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IG Mackenzie Strategic Income Fund Series C

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Canadian Neutral Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(12-20-2024) 		$13.59
Change
$0.05 (0.38%)

As at November 30, 2024

As at September 30, 2024

Period
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Legend

IG Mackenzie Strategic Income Fund Series C

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Fund Returns

Inception Return (January 14, 2013): 4.79%

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 2.29% 3.81% 7.93% 12.56% 15.77% 8.83% 4.31% 5.29% 4.66% 5.20% 4.18% 4.74% 4.98% 4.34%
Benchmark 4.18% 6.83% 12.94% 15.91% 20.18% 10.78% 6.02% 7.13% 6.97% 7.95% 6.55% 6.53% 6.90% 5.99%
Category Average 3.23% 4.88% 9.32% 13.49% 17.15% 9.29% 4.60% 5.81% 5.57% 6.25% 5.00% 5.20% 5.17% 4.71%
Category Rank 449 / 452 436 / 452 435 / 452 403 / 446 410 / 446 335 / 432 358 / 410 346 / 392 347 / 377 356 / 368 338 / 356 304 / 347 278 / 334 262 / 301
Quartile Ranking 4 4 4 4 4 4 4 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 2.85% 0.39% 1.78% 2.05% -1.84% 1.89% 0.32% 3.07% 0.55% 1.69% -0.20% 2.29%
Benchmark 3.69% -0.31% 0.82% 2.49% -1.88% 1.52% 0.56% 4.19% 0.91% 2.55% -0.02% 4.18%

Best Monthly Return Since Inception

5.81% (November 2020)

Worst Monthly Return Since Inception

-9.23% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 4.91% -1.82% 10.72% 6.45% -4.01% 11.78% 3.14% 9.18% -8.11% 7.27%
Benchmark 9.98% -3.02% 11.97% 6.22% -4.30% 15.62% 7.61% 11.90% -8.20% 9.43%
Category Average 7.98% 0.06% 6.65% 5.72% -4.72% 12.57% 6.33% 10.85% -9.35% 8.27%
Quartile Ranking 4 4 2 2 3 4 4 4 3 4
Category Rank 275/ 287 230/ 301 104/ 334 160/ 347 196/ 358 307/ 368 314/ 377 341/ 392 224/ 412 335/ 432

Best Calendar Return (Last 10 years)

11.78% (2019)

Worst Calendar Return (Last 10 years)

-8.11% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 29.42
Foreign Corporate Bonds 17.77
US Equity 16.08
Canadian Corporate Bonds 12.58
International Equity 9.10
Other 15.05

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 36.59
Financial Services 13.89
Technology 7.75
Cash and Cash Equivalent 7.74
Energy 6.86
Other 27.17

Geographic Allocation

Geographic Allocation
Name Percent
North America 87.51
Europe 8.62
Asia 2.36
Latin America 0.94
Africa and Middle East 0.13
Other 0.44

Top Holdings

Top Holdings
Name Percent
CAD Term Deposit #628 2.93
Royal Bank of Canada 2.32
Mackenzie Global High Yield Fixed Incom ETF (MHYB) 2.22
Toronto-Dominion Bank 1.66
Microsoft Corp 1.36
Bank of Montreal 1.29
Canadian Pacific Kansas City Ltd 1.27
Canadian Natural Resources Ltd 1.26
Apple Inc 1.04
Sun Life Financial Inc 1.02

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

IG Mackenzie Strategic Income Fund Series C

Median

Other - Canadian Neutral Balanced

3 Yr Annualized

Standard Deviation 7.94% 8.62% 7.17%
Beta 0.79% 0.80% 0.81%
Alpha 0.00% -0.01% -0.01%
Rsquared 0.95% 0.94% 0.88%
Sharpe 0.12% 0.31% 0.41%
Sortino 0.28% 0.30% 0.29%
Treynor 0.01% 0.03% 0.04%
Tax Efficiency 71.23% 82.09% 77.95%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 4.93% 7.94% 8.62% 7.17%
Beta 0.69% 0.79% 0.80% 0.81%
Alpha 0.02% 0.00% -0.01% -0.01%
Rsquared 0.86% 0.95% 0.94% 0.88%
Sharpe 2.10% 0.12% 0.31% 0.41%
Sortino 5.54% 0.28% 0.30% 0.29%
Treynor 0.15% 0.01% 0.03% 0.04%
Tax Efficiency 95.76% 71.23% 82.09% 77.95%

Fund Details

Start Date January 14, 2013
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $260

Fund Codes

FundServ Code Load Code Sales Status
IGI915

Investment Objectives

The Fund seeks income with the potential for long-term capital growth by investing primarily in fixed income investments and/or securities that pay dividends or other income.

Investment Strategy

The Fund will pursue a flexible approach to investing in fixed income and/or equity asset classes anywhere in the world. Currently, it invests primarily in North America. 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. Allocations between asset classes are based on economic conditions and/or the portfolio managers’ assessment of relative valuations.

Portfolio Manager(s)

Name Start Date
I.G. Investment Management, Ltd. 01-14-2013
William Aldridge 08-31-2022
Darren McKiernan 08-31-2022
Tim Johal 08-31-2022
Konstantin Boehmer 08-31-2022

Management and Organization

Fund Manager I.G. Investment Management, Ltd.
Advisor I.G. Investment Management, Ltd.
Custodian Canadian Imperial Bank of Commerce
Registrar I.G. Investment Management, Ltd.
Distributor Investors Group Financial Services Inc.
Auditor Deloitte LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 0
SWP Min Withdrawal 100

Fees

MER 2.94%
Management Fee 1.95%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.70%
Trailer Fee Max (LL) -

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