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Mackenzie US Dividend Fund Series A

U.S. Div & Inc Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

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Fundata ESG GradeA Click for more information on Fundata’s ESG Grade

Fundata ESG Grade A

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2017

Click for more information on Fundata’s FundGrade

NAVPS
(06-14-2024)
$17.59
Change
-$0.03 (-0.15%)

As at May 31, 2024

As at February 29, 2024

As at February 29, 2024

Period
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Legend

Mackenzie US Dividend Fund Series A

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Fund Returns

Inception Return (April 23, 2014): 8.98%

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 2.10% 1.84% 9.20% 9.38% 16.67% 9.08% 7.03% 9.97% 8.64% 6.38% 5.21% 7.32% 7.67% 8.91%
Benchmark 4.13% 4.42% 16.83% 14.76% 28.51% 19.27% 14.11% 16.24% 15.99% 14.69% 13.97% 14.82% 13.94% 15.30%
Category Average 2.98% - - - - - - - - - - - - -
Category Rank 192 / 229 206 / 228 191 / 228 152 / 228 177 / 224 151 / 217 156 / 213 186 / 211 162 / 197 160 / 172 143 / 147 117 / 129 91 / 108 68 / 83
Quartile Ranking 4 4 4 3 4 3 3 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 2.63% 1.27% 0.72% -3.20% 0.81% 4.59% -0.17% 2.19% 5.10% 2.40% -2.59% 2.10%
Benchmark 3.76% 2.72% 1.05% -4.85% 0.44% 6.86% 1.80% 3.00% 6.70% 3.07% -2.70% 4.13%

Best Monthly Return Since Inception

13.48% (April 2020)

Worst Monthly Return Since Inception

-11.28% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - 14.43% 11.79% 13.52% -11.70% 18.54% 4.45% 17.67% -3.14% 5.55%
Benchmark 24.19% 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32%
Category Average - - - - - - - - - -
Quartile Ranking - 2 3 1 4 3 2 4 2 4
Category Rank - 40/ 101 79/ 119 35/ 142 169/ 170 123/ 196 77/ 211 196/ 213 106/ 216 168/ 217

Best Calendar Return (Last 10 years)

18.54% (2019)

Worst Calendar Return (Last 10 years)

-11.70% (2018)

Asset Allocation

Asset Allocation
Name Percent
US Equity 91.43
International Equity 8.59
Cash and Equivalents -0.02

Sector Allocation

Sector Allocation
Name Percent
Technology 27.02
Consumer Services 13.39
Financial Services 12.06
Healthcare 11.91
Energy 6.90
Other 28.72

Geographic Allocation

Geographic Allocation
Name Percent
North America 91.41
Europe 8.59

Top Holdings

Top Holdings
Name Percent
Microsoft Corp 9.37
Amazon.com Inc 5.60
Visa Inc Cl A 4.02
Abbvie Inc 3.44
Alphabet Inc Cl A 3.40
McKesson Corp 3.09
Broadcom Inc 3.09
JPMorgan Chase & Co 2.86
Ferguson PLC 2.65
Meta Platforms Inc Cl A 2.60

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Mackenzie US Dividend Fund Series A

Median

Other - U.S. Div & Inc Equity

3 Yr Annualized

Standard Deviation 10.35% 13.66% 12.91%
Beta 0.65% 0.85% 0.90%
Alpha -0.02% -0.04% -0.04%
Rsquared 0.84% 0.78% 0.80%
Sharpe 0.43% 0.53% 0.62%
Sortino 0.66% 0.72% 0.76%
Treynor 0.07% 0.08% 0.09%
Tax Efficiency 91.28% 93.80% -
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.60% 10.35% 13.66% 12.91%
Beta 0.71% 0.65% 0.85% 0.90%
Alpha -0.03% -0.02% -0.04% -0.04%
Rsquared 0.95% 0.84% 0.78% 0.80%
Sharpe 1.28% 0.43% 0.53% 0.62%
Sortino 2.87% 0.66% 0.72% 0.76%
Treynor 0.16% 0.07% 0.08% 0.09%
Tax Efficiency 99.99% 91.28% 93.80% -

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 April 23, 2014
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $77

Fund Codes

FundServ Code Load Code Sales Status
MFC4732
MFC4733
MFC4734
MFC7231

Investment Objectives

The Fund seeks long-term capital growth and current income by investing primarily in U.S. equity securities that pay, or may be expected to pay, dividends. The Fund may also invest in other types of securities that distribute, or may be expected to distribute, income. 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 investment approach follows a disciplined investment process to construct a portfolio of attractively valued companies that combines above-average yield with the potential for growth. Stock selection is the primary contributor to value added, with attention paid to both upside potential and downside risk. Sector allocation is employed to manage overall portfolio risk.

Portfolio Manager(s)

Name Start Date
Darren McKiernan 04-08-2014
Katherine Owen 09-22-2022

Management and Organization

Fund Manager Mackenzie Financial Corporation
Advisor Mackenzie Financial Corporation
Custodian Canadian Imperial Bank of Commerce
Registrar Mackenzie Financial Corporation
Distributor -
Auditor Deloitte LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 2.36%
Management Fee 1.85%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max 5.50%
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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