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High Yield Fixed Income
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2013, 2012
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|
NAVPS (06-11-2025) |
$8.95 |
|---|---|
| Change |
$0.00
(0.03%)
|
As at May 31, 2025
As at March 31, 2025
Inception Return (January 19, 2012): 3.52%
| 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 | 1.33% | -0.30% | 1.05% | 0.88% | 6.52% | 7.26% | 4.67% | 2.03% | 3.65% | 3.34% | 3.19% | 2.80% | 3.42% | 2.71% |
| Benchmark | 1.07% | -2.34% | 2.00% | -0.08% | 11.86% | 11.73% | 10.19% | 5.68% | 5.07% | 4.65% | 5.25% | 4.38% | 5.67% | 5.61% |
| Category Average | 1.41% | -0.01% | 1.21% | 1.56% | 6.80% | 7.48% | 4.72% | 1.91% | 3.87% | 3.11% | 3.09% | 2.84% | 3.53% | 2.96% |
| Category Rank | 124 / 241 | 136 / 241 | 136 / 238 | 181 / 238 | 159 / 237 | 174 / 231 | 151 / 228 | 148 / 222 | 162 / 215 | 126 / 209 | 121 / 190 | 120 / 181 | 127 / 165 | 122 / 156 |
| Quartile Ranking | 3 | 3 | 3 | 4 | 3 | 4 | 3 | 3 | 4 | 3 | 3 | 3 | 4 | 4 |
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.64% | 1.75% | 0.70% | 0.96% | 0.19% | 1.06% | 0.17% | 0.81% | 0.37% | -0.93% | -0.68% | 1.33% |
| Benchmark | 1.79% | 2.95% | -0.48% | 2.00% | 2.26% | 0.82% | 2.08% | 1.94% | 0.36% | -0.24% | -3.14% | 1.07% |
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 | 55.65 |
| Canadian Corporate Bonds | 24.05 |
| Cash and Equivalents | 13.87 |
| Canadian Equity | 2.03 |
| Canadian Bonds - Funds | 1.47 |
| Other | 2.93 |
| Name | Percent |
|---|---|
| Fixed Income | 83.35 |
| Cash and Cash Equivalent | 13.87 |
| Utilities | 0.93 |
| Consumer Goods | 0.65 |
| Energy | 0.41 |
| Other | 0.79 |
| Name | Percent |
|---|---|
| North America | 98.32 |
| Europe | 0.90 |
| Latin America | 0.15 |
| Multi-National | 0.13 |
| Other | 0.50 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 3.53 |
| Cascades Inc 5.13% 15-Jan-2026 | 1.79 |
| Parkland Corp 4.38% 26-Mar-2029 | 1.72 |
| Algonquin Power & Utils Corp 4.75% 18-Jan-2082 | 1.68 |
| Videotron Ltd 5.63% 15-Jun-2025 | 1.62 |
| Videotron Ltd 3.63% 29-Jun-2025 | 1.61 |
| Superior Plus LP 4.25% 18-May-2028 | 1.51 |
| Mackenzie High Quality Floating Rate Fund Series R | 1.47 |
| Parkland Corp 4.50% 01-Oct-2029 | 1.46 |
| Keyera Corp 6.88% 13-Jun-2079 | 1.39 |
Mackenzie Corporate Bond Fund Series LB
Median
Other - High Yield Fixed Income
| Standard Deviation | 4.90% | 4.50% | 5.29% |
|---|---|---|---|
| Beta | 0.58% | 0.52% | 0.46% |
| Alpha | -0.01% | 0.01% | 0.00% |
| Rsquared | 0.53% | 0.52% | 0.33% |
| Sharpe | 0.15% | 0.27% | 0.21% |
| Sortino | 0.50% | 0.22% | -0.04% |
| Treynor | 0.01% | 0.02% | 0.02% |
| Tax Efficiency | 59.57% | 51.18% | 34.22% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.68% | 4.90% | 4.50% | 5.29% |
| Beta | 0.30% | 0.58% | 0.52% | 0.46% |
| Alpha | 0.03% | -0.01% | 0.01% | 0.00% |
| Rsquared | 0.40% | 0.53% | 0.52% | 0.33% |
| Sharpe | 1.05% | 0.15% | 0.27% | 0.21% |
| Sortino | 2.23% | 0.50% | 0.22% | -0.04% |
| Treynor | 0.10% | 0.01% | 0.02% | 0.02% |
| Tax Efficiency | 70.04% | 59.57% | 51.18% | 34.22% |
| 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) | $361 |
| 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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