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Canadian Fixed Income
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|
NAVPS (05-01-2024) |
$8.87 |
|---|---|
| Change |
$0.04
(0.40%)
|
As at March 31, 2024
As at January 31, 2024
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Inception Return (May 06, 2013): 0.91%
| 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 | 0.46% | -1.29% | 6.14% | -1.29% | 0.72% | -1.41% | -2.89% | -1.50% | -0.69% | -0.06% | 0.06% | 0.42% | 0.19% | 0.93% |
| Benchmark | 0.48% | -1.28% | 6.84% | -1.28% | 1.93% | -0.14% | -1.50% | -0.83% | 0.22% | 1.02% | 1.12% | 1.15% | 1.09% | 2.01% |
| Category Average | 0.52% | 6.86% | 6.86% | -1.11% | 2.05% | -0.60% | -2.10% | -0.66% | -0.15% | 0.47% | 0.49% | 0.61% | 0.47% | 1.18% |
| Category Rank | 522 / 626 | 527 / 622 | 547 / 617 | 527 / 622 | 577 / 605 | 569 / 587 | 545 / 561 | 487 / 532 | 457 / 496 | 431 / 458 | 379 / 423 | 316 / 385 | 302 / 348 | 275 / 321 |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.75% | -1.84% | -0.04% | -0.97% | -0.62% | -2.47% | 0.16% | 3.69% | 3.54% | -1.27% | -0.48% | 0.46% |
| Benchmark | 0.90% | -1.62% | -0.04% | -1.08% | -0.19% | -2.62% | 0.43% | 4.21% | 3.42% | -1.36% | -0.40% | 0.48% |
4.07% (January 2015)
-3.65% (April 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.59% | 1.28% | 2.94% | 1.71% | -0.35% | 5.61% | 8.07% | -3.45% | -12.21% | 4.81% |
| Benchmark | 9.10% | 3.57% | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% |
| Category Average | 7.06% | 1.07% | 1.60% | 1.96% | -0.34% | 6.21% | 8.18% | -2.79% | -12.16% | 6.16% |
| Quartile Ranking | 4 | 4 | 1 | 3 | 4 | 4 | 3 | 4 | 3 | 4 |
| Category Rank | 243/ 313 | 300/ 344 | 64/ 376 | 263/ 421 | 395/ 447 | 389/ 493 | 360/ 523 | 486/ 554 | 379/ 583 | 587/ 599 |
8.07% (2020)
-12.21% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 41.36 |
| Canadian Government Bonds | 31.48 |
| Cash and Equivalents | 11.71 |
| Foreign Corporate Bonds | 7.73 |
| Foreign Government Bonds | 6.28 |
| Other | 1.44 |
| Name | Percent |
|---|---|
| Fixed Income | 87.78 |
| Cash and Cash Equivalent | 11.71 |
| Financial Services | 0.37 |
| Utilities | 0.11 |
| Telecommunications | 0.04 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| North America | 96.17 |
| Latin America | 3.55 |
| Europe | 0.24 |
| Multi-National | 0.01 |
| Asia | -0.01 |
| Other | 0.04 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 5.42 |
| Ontario Province 3.65% 02-Jun-2033 | 4.75 |
| Quebec Province 4.40% 01-Dec-2055 | 4.64 |
| Canada Government 1.75% 01-Dec-2053 | 3.54 |
| Quebec Province 3.60% 01-Sep-2033 | 2.94 |
| United States Treasury 0.50% 15-Apr-2024 | 2.65 |
| Alberta Province 3.10% 01-Jun-2050 | 2.14 |
| Mackenzie Credit Absolute Return Fund Series A | 1.98 |
| Mackenzie Canadian Aggregate Bond Index ETF (QBB) | 1.68 |
| Mexico Government 8.50% 01-Mar-2029 | 1.49 |
Mackenzie Strategic Bond Fund Series A
Median
Other - Canadian Fixed Income
| Standard Deviation | 6.46% | 5.98% | 4.86% |
|---|---|---|---|
| Beta | 0.96% | 0.95% | 0.91% |
| Alpha | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.97% | 0.96% | 0.95% |
| Sharpe | -0.83% | -0.41% | -0.07% |
| Sortino | -1.11% | -0.77% | -0.55% |
| Treynor | -0.06% | -0.03% | 0.00% |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.57% | 6.46% | 5.98% | 4.86% |
| Beta | 0.95% | 0.96% | 0.95% | 0.91% |
| Alpha | -0.01% | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.99% | 0.97% | 0.96% | 0.95% |
| Sharpe | -0.58% | -0.83% | -0.41% | -0.07% |
| Sortino | -0.51% | -1.11% | -0.77% | -0.55% |
| Treynor | -0.04% | -0.06% | -0.03% | 0.00% |
| Tax Efficiency | - | - | - | - |
| Start Date | May 06, 2013 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Partially Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $335 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC4345 | ||
| MFC4346 | ||
| MFC7214 |
The Fund seeks to provide a steady flow of income by investing primarily in Canadian government and corporate fixed-income instruments and asset-backed securities with maturities of more than one year. Preservation of capital is an important factor in the selection of portfolio investments.
The Fund may invest up to 25% of its assets in securities that have a credit rating below “BBB-” as rated by a recognized credit rating organization and intends to maintain an average credit rating of “BBB-” or higher. The Fund may also invest in unrated debt instruments and preferred shares. Portfolio maturities are adjusted to take advantage of different stages in the economic cycle.
| Name | Start Date |
|---|---|
| Steve Locke | 05-06-2013 |
| Dan Cooper | 07-03-2013 |
| Felix Wong | 07-03-2013 |
| Movin Mokbel | 07-03-2013 |
| Konstantin Boehmer | 09-30-2014 |
| Fund Manager | Mackenzie Financial Corporation |
|---|---|
| Advisor | Mackenzie Financial Corporation |
| Custodian | Canadian Imperial Bank of Commerce |
| Registrar | Mackenzie Financial Corporation |
| Distributor | - |
| Auditor | Deloitte LLP |
| 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 |
| MER | 1.78% |
|---|---|
| Management Fee | 1.40% |
| Load | Front Fee Only |
| FE Max | - |
| DSC Max | 5.50% |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | 0.55% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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