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Mackenzie Global Resource Fund Series LB
Natural Resources Equity
Click for more information on Fundata’s FundGrade
FundGrade B
Click for more information on Fundata’s FundGrade.
|
NAVPS (11-11-2026) |
$19.08 |
|---|---|
| Change |
$0.25
(1.31%)
|
As at October 31, 2026
As at August 31, 2026
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Legend
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Fund Returns
Inception Return (January 26, 2012): 6.19%
| 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 | 2.23% | 5.08% | 4.46% | 24.89% | 38.03% | 33.67% | 26.69% | 21.77% | 20.46% | 26.79% | 21.38% | 17.12% | 13.74% | 11.64% |
| Benchmark | -2.22% | 3.85% | -1.60% | 16.60% | 27.56% | 30.20% | 28.85% | 20.64% | 18.74% | 20.81% | 16.23% | 15.30% | 11.83% | 10.21% |
| Category Average | -2.26% | 2.51% | -1.53% | 16.75% | 28.26% | 27.91% | 22.88% | 17.90% | 16.77% | 21.96% | 17.97% | 14.47% | 11.33% | 10.03% |
| Category Rank | 54 / 116 | 57 / 115 | 53 / 112 | 53 / 112 | 41 / 111 | 36 / 108 | 47 / 106 | 36 / 105 | 32 / 100 | 37 / 100 | 35 / 99 | 36 / 97 | 35 / 94 | 38 / 85 |
| Quartile Ranking | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
Monthly Return
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 7.62% | 2.70% | 8.28% | 8.53% | 1.08% | 0.65% | 0.71% | -6.41% | 5.47% | 7.63% | -4.49% | 2.23% |
| Benchmark | 9.29% | 0.11% | 9.70% | 15.01% | -4.50% | -1.66% | 1.51% | -8.41% | 1.92% | 12.82% | -5.87% | -2.22% |
Best Monthly Return Since Inception
31.77% (April 2020)
Worst Monthly Return Since Inception
-27.68% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 51.60% | -10.23% | -22.65% | 8.27% | 3.16% | 45.98% | 16.24% | 4.44% | 10.95% | 44.66% |
| Benchmark | 36.74% | -1.69% | -15.86% | 20.06% | -7.01% | 21.57% | 12.86% | -0.78% | 19.24% | 51.44% |
| Category Average | 40.92% | -2.18% | -21.77% | 9.95% | 5.03% | 32.84% | 13.19% | 2.62% | 7.76% | 44.14% |
| Quartile Ranking | 2 | 4 | 3 | 4 | 3 | 2 | 3 | 2 | 3 | 3 |
| Category Rank | 28/ 80 | 79/ 85 | 65/ 95 | 81/ 97 | 67/ 99 | 33/ 100 | 66/ 101 | 39/ 105 | 60/ 106 | 63/ 108 |
Best Calendar Return (Last 10 years)
51.60% (2016)
Worst Calendar Return (Last 10 years)
-22.65% (2018)
Asset Allocation
| Name | Percent |
|---|---|
| International Equity | 35.94 |
| Canadian Equity | 33.78 |
| US Equity | 24.95 |
| Cash and Equivalents | 2.32 |
| Commodities | 2.30 |
| Other | 0.71 |
Sector Allocation
| Name | Percent |
|---|---|
| Energy | 43.88 |
| Basic Materials | 36.07 |
| Mutual Fund | 6.27 |
| Industrial Goods | 3.56 |
| Cash and Cash Equivalent | 2.32 |
| Other | 7.90 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 61.30 |
| Europe | 22.36 |
| Latin America | 6.46 |
| Multi-National | 6.27 |
| Asia | 0.87 |
| Other | 2.74 |
Top Holdings
| Name | Percent |
|---|---|
| Mackenzie Global Energy Opportunities Long/Short Fund | 6.27 |
| Phillips 66 | 3.23 |
| TotalEnergies SE | 3.12 |
| First Quantum Minerals Ltd | 2.74 |
| Cenovus Energy Inc | 2.63 |
| Shell PLC - ADR | 2.49 |
| HF Sinclair Corp | 2.42 |
| Ovintiv Inc | 2.36 |
| Cash and Cash Equivalents | 2.32 |
| GOLD 100 OZ FUTR Nov/2500 CO | 2.30 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Mackenzie Global Resource Fund Series LB
Median
Other - Natural Resources Equity
3 Yr Annualized
| Standard Deviation | 14.14% | 16.02% | 21.39% |
|---|---|---|---|
| Beta | 0.64 | 0.73 | 0.98 |
| Alpha | 0.07 | 0.06 | 0.02 |
| Rsquared | 0.77% | 0.80% | 0.77% |
| Sharpe | 1.53 | 1.06 | 0.53 |
| Sortino | 3.04 | 1.73 | 0.74 |
| Treynor | 0.34 | 0.23 | 0.12 |
| Tax Efficiency | 94.19% | 94.62% | 93.60% |
| Volatility |
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|
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Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 17.06% | 14.14% | 16.02% | 21.39% |
| Beta | 0.59 | 0.64 | 0.73 | 0.98 |
| Alpha | 0.18 | 0.07 | 0.06 | 0.02 |
| Rsquared | 0.84% | 0.77% | 0.80% | 0.77% |
| Sharpe | 1.86 | 1.53 | 1.06 | 0.53 |
| Sortino | 3.79 | 3.04 | 1.73 | 0.74 |
| Treynor | 0.54 | 0.34 | 0.23 | 0.12 |
| Tax Efficiency | 96.17% | 94.19% | 94.62% | 93.60% |
Fund Details
| Start Date | January 26, 2012 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Partially Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $643 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC4422 | NL | Partially Open |
Investment Objectives
The Fund pursues long-term capital growth primarily from investment in shares of companies operating anywhere in the world in the energy and natural resource industries. At least three different countries will usually be represented in the Fund’s overall portfolio holdings. Any proposed change to the fundamental investment objectives of the Fund must be approved by a majority of votes cast at a meeting of securityholders held for that reason.
Investment Strategy
The investment approach follows various strategies including investing in companies expected to increase shareholder value through successful exploration and development; seeking out leading companies that typically have lower costs, lower debt and/or outstanding assets;
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 | 2.63% |
|---|---|
| Management Fee | 1.95% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 1.00% |
| Trailer Fee Max (LL) | - |
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