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Global Neutral Balanced
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2017
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|
NAVPS (08-12-2025) |
$10.52 |
|---|---|
| Change |
$0.03
(0.24%)
|
As at July 31, 2025
As at May 31, 2025
Inception Return (December 01, 2014): 4.51%
| 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 | 0.73% | 3.44% | 0.57% | 2.78% | 7.82% | 8.84% | 6.87% | 3.86% | 4.87% | 4.41% | 4.19% | 4.32% | 4.25% | 4.28% |
| Benchmark | 1.48% | 6.62% | 2.10% | 4.88% | 10.66% | 13.20% | 11.58% | 5.69% | 6.45% | 7.05% | 6.81% | 7.24% | 6.89% | 6.68% |
| Category Average | 0.83% | 5.39% | 1.91% | 4.51% | 8.17% | 10.08% | 8.17% | 4.05% | 5.88% | 5.59% | 5.32% | 5.40% | 5.31% | 4.86% |
| Category Rank | 1,180 / 1,788 | 1,634 / 1,784 | 1,364 / 1,738 | 1,457 / 1,738 | 1,120 / 1,722 | 1,331 / 1,656 | 1,335 / 1,598 | 970 / 1,454 | 1,053 / 1,329 | 1,078 / 1,275 | 975 / 1,149 | 865 / 1,031 | 758 / 925 | 591 / 825 |
| Quartile Ranking | 3 | 4 | 4 | 4 | 3 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 3 |
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.65% | 2.34% | 0.21% | 2.14% | -0.50% | 2.19% | 0.00% | -1.51% | -1.29% | 1.55% | 1.12% | 0.73% |
| Benchmark | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% | -2.19% | 2.47% | 2.53% | 1.48% |
4.03% (January 2015)
-4.25% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 5.43% | 7.14% | 4.85% | -2.31% | 9.64% | 2.97% | 7.94% | -7.72% | 7.18% | 11.66% |
| Benchmark | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% |
| Category Average | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% |
| Quartile Ranking | 2 | 1 | 4 | 2 | 4 | 4 | 3 | 1 | 4 | 3 |
| Category Rank | 356/ 763 | 175/ 870 | 825/ 948 | 393/ 1,087 | 1,122/ 1,204 | 1,160/ 1,294 | 916/ 1,380 | 254/ 1,522 | 1,400/ 1,630 | 1,203/ 1,683 |
11.66% (2024)
-7.72% (2022)
| Name | Percent |
|---|---|
| US Equity | 27.12 |
| International Equity | 14.47 |
| Canadian Equity | 13.80 |
| Canadian Government Bonds | 10.59 |
| Canadian Corporate Bonds | 9.74 |
| Other | 24.28 |
| Name | Percent |
|---|---|
| Fixed Income | 34.46 |
| Financial Services | 13.35 |
| Technology | 12.90 |
| Cash and Cash Equivalent | 7.71 |
| Consumer Services | 4.55 |
| Other | 27.03 |
| Name | Percent |
|---|---|
| North America | 79.31 |
| Europe | 9.97 |
| Asia | 6.12 |
| Multi-National | 1.22 |
| Latin America | 0.55 |
| Other | 2.83 |
| Name | Percent |
|---|---|
| Mackenzie Global Equity Income Fund Series R | 56.69 |
| Mackenzie Unconstrained Fixed Income Fund A | 18.63 |
| Mackenzie Canadian Bond Fund Series A | 13.64 |
| Mackenzie Sovereign Bond Fund Series R | 7.95 |
| Mackenzie Gold Bullion Fund Series A | 1.99 |
| Mackenzie Global Inflation-Linked Fund - Series R | 1.10 |
Mackenzie Monthly Income Balanced Portfolio Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 5.91% | 5.83% | 5.40% |
|---|---|---|---|
| Beta | 0.73% | 0.68% | 0.66% |
| Alpha | -0.01% | 0.00% | 0.00% |
| Rsquared | 0.90% | 0.87% | 0.82% |
| Sharpe | 0.48% | 0.41% | 0.48% |
| Sortino | 1.07% | 0.50% | 0.36% |
| Treynor | 0.04% | 0.04% | 0.04% |
| Tax Efficiency | 91.57% | 89.90% | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.54% | 5.91% | 5.83% | 5.40% |
| Beta | 0.69% | 0.73% | 0.68% | 0.66% |
| Alpha | 0.01% | -0.01% | 0.00% | 0.00% |
| Rsquared | 0.89% | 0.90% | 0.87% | 0.82% |
| Sharpe | 0.98% | 0.48% | 0.41% | 0.48% |
| Sortino | 1.89% | 1.07% | 0.50% | 0.36% |
| Treynor | 0.06% | 0.04% | 0.04% | 0.04% |
| Tax Efficiency | 92.38% | 91.57% | 89.90% | - |
| Start Date | December 01, 2014 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $1,452 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC4777 | ||
| MFC4778 | ||
| MFC4779 |
The Fund seeks to provide investors with a diversified portfolio designed to provide a balance of income and long-term capital appreciation with reduced volatility. The Fund will pursue this objective by investing in other mutual funds and/or by investing in securities directly to gain exposure to Canadian and foreign fixed-income and equity securities and other asset categories. It may also use derivatives.
The Fund’s current asset mix is 57% equity and 42% fixed-income assets. The Fund will also allocate a small portion of its portfolio to cash and/or commodities. The strategic long-term asset mix may change in reaction to, or in anticipation of, market changes. However, it will generally be kept within the following ranges: 40-60% equity securities; 25-60% fixed-income securities. In addition to fixed income and equity exposures, the Fund may also invest in other asset classes.
| Portfolio Manager |
Mackenzie Financial Corporation
|
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
Mackenzie Financial Corporation |
|---|---|
| Custodian |
Canadian Imperial Bank of Commerce |
| Registrar |
Mackenzie Financial Corporation |
| Distributor |
- |
| 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 |
| MER | 2.15% |
|---|---|
| Management Fee | 1.70% |
| 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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