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Mackenzie Global Resource Fund Series LB

Natural Resources Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

NAVPS
(08-08-2025)
$13.15
Change
$0.08 (0.59%)

As at June 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025May 2013May 2015May 2017May 2019May 2021May 2023$10,000$15,000$9,000$11,000$12,000$13,000$14,000Period

Legend

Mackenzie Global Resource Fund Series LB

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Fund Returns

Inception Return (January 26, 2012): 3.22%

Fund Returns
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 5.42% 4.23% 13.91% 13.91% 17.76% 14.33% 13.53% 14.12% 22.83% 15.41% 8.97% 9.75% 8.07% 7.08%
Benchmark 3.09% 3.96% 14.84% 14.84% 22.02% 18.02% 12.85% 12.71% 14.22% 10.86% 7.90% 8.15% 6.45% 6.37%
Category Average 5.64% 4.11% 11.00% 11.00% 12.00% 10.63% 11.14% 10.99% 17.96% 12.05% 7.30% 8.03% 6.64% 5.95%
Category Rank 82 / 114 52 / 114 40 / 112 40 / 112 47 / 110 41 / 109 40 / 109 37 / 104 36 / 102 34 / 102 41 / 101 47 / 99 45 / 89 46 / 79
Quartile Ranking 3 2 2 2 2 2 2 2 2 2 2 2 3 3

Monthly Return

Created with Highcharts 10.3.3-10%-5%0%5%10%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 4.85% -1.81% 0.66% 0.87% 2.26% -3.29% 4.45% -0.14% 4.77% -6.24% 5.45% 5.42%
Benchmark 6.39% -0.48% 0.27% 4.24% 0.96% -4.90% 5.21% -0.15% 5.16% -2.32% 3.24% 3.09%

Best Monthly Return Since Inception

31.77% (April 2020)

Worst Monthly Return Since Inception

-27.68% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-40%-20%0%20%40%60%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -22.79% 51.60% -10.23% -22.65% 8.27% 3.16% 45.98% 16.24% 4.44% 10.95%
Benchmark -23.78% 36.74% -1.69% -15.86% 20.06% -7.01% 21.57% 12.86% -0.78% 19.24%
Category Average -22.23% 40.92% -2.18% -21.77% 9.95% 5.03% 32.84% 13.19% 2.62% 7.76%
Quartile Ranking 3 2 4 3 4 3 2 3 2 3
Category Rank 53/ 76 32/ 85 84/ 90 67/ 100 83/ 102 66/ 102 34/ 103 69/ 105 42/ 109 62/ 110

Best Calendar Return (Last 10 years)

51.60% (2016)

Worst Calendar Return (Last 10 years)

-22.79% (2015)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 41.61
International Equity 40.04
US Equity 11.85
Cash and Equivalents 3.07
Commodities 2.90
Other 0.53

Sector Allocation

Sector Allocation
Name Percent
Basic Materials 37.21
Energy 36.17
Mutual Fund 9.64
Industrial Goods 4.57
Cash and Cash Equivalent 3.07
Other 9.34

Geographic Allocation

Geographic Allocation
Name Percent
North America 56.77
Europe 25.75
Multi-National 10.27
Latin America 2.10
Africa and Middle East 1.83
Other 3.28

Top Holdings

Top Holdings
Name Percent
Mackenzie Global Energy Opportunities Long/Short Fund 9.64
TotalEnergies SE - ADR 3.62
Endeavour Mining PLC 3.41
Shell PLC - ADR 3.39
Tourmaline Oil Corp 3.26
Cash and Cash Equivalents 3.07
Advantage Energy Ltd 2.87
iShares S&P/TSX Global Gold Index ETF (XGD) 2.70
GOLD 100 OZ FUTR May/2000 CO 2.27
Anglogold Ashanti PLC 2.17

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return681012141618202224262830-40%-30%-20%-10%0%10%20%30%40%

Mackenzie Global Resource Fund Series LB

Median

Other - Natural Resources Equity

3 Yr Annualized

Standard Deviation 14.24% 16.31% 22.33%
Beta 0.82% 0.86% 1.08%
Alpha 0.03% 0.09% 0.01%
Rsquared 0.77% 0.74% 0.81%
Sharpe 0.68% 1.20% 0.34%
Sortino 1.29% 1.98% 0.42%
Treynor 0.12% 0.23% 0.07%
Tax Efficiency 89.65% 93.77% 89.99%
Volatility Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10

Risk Rating

Rating 8 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 13.20% 14.24% 16.31% 22.33%
Beta 0.95% 0.82% 0.86% 1.08%
Alpha -0.02% 0.03% 0.09% 0.01%
Rsquared 0.72% 0.77% 0.74% 0.81%
Sharpe 1.05% 0.68% 1.20% 0.34%
Sortino 1.86% 1.29% 1.98% 0.42%
Treynor 0.15% 0.12% 0.23% 0.07%
Tax Efficiency 86.78% 89.65% 93.77% 89.99%

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) $278

Fund Codes

FundServ Code Load Code Sales Status
MFC4422

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

  • Benoit Gervais
  • Onno Rutten
  • Scott Prieur
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 2.67%
Management Fee 2.00%
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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