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Mackenzie Strategic Income Fund Series LB
Canadian Neutral Balanced
Click for more information on Fundata’s FundGrade
FundGrade C
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade C
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FundGrade A+® Rating Recipient
2012
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|
NAVPS (06-24-2026) |
$15.51 |
|---|---|
| Change |
-$0.03
(-0.17%)
|
As at May 31, 2026
As at March 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (December 12, 2012): 6.13%
| 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 | 2.24% | 1.68% | 6.39% | 6.56% | 15.28% | 12.55% | 11.93% | 8.81% | 6.68% | 8.06% | 6.82% | 6.41% | 5.86% | 6.55% |
| Benchmark | 2.02% | 0.78% | 6.74% | 6.61% | 20.17% | 17.85% | 15.09% | 10.87% | 8.70% | 10.00% | 8.86% | 8.38% | 7.86% | 7.88% |
| Category Average | 2.32% | 1.65% | 5.51% | 5.77% | 14.27% | 12.42% | 11.61% | 8.40% | 6.40% | 7.86% | 6.84% | 6.29% | 5.82% | 5.98% |
| Category Rank | 260 / 461 | 237 / 460 | 193 / 457 | 186 / 457 | 244 / 453 | 303 / 447 | 268 / 429 | 239 / 416 | 270 / 397 | 258 / 373 | 263 / 363 | 257 / 357 | 247 / 345 | 187 / 330 |
| Quartile Ranking | 3 | 3 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.46% | 0.79% | 1.59% | 2.81% | 0.05% | 1.41% | -0.16% | 1.17% | 3.59% | -2.73% | 2.24% | 2.24% |
| Benchmark | 1.62% | 0.59% | 2.90% | 3.78% | 0.87% | 2.24% | 0.12% | 0.74% | 5.01% | -3.27% | 2.12% | 2.02% |
Best Monthly Return Since Inception
5.92% (November 2020)
Worst Monthly Return Since Inception
-8.87% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 11.35% | 7.10% | -3.78% | 12.71% | 4.80% | 9.65% | -7.78% | 8.07% | 12.06% | 10.85% |
| Benchmark | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% | 13.55% | 17.74% |
| Category Average | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% | 11.70% | 11.06% |
| Quartile Ranking | 2 | 2 | 3 | 3 | 4 | 4 | 2 | 3 | 3 | 3 |
| Category Rank | 91/ 328 | 113/ 339 | 181/ 350 | 246/ 360 | 281/ 369 | 326/ 384 | 188/ 407 | 272/ 427 | 303/ 441 | 307/ 447 |
Best Calendar Return (Last 10 years)
12.71% (2019)
Worst Calendar Return (Last 10 years)
-7.78% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 34.78 |
| Foreign Corporate Bonds | 21.42 |
| US Equity | 15.56 |
| Canadian Corporate Bonds | 8.47 |
| International Equity | 8.32 |
| Other | 11.45 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 37.32 |
| Financial Services | 13.89 |
| Energy | 9.38 |
| Technology | 7.27 |
| Basic Materials | 7.19 |
| Other | 24.95 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 88.02 |
| Europe | 6.25 |
| Asia | 2.36 |
| Multi-National | 0.70 |
| Latin America | 0.50 |
| Other | 2.17 |
Top Holdings
| Name | Percent |
|---|---|
| Mackenzie Alternative Enhanced Yield Fund Ser A | 8.16 |
| Mackenzie Global High Yield Fixed Incom ETF (MHYB) | 5.15 |
| Royal Bank of Canada | 2.61 |
| Cash and Cash Equivalents | 2.59 |
| Canada Government 3.25% 01-Jun-2035 | 2.49 |
| Agnico Eagle Mines Ltd | 2.39 |
| Canada Government 2.75% 01-Dec-2055 | 2.07 |
| Canadian Natural Resources Ltd | 1.74 |
| Toronto-Dominion Bank | 1.66 |
| Manulife Financial Corp | 1.38 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Mackenzie Strategic Income Fund Series LB
Median
Other - Canadian Neutral Balanced
3 Yr Annualized
| Standard Deviation | 6.15% | 7.19% | 7.12% |
|---|---|---|---|
| Beta | 0.78 | 0.80 | 0.80 |
| Alpha | 0.00 | 0.00 | 0.00 |
| Rsquared | 0.91% | 0.94% | 0.91% |
| Sharpe | 1.29 | 0.53 | 0.66 |
| Sortino | 2.63 | 0.79 | 0.73 |
| Treynor | 0.10 | 0.05 | 0.06 |
| Tax Efficiency | 90.98% | 84.07% | 86.20% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.67% | 6.15% | 7.19% | 7.12% |
| Beta | 0.76 | 0.78 | 0.80 | 0.80 |
| Alpha | 0.00 | 0.00 | 0.00 | 0.00 |
| Rsquared | 0.92% | 0.91% | 0.94% | 0.91% |
| Sharpe | 2.13 | 1.29 | 0.53 | 0.66 |
| Sortino | 3.80 | 2.63 | 0.79 | 0.73 |
| Treynor | 0.16 | 0.10 | 0.05 | 0.06 |
| Tax Efficiency | 87.68% | 90.98% | 84.07% | 86.20% |
Fundata ESG Metrics
Fundata ESG Score
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Fundata E Score
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Fundata S Score
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Fundata G Score
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
Fund Details
| Start Date | December 12, 2012 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $1,984 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC4453 |
Investment Objectives
The Fund seeks income with the potential for long-term capital growth by investing primarily in fixed-income and/or income-oriented equity securities. Any change to the fundamental investment objectives must be approved by a majority of votes cast at a meeting of investors held for that reason.
Investment Strategy
The Fund will pursue a flexible approach to investing in fixed income and/or equity asset classes with no geographic restriction. The Fund will generally invest 30% to 70% of its assets in any one asset class but may invest 0% to 100% of its assets in any one asset class.
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 | 2.38% |
|---|---|
| Management Fee | 1.85% |
| 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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