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Symmetry Fixed Income Portfolio Series A

Canadian Fixed Income

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(03-07-2025)
$9.64
Change
$0.02 (0.23%)

As at January 31, 2025

As at November 30, 2024

Period
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Legend

Symmetry Fixed Income Portfolio Series A

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Fund Returns

Inception Return (February 12, 2004): 2.29%

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 1.05% 1.72% 2.31% 1.05% 5.32% 3.23% -0.39% -1.40% -0.34% 0.95% 1.13% 1.18% 1.29% 0.96%
Benchmark 1.13% 2.12% 3.40% 1.13% 6.72% 4.38% 0.72% -0.59% 0.32% 1.72% 1.97% 1.96% 1.84% 1.60%
Category Average 1.02% 1.78% 2.90% 1.02% 6.08% 3.86% 0.29% -1.04% 0.02% 1.21% 1.29% 1.29% 1.33% 0.97%
Category Rank 443 / 666 574 / 663 591 / 652 443 / 666 566 / 628 558 / 602 563 / 588 505 / 561 463 / 529 426 / 497 391 / 458 334 / 426 283 / 380 252 / 346
Quartile Ranking 3 4 4 3 4 4 4 4 4 4 4 4 3 3

Monthly Return

Monthly Return
Return % Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
Fund -0.49% 0.71% -2.05% 1.62% 0.98% 2.19% 0.39% 1.78% -1.57% 1.50% -0.82% 1.05%
Benchmark -0.40% 0.48% -1.95% 0.00% 2.98% 2.14% 0.52% 1.82% -1.07% 1.51% -0.52% 1.13%

Best Monthly Return Since Inception

3.90% (November 2023)

Worst Monthly Return Since Inception

-3.83% (April 2022)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 1.06% 2.58% 1.82% 0.39% 6.43% 7.81% -2.62% -12.47% 5.43% 3.03%
Benchmark 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38% 4.10%
Category Average 1.07% 1.60% 1.96% -0.34% 6.21% 8.18% -2.79% -12.16% 6.16% 3.68%
Quartile Ranking 4 1 3 3 2 4 3 4 4 4
Category Rank 313/ 346 88/ 380 245/ 425 270/ 451 233/ 496 415/ 526 282/ 557 444/ 587 546/ 602 572/ 627

Best Calendar Return (Last 10 years)

7.81% (2020)

Worst Calendar Return (Last 10 years)

-12.47% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 36.69
Canadian Government Bonds 23.49
Cash and Equivalents 14.60
Foreign Corporate Bonds 10.50
Foreign Government Bonds 5.38
Other 9.34

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 79.86
Cash and Cash Equivalent 14.61
Financial Services 1.11
Technology 0.69
Mutual Fund 0.54
Other 3.19

Geographic Allocation

Geographic Allocation
Name Percent
North America 90.50
Multi-National 4.34
Asia 1.98
Europe 1.25
Latin America 0.49
Other 1.44

Top Holdings

Top Holdings
Name Percent
Mackenzie US Inv Gra Corp Bond Idx ETF C$Hg (QUIG) 6.49
Mackenzie Core Plus Canadian Fixed Income ETF(MKB) 6.08
Cash and Cash Equivalents 4.93
Mackenzie Enhanced Fixed Income Risk Premia Fund Series R 3.68
Mackenzie Canadian All Corporate Bond Ix ETF (QCB) 3.64
Mackenzie Global Macro Fund Series A 3.24
Ontario Province 4.15% 02-Jun-2034 2.23
Canada Government 3.00% 01-Jun-2034 1.72
Quebec Province 4.40% 01-Dec-2055 1.58
Canada Government 3.25% 01-Dec-2034 1.57

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Symmetry Fixed Income Portfolio Series A

Median

Other - Canadian Fixed Income

3 Yr Annualized

Standard Deviation 7.00% 6.27% 4.89%
Beta 0.98% 0.96% 0.90%
Alpha -0.01% -0.01% 0.00%
Rsquared 0.92% 0.93% 0.91%
Sharpe -0.55% -0.40% -0.12%
Sortino -0.61% -0.65% -0.52%
Treynor -0.04% -0.03% -0.01%
Tax Efficiency - - 4.45%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 4.77% 7.00% 6.27% 4.89%
Beta 0.81% 0.98% 0.96% 0.90%
Alpha 0.00% -0.01% -0.01% 0.00%
Rsquared 0.71% 0.92% 0.93% 0.91%
Sharpe 0.22% -0.55% -0.40% -0.12%
Sortino 0.72% -0.61% -0.65% -0.52%
Treynor 0.01% -0.04% -0.03% -0.01%
Tax Efficiency 69.21% - - 4.45%

Fund Details

Start Date February 12, 2004
Instrument Type Mutual Fund (Wrap Program)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $232

Fund Codes

FundServ Code Load Code Sales Status
MFC1870
MFC1967
MFC3157

Investment Objectives

The Fund seeks to provide investors with a diversified portfolio designed to provide a steady stream of income and some long-term capital appreciation. The Fund seeks to accomplish its objectives by investing primarily in securities of one or more mutual funds to gain exposure to Canadian and foreign fixed-income securities and other asset categories. Preservation of capital is an important factor in the selection of portfolio investments.

Investment Strategy

The Fund will typically allocate substantially all of its investment exposure to fixed income securities, including fixed-income-like securities, such as trusts. The asset allocation portfolio manager employs a disciplined total portfolio management approach to constructing the Fund. The Fund is built upon long term strategic allocations to different fixed income markets and other asset classes.

Portfolio Management

Portfolio Manager

Mackenzie Financial Corporation

  • Andrea Hallett
  • Nelson Arruda
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 5,000
SWP Min Withdrawal 0

Fees

MER 1.28%
Management Fee 1.00%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max 5.50%
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) 0.50%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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