Try Fund Library Premium
For Free with a 30 day trial!
High Yield Fixed Income
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
2013, 2012
Click for more information on Fundata’s FundGrade
|
NAVPS (05-26-2025) |
$8.88 |
|---|---|
| Change |
$0.01
(0.07%)
|
As at April 30, 2025
As at February 28, 2025
Inception Return (January 19, 2012): 3.44%
| 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 | -0.68% | -1.25% | 0.77% | -0.44% | 6.08% | 6.11% | 3.80% | 1.80% | 3.84% | 2.94% | 2.96% | 2.69% | 3.34% | 2.61% |
| Benchmark | -3.14% | -3.02% | 1.75% | -1.14% | 10.68% | 10.50% | 9.40% | 5.13% | 5.71% | 4.35% | 5.08% | 4.24% | 6.06% | 5.82% |
| Category Average | -0.43% | -0.85% | 0.92% | 0.15% | 6.55% | 6.27% | 4.01% | 1.64% | 4.21% | 2.74% | 2.87% | 2.73% | 3.43% | 2.85% |
| Category Rank | 144 / 241 | 148 / 238 | 131 / 238 | 177 / 238 | 165 / 237 | 173 / 231 | 176 / 228 | 146 / 222 | 173 / 215 | 125 / 209 | 122 / 190 | 118 / 179 | 128 / 165 | 123 / 156 |
| Quartile Ranking | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 4 | 3 | 3 | 3 | 4 | 4 |
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.92% | 0.64% | 1.75% | 0.70% | 0.96% | 0.19% | 1.06% | 0.17% | 0.81% | 0.37% | -0.93% | -0.68% |
| Benchmark | 0.00% | 1.79% | 2.95% | -0.48% | 2.00% | 2.26% | 0.82% | 2.08% | 1.94% | 0.36% | -0.24% | -3.14% |
4.35% (March 2016)
-8.22% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -4.50% | 11.01% | 3.73% | -3.21% | 9.07% | 5.72% | 3.74% | -9.83% | 8.21% | 8.27% |
| Benchmark | 14.93% | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% | 17.23% |
| Category Average | -2.71% | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% | 7.12% |
| Quartile Ranking | 3 | 3 | 4 | 3 | 4 | 2 | 3 | 2 | 4 | 2 |
| Category Rank | 108/ 150 | 115/ 164 | 148/ 172 | 113/ 183 | 157/ 207 | 89/ 214 | 130/ 218 | 99/ 225 | 185/ 231 | 100/ 237 |
11.01% (2016)
-9.83% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 56.01 |
| Canadian Corporate Bonds | 25.36 |
| Cash and Equivalents | 11.93 |
| Canadian Equity | 2.32 |
| Canadian Bonds - Funds | 1.47 |
| Other | 2.91 |
| Name | Percent |
|---|---|
| Fixed Income | 85.02 |
| Cash and Cash Equivalent | 11.93 |
| Utilities | 0.92 |
| Consumer Goods | 0.65 |
| Financial Services | 0.44 |
| Other | 1.04 |
| Name | Percent |
|---|---|
| North America | 98.82 |
| Europe | 0.88 |
| Latin America | 0.15 |
| Multi-National | 0.14 |
| Other | 0.01 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 2.78 |
| Cascades Inc 5.13% 15-Jan-2026 | 1.77 |
| Parkland Corp 4.38% 26-Mar-2029 | 1.70 |
| Algonquin Power & Utils Corp 4.75% 18-Jan-2082 | 1.68 |
| Videotron Ltd 5.63% 31-May-2025 | 1.61 |
| Videotron Ltd 3.63% 31-May-2025 | 1.59 |
| Superior Plus LP 4.25% 18-May-2028 | 1.49 |
| Parkland Corp 4.50% 01-Oct-2029 | 1.46 |
| Mackenzie High Quality Floating Rate Fund Series R | 1.45 |
| Keyera Corp 6.88% 13-Jun-2079 | 1.38 |
Mackenzie Corporate Bond Fund Series LB
Median
Other - High Yield Fixed Income
| Standard Deviation | 4.94% | 4.56% | 5.28% |
|---|---|---|---|
| Beta | 0.58% | 0.51% | 0.45% |
| Alpha | -0.02% | 0.01% | 0.00% |
| Rsquared | 0.54% | 0.53% | 0.32% |
| Sharpe | -0.01% | 0.32% | 0.19% |
| Sortino | 0.25% | 0.28% | -0.07% |
| Treynor | 0.00% | 0.03% | 0.02% |
| Tax Efficiency | 51.82% | 54.34% | 32.44% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.58% | 4.94% | 4.56% | 5.28% |
| Beta | 0.27% | 0.58% | 0.51% | 0.45% |
| Alpha | 0.03% | -0.02% | 0.01% | 0.00% |
| Rsquared | 0.38% | 0.54% | 0.53% | 0.32% |
| Sharpe | 0.86% | -0.01% | 0.32% | 0.19% |
| Sortino | 1.95% | 0.25% | 0.28% | -0.07% |
| Treynor | 0.08% | 0.00% | 0.03% | 0.02% |
| Tax Efficiency | 69.57% | 51.82% | 54.34% | 32.44% |
| Start Date | January 19, 2012 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $357 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC4414 |
The Fund seeks above-average income with the potential for longterm growth of accumulated capital. The Fund invests primarily in higher yielding Canadian corporate securities (both equity and fixed-income securities). Any proposed change in the fundamental investment objectives of the Fund must be approved by a majority of the votes cast at a meeting of the Fund’s investors called for that purpose.
The Fund’s investments are generally expected to have a weighted average credit quality of “BB-” or higher, as rated by a recognized credit rating organization. The portfolio manager may vary the weighted average credit quality. The investment approach follows a fundamental analysis to select investments for the Fund, by reviewing the values of the Fund’s investments on an ongoing basis, paying particular attention to credit quality.
| Portfolio Manager |
Mackenzie Financial Corporation
|
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
Mackenzie Financial Corporation |
|---|---|
| Custodian |
Canadian Imperial Bank of Commerce |
| Registrar |
Mackenzie Financial Corporation |
| Distributor |
LBC Financial Services Inc. |
| 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 | 1.76% |
|---|---|
| Management Fee | 1.35% |
| 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) | - |
Try Fund Library Premium
For Free with a 30 day trial!
Fund Library
