8.79% | 8.72% | 7.99% | 7.24% | 3.63% | 4.22% | 4.01% | 4.06% | 3.84% | 3.82% |
| Category Rank | 366 / 410 | 321 / 410 | 276 / 410 | 276 / 410 | 186 / 403 | 164 / 396 | 216 / 393 | 241 / 392 | 228 / 370 | 206 / 337 | 197 / 323 | 165 / 288 | 150 / 271 | 138 / 261 |
| Quartile Ranking | 4 | 4 | 3 | 3 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.62% | 1.07% | 2.21% | 0.23% | 0.86% | -0.47% | 0.80% | 2.15% | -2.36% | 1.59% | 1.60% | 0.52% |
| Benchmark | -0.14% | 1.52% | 2.70% | 0.81% | 1.16% | -0.69% | 0.68% | 3.20% | -2.57% | 1.00% | 1.68% | 0.46% |
Best Monthly Return Since Inception
4.43% (April 2020)
Worst Monthly Return Since Inception
-5.52% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.08% | 4.28% | -2.30% | 10.27% | 6.89% | 3.50% | -10.27% | 6.27% | 7.71% | 7.95% |
| Benchmark | 6.19% | 4.30% | -1.25% | 10.87% | 8.35% | 3.73% | -9.93% | 7.79% | 8.33% | 9.15% |
| Category Average | 4.06% | 3.92% | -2.19% | 9.07% | 6.42% | 3.91% | -9.95% | 7.21% | 8.35% | 6.88% |
| Quartile Ranking | 1 | 3 | 3 | 2 | 3 | 3 | 3 | 4 | 3 | 2 |
| Category Rank | 59/ 248 | 135/ 268 | 190/ 281 | 107/ 303 | 184/ 335 | 200/ 358 | 208/ 374 | 328/ 392 | 250/ 395 | 122/ 398 |
Best Calendar Return (Last 10 years)
10.27% (2019)
Worst Calendar Return (Last 10 years)
-10.27% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Bonds - Funds | 61.50 |
| Canadian Equity | 14.43 |
| US Equity | 13.64 |
| International Equity | 7.30 |
| Foreign Corporate Bonds | 2.21 |
| Other | 0.92 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 64.10 |
| Financial Services | 7.62 |
| Technology | 6.44 |
| Energy | 4.45 |
| Basic Materials | 3.09 |
| Other | 14.30 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 92.22 |
| Europe | 5.07 |
| Asia | 2.14 |
| Latin America | 0.24 |
| Other | 0.33 |
Top Holdings
| Name | Percent |
|---|---|
| Mackenzie Canadian Enhanced Core Plus Fixed Income | 61.50 |
| Mackenzie Alternative Enhanced Yield Fund Ser A | 4.07 |
| Royal Bank of Canada | 1.17 |
| NVIDIA Corp | 0.96 |
| Alphabet Inc Cl A | 0.89 |
| Apple Inc | 0.88 |
| Agnico Eagle Mines Ltd | 0.88 |
| Toronto-Dominion Bank | 0.77 |
| Microsoft Corp | 0.64 |
| Manulife Financial Corp | 0.64 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Mackenzie Income Fund Series LB
Median
Other - Canadian Fix Inc Balanced
3 Yr Annualized
| Standard Deviation | 5.45% | 6.50% | 5.82% |
|---|---|---|---|
| Beta | 0.88 | 0.94 | 0.92 |
| Alpha | 0.00 | 0.00 | 0.00 |
| Rsquared | 0.91% | 0.95% | 0.94% |
| Sharpe | 0.79 | 0.10 | 0.36 |
| Sortino | 1.51 | 0.13 | 0.25 |
| Treynor | 0.05 | 0.01 | 0.02 |
| Tax Efficiency | 90.01% | 77.55% | 79.30% |
| Volatility |
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|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.32% | 5.45% | 6.50% | 5.82% |
| Beta | 0.78 | 0.88 | 0.94 | 0.92 |
| Alpha | 0.01 | 0.00 | 0.00 | 0.00 |
| Rsquared | 0.90% | 0.91% | 0.95% | 0.94% |
| Sharpe | 1.50 | 0.79 | 0.10 | 0.36 |
| Sortino | 2.15 | 1.51 | 0.13 | 0.25 |
| Treynor | 0.08 | 0.05 | 0.01 | 0.02 |
| Tax Efficiency | 89.85% | 90.01% | 77.55% | 79.30% |
Fund Details
| Start Date | January 23, 2012 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $935 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC4415 |
Investment Objectives
The Fund seeks a steady flow of income with reasonable safety of capital by investing primarily in a combination of fixed-income and equity securities of issuers anywhere in the world. Any proposed change in the fundamental investment objectives of the Fund must be approved by a majority of votes cast at a meeting of the Fund’s investors called for that purpose.
Investment Strategy
The Fund’s asset mix will generally be kept within the following ranges: 10-40% equity securities; 60-90% fixed-income securities, including cash and cashequivalents. 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.
Portfolio Management
| Portfolio Manager |
Mackenzie Financial Corporation
|
|---|---|
| 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 | 1.99% |
|---|---|
| Management Fee | 1.50% |
| 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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