Try Fund Library Premium
For Free with a 30 day trial!
Floating Rate Loan
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (11-14-2025) |
$7.90 |
|---|---|
| Change |
-$0.01
(-0.08%)
|
As at October 31, 2025
As at August 31, 2025
Inception Return (July 16, 2014): 2.96%
| 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 | 0.10% | 0.10% | 2.86% | 1.52% | 2.93% | 5.69% | 6.28% | 2.71% | 3.38% | 2.43% | 2.20% | 2.52% | 2.92% | 3.15% |
| Benchmark | -1.40% | 2.32% | 5.75% | 12.15% | 12.10% | 12.91% | 16.35% | 9.38% | 7.79% | 6.82% | 6.25% | 5.32% | 5.49% | 5.74% |
| Category Average | 0.05% | 0.31% | 2.82% | 1.69% | 3.08% | 5.61% | 6.52% | 3.47% | 4.18% | 3.22% | 3.02% | 3.08% | 3.27% | 3.37% |
| Category Rank | 46 / 77 | 52 / 77 | 47 / 77 | 46 / 77 | 49 / 77 | 55 / 77 | 64 / 76 | 66 / 75 | 66 / 75 | 60 / 71 | 58 / 68 | 57 / 67 | 47 / 58 | 42 / 55 |
| Quartile Ranking | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.90% | 0.49% | 0.44% | 0.01% | -0.77% | -0.98% | 1.42% | 0.56% | 0.74% | -0.28% | 0.29% | 0.10% |
| Benchmark | -1.53% | 1.52% | 1.61% | 0.58% | 3.62% | 0.14% | 0.79% | 3.17% | -0.61% | 1.78% | 1.96% | -1.40% |
3.01% (January 2023)
-12.10% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.53% | 9.46% | 5.20% | 1.73% | 4.69% | -1.09% | 3.52% | -6.74% | 9.43% | 7.40% |
| Benchmark | 11.20% | 4.59% | 6.15% | 2.81% | 1.22% | 5.27% | -0.97% | -0.86% | 14.42% | 11.13% |
| Category Average | -0.88% | 8.41% | 4.02% | 0.32% | 6.37% | -0.22% | 4.16% | -4.30% | 9.97% | 6.92% |
| Quartile Ranking | 3 | 2 | 2 | 2 | 3 | 4 | 4 | 4 | 4 | 4 |
| Category Rank | 36/ 54 | 27/ 55 | 23/ 58 | 31/ 67 | 49/ 69 | 58/ 75 | 57/ 75 | 74/ 75 | 58/ 76 | 59/ 77 |
9.46% (2016)
-6.74% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 93.21 |
| Cash and Equivalents | 3.82 |
| Canadian Corporate Bonds | 1.40 |
| Foreign Government Bonds | 0.64 |
| Foreign Bonds - Funds | 0.28 |
| Other | 0.65 |
| Name | Percent |
|---|---|
| Fixed Income | 95.75 |
| Cash and Cash Equivalent | 3.82 |
| Consumer Goods | 0.20 |
| Utilities | 0.15 |
| Financial Services | 0.05 |
| Other | 0.03 |
| Name | Percent |
|---|---|
| North America | 96.80 |
| Europe | 2.98 |
| Multi-National | 0.28 |
| Latin America | 0.02 |
| Name | Percent |
|---|---|
| United States Dollars | 2.29 |
| Timber Servicios Empresariales SA Term Loan B 1st Lien F/R | 1.56 |
| Flynn Restaurant Group LP Term Loan B 1st Lien Senior | 1.40 |
| Albaugh LLC Term Loan B 1st Lien F/R 18-Feb-2029 | 1.24 |
| Natgasoline LLC Term Loan B 1st Lien F/R 24-Mar-2030 | 1.18 |
| Indy US Holdco LLC Term Loan B 1st Lien Senior F/R | 1.14 |
| Nexus Buyer LLC Term Loan B 1st Lien Senior | 1.14 |
| Boots Group Finco LP Term Loan B 1st Lien Senior F/R | 1.11 |
| Neon Maple US Debt Mergersub Inc. Term Loan B1 1st Lien | 1.10 |
| Hunter Douglas Inc. Term Loan B 1st Lien Sr F/R 14-Jan-2032 | 1.00 |
IG Mackenzie Floating Rate Income Fund Series C
Median
Other - Floating Rate Loan
| Standard Deviation | 2.55% | 3.12% | 5.01% |
|---|---|---|---|
| Beta | 0.04% | 0.17% | 0.39% |
| Alpha | 0.06% | 0.02% | 0.01% |
| Rsquared | 0.01% | 0.13% | 0.33% |
| Sharpe | 0.86% | 0.23% | 0.29% |
| Sortino | 2.46% | 0.16% | 0.05% |
| Treynor | 0.53% | 0.04% | 0.04% |
| Tax Efficiency | 31.15% | 2.50% | 12.38% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.37% | 2.55% | 3.12% | 5.01% |
| Beta | -0.11% | 0.04% | 0.17% | 0.39% |
| Alpha | 0.04% | 0.06% | 0.02% | 0.01% |
| Rsquared | 0.07% | 0.01% | 0.13% | 0.33% |
| Sharpe | 0.05% | 0.86% | 0.23% | 0.29% |
| Sortino | -0.05% | 2.46% | 0.16% | 0.05% |
| Treynor | -0.01% | 0.53% | 0.04% | 0.04% |
| Tax Efficiency | - | 31.15% | 2.50% | 12.38% |
| Start Date | July 16, 2014 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $649 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| IGI1449 |
The Fund aims to provide current income by investing primarily in floating rate debt obligations and floating rate debt instruments of issuers located anywhere in the world.
The Fund will invest in a diversified portfolio composed primarily of floating rate debt obligations and floating rate debt instruments of issuers located anywhere in the world. These investments pay interest at variable rates or rates which are reset periodically in reference to a base lending rate. The Fund intends to invest in corporate debt instruments that are rated less than BBB (below traditional investment grade credit ratings).
| Portfolio Manager |
I.G. Investment Management, Ltd. |
|---|---|
| Sub-Advisor |
Mackenzie Financial Corporation
|
| Fund Manager |
I.G. Investment Management, Ltd. |
|---|---|
| Custodian |
Canadian Imperial Bank of Commerce |
| Registrar |
I.G. Investment Management, Ltd. |
| Distributor |
Investors Group Financial Services Inc. Investors Group Securities Inc. |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 15,000 |
| SWP Min Withdrawal | 100 |
| MER | 1.98% |
|---|---|
| Management Fee | 1.60% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.70% |
| Trailer Fee Max (LL) | - |
Try Fund Library Premium
For Free with a 30 day trial!
Fund Library
