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High Yield Fixed Income
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2013, 2012
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|
NAVPS (01-27-2026) |
$8.96 |
|---|---|
| Change |
-$0.02
(-0.19%)
|
As at December 31, 2025
As at October 31, 2025
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Inception Return (January 19, 2012): 3.62%
| 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 | 0.01% | 0.51% | 2.58% | 4.45% | 4.45% | 6.35% | 6.96% | 2.49% | 2.74% | 3.23% | 4.05% | 3.11% | 3.18% | 3.94% |
| Benchmark | -0.80% | -0.34% | 4.14% | 5.59% | 5.59% | 11.26% | 10.96% | 6.19% | 5.03% | 5.21% | 5.60% | 5.57% | 5.28% | 5.82% |
| Category Average | 0.27% | 0.69% | 2.90% | 5.98% | 5.98% | 6.55% | 7.23% | 2.63% | 2.75% | 3.18% | 4.06% | 3.20% | 3.43% | 4.03% |
| Category Rank | 195 / 244 | 150 / 244 | 153 / 241 | 191 / 238 | 191 / 238 | 149 / 237 | 169 / 231 | 157 / 225 | 153 / 218 | 136 / 213 | 149 / 206 | 129 / 182 | 130 / 171 | 126 / 163 |
| Quartile Ranking | 4 | 3 | 3 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 |
| Return % | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.81% | 0.37% | -0.93% | -0.68% | 1.33% | 0.94% | 0.68% | 0.51% | 0.86% | 0.09% | 0.41% | 0.01% |
| Benchmark | 1.94% | 0.36% | -0.24% | -3.14% | 1.07% | 1.47% | 1.52% | 0.80% | 2.13% | 0.55% | -0.09% | -0.80% |
4.35% (March 2016)
-8.22% (March 2020)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 11.01% | 3.73% | -3.21% | 9.07% | 5.72% | 3.74% | -9.83% | 8.21% | 8.27% | 4.45% |
| Benchmark | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% | 17.23% | 5.59% |
| Category Average | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% | 7.12% | 5.98% |
| Quartile Ranking | 3 | 4 | 3 | 4 | 2 | 3 | 2 | 4 | 2 | 4 |
| Category Rank | 118/ 163 | 149/ 171 | 113/ 182 | 155/ 206 | 91/ 213 | 131/ 218 | 103/ 225 | 180/ 231 | 106/ 237 | 191/ 238 |
11.01% (2016)
-9.83% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 58.82 |
| Canadian Corporate Bonds | 26.22 |
| Cash and Equivalents | 10.04 |
| Canadian Bonds - Funds | 1.46 |
| Canadian Equity | 1.26 |
| Other | 2.20 |
| Name | Percent |
|---|---|
| Fixed Income | 88.03 |
| Cash and Cash Equivalent | 10.04 |
| Utilities | 0.84 |
| Consumer Goods | 0.62 |
| Telecommunications | 0.20 |
| Other | 0.27 |
| Name | Percent |
|---|---|
| North America | 98.88 |
| Europe | 0.52 |
| Latin America | 0.07 |
| Other | 0.53 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 5.52 |
| Parkland Corp 4.38% 26-Mar-2029 | 1.69 |
| Algonquin Power & Utils Corp 4.75% 18-Jan-2082 | 1.63 |
| Cascades Inc 6.75% 15-Jul-2030 | 1.60 |
| Superior Plus LP 4.25% 18-May-2028 | 1.52 |
| Mackenzie High Quality Floating Rate Fund Series R | 1.46 |
| Parkland Corp 4.50% 01-Oct-2029 | 1.42 |
| TransCanada Trust 4.65% 18-May-2027 | 1.28 |
| Inter Pipeline Ltd 6.88% 26-Mar-2079 | 1.28 |
| Videotron Ltd 3.63% 2-Jan-2026 | 1.14 |
Mackenzie Corporate Bond Fund Series LB
Median
Other - High Yield Fixed Income
| Standard Deviation | 3.35% | 4.25% | 5.02% |
|---|---|---|---|
| Beta | 0.41% | 0.50% | 0.48% |
| Alpha | 0.03% | 0.00% | 0.01% |
| Rsquared | 0.30% | 0.52% | 0.39% |
| Sharpe | 0.88% | 0.02% | 0.43% |
| Sortino | 2.58% | -0.06% | 0.26% |
| Treynor | 0.07% | 0.00% | 0.04% |
| Tax Efficiency | 71.83% | 33.50% | 55.22% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.29% | 3.35% | 4.25% | 5.02% |
| Beta | 0.35% | 0.41% | 0.50% | 0.48% |
| Alpha | 0.02% | 0.03% | 0.00% | 0.01% |
| Rsquared | 0.60% | 0.30% | 0.52% | 0.39% |
| Sharpe | 0.78% | 0.88% | 0.02% | 0.43% |
| Sortino | 0.91% | 2.58% | -0.06% | 0.26% |
| Treynor | 0.05% | 0.07% | 0.00% | 0.04% |
| Tax Efficiency | 54.13% | 71.83% | 33.50% | 55.22% |
| 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) | - |
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