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Mackenzie Canadian Money Market Fund Series LB
Canadian Money Market
|
NAVPS (08-14-2026) |
$10.00 |
|---|---|
| Change |
$0.00
(0.03%)
|
As at July 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (December 13, 2013): 1.34%
| 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 | 0.15% | 0.45% | 0.90% | 1.04% | 1.90% | 2.46% | 3.17% | 3.28% | 2.66% | 2.21% | 2.02% | 1.93% | 1.79% | 1.63% |
| Benchmark | 0.19% | 0.56% | 1.12% | 1.30% | 2.31% | 2.78% | 3.50% | 3.64% | 3.02% | 2.53% | 2.33% | 2.25% | 2.11% | 1.95% |
| Category Average | 0.15% | 0.41% | 0.83% | 0.99% | 1.84% | 2.39% | 3.05% | 3.10% | 2.49% | 2.06% | 1.89% | 1.79% | 1.64% | 1.51% |
| Category Rank | 191 / 252 | 187 / 250 | 188 / 250 | 191 / 250 | 186 / 249 | 167 / 239 | 159 / 230 | 131 / 206 | 129 / 198 | 128 / 194 | 118 / 184 | 101 / 169 | 91 / 156 | 85 / 149 |
| Quartile Ranking | 4 | 3 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Monthly Return
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.18% | 0.19% | 0.17% | 0.15% | 0.16% | 0.14% | 0.14% | 0.16% | 0.15% | 0.14% | 0.16% | 0.15% |
| Benchmark | 0.22% | 0.22% | 0.20% | 0.18% | 0.18% | 0.18% | 0.18% | 0.18% | 0.19% | 0.19% | 0.19% | 0.19% |
Best Monthly Return Since Inception
0.41% (January 2024)
Worst Monthly Return Since Inception
0.00% (March 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.16% | 0.36% | 0.99% | 1.27% | 0.36% | 0.00% | 1.44% | 4.33% | 4.24% | 2.32% |
| Benchmark | 0.50% | 0.65% | 1.34% | 1.66% | 0.56% | 0.11% | 1.95% | 4.71% | 4.47% | 2.64% |
| Category Average | 0.24% | 0.35% | 0.69% | 1.20% | 0.45% | -0.11% | 1.13% | 4.06% | 4.01% | 2.32% |
| Quartile Ranking | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 |
| Category Rank | 91/ 144 | 81/ 152 | 100/ 158 | 107/ 173 | 131/ 186 | 160/ 197 | 125/ 200 | 138/ 210 | 163/ 233 | 174/ 242 |
Best Calendar Return (Last 10 years)
4.33% (2023)
Worst Calendar Return (Last 10 years)
0.00% (2021)
Asset Allocation
| Name | Percent |
|---|---|
| Cash and Equivalents | 70.11 |
| Canadian Corporate Bonds | 27.57 |
| Canadian Government Bonds | 2.32 |
Sector Allocation
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 70.11 |
| Fixed Income | 29.89 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.00 |
Top Holdings
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 40.23 |
| The Bank of Nova Scotia F/R 05-Feb-2027 | 4.94 |
| Canadian Imperial Bank of Commerce F/R 19-Mar-2027 | 3.27 |
| Royal Bank of Canada F/R 12-Nov-2026 | 3.14 |
| Royal Bank of Canada 5.34% 23-Jun-2026 | 2.95 |
| Bank of Montreal F/R 21-Jan-2027 | 2.95 |
| AIMCo Realty Investors LP 2.20% 04-Nov-2026 | 2.79 |
| Mercedes-Benz Fin Canada Inc 5.14% 29-Jun-2026 | 2.40 |
| Bank of Montreal F/R 16-Jul-2026 | 2.31 |
| BCI QuadReal Realty 2.55% 24-Jun-2026 | 2.24 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Mackenzie Canadian Money Market Fund Series LB
Median
Other - Canadian Money Market
3 Yr Annualized
| Standard Deviation | 0.34% | 0.45% | 0.45% |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | 0.61 | -0.93 | -2.41 |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 0.05% | 0.34% | 0.45% | 0.45% |
| Beta | - | - | - | - |
| Alpha | - | - | - | - |
| Rsquared | - | - | - | - |
| Sharpe | - | - | - | - |
| Sortino | -3.42 | 0.61 | -0.93 | -2.41 |
| Treynor | - | - | - | - |
| Tax Efficiency | - | - | - | - |
Fund Details
| Start Date | December 13, 2013 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $1,568 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC4455 |
Investment Objectives
The Fund pursues a steady flow of income with reasonable safety of capital and liquidity. The Fund invests mainly in money market securities and bonds issued by Canadian governments and corporations, with maturities of up to one year, and in floating-rate notes and asset-backed securities. Any proposed change in the fundamental investment objectives of the Fund must be approved by a majority of the votes cast at a meeting of the Fund’s investors called for that purpose.
Investment Strategy
The Fund intends to maintain a portfolio whose liquidity, maturity and diversification satisfy all of the legal requirements for money market funds. The Fund intends to maintain a portfolio with a high credit quality. The Fund may, from time to time, invest a portion of its net assets in securities of other money market funds. There will be no duplication of management fees, incentive fees or sales charges between the funds.
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 | - |
| SWP Min Withdrawal | - |
Fees
| MER | 0.74% |
|---|---|
| Management Fee | 0.50% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.25% |
| Trailer Fee Max (LL) | - |
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