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Canadian Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (04-08-2025) |
$12.88 |
|---|---|
| Change |
-$0.11
(-0.88%)
|
As at March 31, 2025
As at January 31, 2025
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Inception Return (January 14, 2013): 4.67%
| 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 | -1.56% | 1.09% | 2.14% | 1.09% | 8.01% | 8.30% | 4.42% | 4.26% | 7.23% | 4.57% | 4.42% | 4.15% | 5.15% | 4.09% |
| Benchmark | -0.96% | 1.73% | 3.82% | 1.73% | 12.13% | 10.30% | 5.44% | 6.25% | 9.47% | 6.77% | 6.80% | 6.15% | 6.64% | 5.60% |
| Category Average | -1.57% | 1.04% | 2.31% | 1.04% | 8.76% | 8.76% | 4.46% | 4.74% | 7.91% | 5.39% | 5.16% | 4.76% | 5.13% | 4.28% |
| Category Rank | 288 / 445 | 218 / 445 | 298 / 445 | 218 / 445 | 365 / 445 | 345 / 427 | 279 / 408 | 346 / 385 | 334 / 374 | 337 / 363 | 319 / 353 | 294 / 340 | 241 / 328 | 247 / 294 |
| Quartile Ranking | 3 | 2 | 3 | 2 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 3 | 4 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -1.84% | 1.89% | 0.32% | 3.07% | 0.55% | 1.69% | -0.20% | 2.29% | -1.02% | 2.25% | 0.43% | -1.56% |
| Benchmark | -1.88% | 1.52% | 0.56% | 4.19% | 0.91% | 2.55% | -0.02% | 4.18% | -2.03% | 2.42% | 0.29% | -0.96% |
5.81% (November 2020)
-9.23% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -1.82% | 10.72% | 6.45% | -4.01% | 11.78% | 3.14% | 9.18% | -8.11% | 7.27% | 11.41% |
| Benchmark | -3.02% | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% | 13.55% |
| Category Average | 0.06% | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% | 11.70% |
| Quartile Ranking | 4 | 2 | 2 | 3 | 4 | 4 | 4 | 3 | 4 | 4 |
| Category Rank | 223/ 294 | 104/ 327 | 155/ 340 | 191/ 351 | 301/ 361 | 307/ 370 | 336/ 385 | 223/ 405 | 329/ 425 | 342/ 439 |
11.78% (2019)
-8.11% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 30.31 |
| Foreign Corporate Bonds | 19.22 |
| US Equity | 17.86 |
| Canadian Corporate Bonds | 12.06 |
| International Equity | 8.55 |
| Other | 12.00 |
| Name | Percent |
|---|---|
| Fixed Income | 36.91 |
| Financial Services | 15.05 |
| Technology | 8.70 |
| Energy | 7.15 |
| Cash and Cash Equivalent | 5.49 |
| Other | 26.70 |
| Name | Percent |
|---|---|
| North America | 89.40 |
| Europe | 7.66 |
| Asia | 2.71 |
| Latin America | 0.79 |
| Africa and Middle East | 0.11 |
| Other | -0.67 |
| Name | Percent |
|---|---|
| Royal Bank of Canada | 2.42 |
| Mackenzie Global High Yield Fixed Incom ETF (MHYB) | 2.10 |
| CAD Term Deposit #704 | 1.97 |
| Toronto-Dominion Bank | 1.61 |
| Bank of Montreal | 1.58 |
| Microsoft Corp | 1.36 |
| Canadian Natural Resources Ltd | 1.28 |
| Canadian Pacific Kansas City Ltd | 1.27 |
| Apple Inc | 1.16 |
| Enbridge Inc | 1.10 |
IG Mackenzie Strategic Income Fund Series C
Median
Other - Canadian Neutral Balanced
| Standard Deviation | 7.93% | 7.34% | 7.15% |
|---|---|---|---|
| Beta | 0.78% | 0.77% | 0.81% |
| Alpha | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.96% | 0.93% | 0.88% |
| Sharpe | 0.10% | 0.66% | 0.36% |
| Sortino | 0.30% | 0.93% | 0.24% |
| Treynor | 0.01% | 0.06% | 0.03% |
| Tax Efficiency | 81.91% | 87.73% | 78.12% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.58% | 7.93% | 7.34% | 7.15% |
| Beta | 0.73% | 0.78% | 0.77% | 0.81% |
| Alpha | -0.01% | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.91% | 0.96% | 0.93% | 0.88% |
| Sharpe | 0.71% | 0.10% | 0.66% | 0.36% |
| Sortino | 1.58% | 0.30% | 0.93% | 0.24% |
| Treynor | 0.05% | 0.01% | 0.06% | 0.03% |
| Tax Efficiency | 95.98% | 81.91% | 87.73% | 78.12% |
| 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) | $270 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| IGI915 |
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.
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 |
I.G. Investment Management, Ltd. |
|---|---|
| Sub-Advisor |
Mackenzie Financial Corporation
|
| Fund Manager |
I.G. Investment Management, Ltd. |
|---|---|
| Custodian |
Canadian Imperial Bank of Commerce |
| Registrar |
I.G. Investment Management, Ltd. |
| Distributor |
Investors Group Financial Services Inc. Investors Group Securities Inc. |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 0 |
| SWP Min Withdrawal | 100 |
| 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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