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Mackenzie US Dividend Fund Series A

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U.S. Div & Inc Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade A

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2017

Click for more information on Fundata’s FundGrade

NAVPS
(11-14-2025) 		$19.40
Change
-$0.06 (-0.31%)

As at October 31, 2025

As at August 31, 2025

As at October 31, 2025

Period
Created with Highcharts 10.3.3Jul 2014Apr 2015Jan 2016Oct 2016Jul 2017Apr 2018Jan 2019Oct 2019Jul 2020Apr 2021Jan 2022Oct 2022Jul 2023Apr 2024Jan 2025Oct 2025Jan 2023Apr 2023Oct 2023Jan 2024Jul 2024Oct 2024Apr 2025Jul 2025Jan 2015Jul 2016Jan 2018Jul 2019Jan 2021Jul 2022Jan 2024Jul 2025Jul …$10,000$15,000$20,000$25,000$30,000$9,000$11,000$12,000$13,000$14,000Period

Legend

Mackenzie US Dividend Fund Series A

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Fund Returns

Inception Return (April 23, 2014): 9.52%

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 0.01% 5.01% 10.31% 5.21% 8.59% 16.85% 11.36% 8.19% 11.85% 9.56% 8.80% 7.17% 8.26% 8.91%
Benchmark 3.05% 9.59% 25.45% 14.49% 22.34% 30.15% 23.77% 15.58% 18.85% 17.51% 17.07% 16.09% 16.39% 15.44%
Category Average 0.88% 5.68% 15.05% 9.26% 11.68% - - - - - - - - -
Category Rank 183 / 225 137 / 222 187 / 219 181 / 218 148 / 212 152 / 204 145 / 192 149 / 190 148 / 186 136 / 182 146 / 180 145 / 165 117 / 136 90 / 113
Quartile Ranking 4 3 4 4 3 3 4 4 4 3 4 4 4 4

Monthly Return

Created with Highcharts 10.3.3-10%-5%0%5%10%
Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 4.53% -1.27% 5.06% 0.75% -3.49% -6.64% 2.60% 2.09% 0.29% 2.30% 2.65% 0.01%
Benchmark 6.59% 0.26% 3.46% -1.62% -6.04% -4.57% 5.88% 4.21% 3.75% 1.28% 5.00% 3.05%

Best Monthly Return Since Inception

13.48% (April 2020)

Worst Monthly Return Since Inception

-11.28% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 14.43% 11.79% 13.52% -11.70% 18.54% 4.45% 17.67% -3.14% 5.55% 24.30%
Benchmark 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32% 36.01%
Category Average - - - - - - - - - -
Quartile Ranking 2 3 2 4 3 2 4 3 4 2
Category Rank 41/ 99 76/ 114 35/ 137 164/ 165 113/ 180 75/ 186 170/ 188 102/ 191 149/ 192 95/ 204

Best Calendar Return (Last 10 years)

24.30% (2024)

Worst Calendar Return (Last 10 years)

-11.70% (2018)

Asset Allocation

Asset Allocation
Name Percent
US Equity 93.55
International Equity 5.32
Cash and Equivalents 1.13

Sector Allocation

Sector Allocation
Name Percent
Healthcare 19.47
Consumer Goods 12.39
Industrial Goods 11.42
Technology 10.97
Consumer Services 10.56
Other 35.19

Geographic Allocation

Geographic Allocation
Name Percent
North America 94.68
Europe 5.32

Top Holdings

Top Holdings
Name Percent
Johnson & Johnson 4.53
Exxon Mobil Corp 4.31
Home Depot Inc 3.81
Chevron Corp 3.48
UnitedHealth Group Inc 3.33
Abbvie Inc 3.01
Cisco Systems Inc 2.53
Procter & Gamble Co 2.47
Coca-Cola Co 2.45
Caterpillar Inc 2.23

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)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return9.51010.51111.51212.51313.5140%5%10%15%20%25%

Mackenzie US Dividend Fund Series A

Median

Other - U.S. Div & Inc Equity

3 Yr Annualized

Standard Deviation 9.11% 10.60% 12.72%
Beta 0.66% 0.70% 0.88%
Alpha -0.04% -0.01% -0.04%
Rsquared 0.72% 0.77% 0.78%
Sharpe 0.80% 0.86% 0.59%
Sortino 1.39% 1.38% 0.76%
Treynor 0.11% 0.13% 0.09%
Tax Efficiency 94.99% 93.72% 88.04%
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 11.51% 9.11% 10.60% 12.72%
Beta 0.68% 0.66% 0.70% 0.88%
Alpha -0.06% -0.04% -0.01% -0.04%
Rsquared 0.69% 0.72% 0.77% 0.78%
Sharpe 0.53% 0.80% 0.86% 0.59%
Sortino 0.74% 1.39% 1.38% 0.76%
Treynor 0.09% 0.11% 0.13% 0.09%
Tax Efficiency 82.19% 94.99% 93.72% 88.04%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A93.1​93.185.2​85.20%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A90.4​90.479.1​79.10%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A91.0​91.081.8​81.80%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A95.1​95.188.4​88.40%10%20%30%40%50%60%70%80%90%100%

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.

View the full methodology

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) $96

Fund Codes

FundServ Code Load Code Sales Status
MFC4732
MFC4733

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 Management

Portfolio Manager

Mackenzie Financial Corporation

  • Darren McKiernan
  • Katherine Owen
Sub-Advisor

-

Management and Organization

Fund Manager

Mackenzie Financial Corporation
Custodian

Canadian Imperial Bank of Commerce
Registrar

Mackenzie Financial Corporation
Distributor

-

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 2.37%
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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