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Global Neutral Balanced
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2017
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|
NAVPS (01-17-2025) |
$10.46 |
|---|---|
| Change |
$0.06
(0.55%)
|
As at December 31, 2024
As at October 31, 2024
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Inception Return (December 01, 2014): 4.50%
| 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 | -0.50% | 1.85% | 7.54% | 11.66% | 11.66% | 9.39% | 3.36% | 4.49% | 4.19% | 5.08% | 3.99% | 4.09% | 4.43% | 4.53% |
| Benchmark | 0.17% | 3.26% | 8.97% | 17.48% | 17.48% | 14.55% | 5.06% | 5.42% | 6.53% | 7.47% | 6.77% | 7.00% | 6.48% | 7.49% |
| Category Average | -1.29% | 1.09% | 6.35% | 12.13% | 12.13% | 10.82% | 2.91% | 4.57% | 5.08% | 6.44% | 4.88% | 5.23% | 5.21% | 4.99% |
| Category Rank | 312 / 1,772 | 752 / 1,761 | 548 / 1,756 | 1,238 / 1,725 | 1,238 / 1,725 | 1,382 / 1,672 | 804 / 1,554 | 854 / 1,417 | 1,068 / 1,334 | 1,086 / 1,244 | 917 / 1,122 | 817 / 976 | 671 / 892 | 547 / 783 |
| Quartile Ranking | 1 | 2 | 2 | 3 | 3 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 3 |
| Return % | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.53% | 0.71% | 1.24% | -0.90% | 1.98% | 0.22% | 2.51% | 0.65% | 2.34% | 0.21% | 2.14% | -0.50% |
| Benchmark | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% |
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% | 12.13% |
| Quartile Ranking | 2 | 1 | 4 | 2 | 4 | 4 | 3 | 1 | 4 | 3 |
| Category Rank | 358/ 783 | 174/ 892 | 853/ 976 | 397/ 1,122 | 1,160/ 1,244 | 1,199/ 1,334 | 948/ 1,417 | 249/ 1,554 | 1,436/ 1,672 | 1,238/ 1,725 |
11.66% (2024)
-7.72% (2022)
| Name | Percent |
|---|---|
| US Equity | 28.47 |
| International Equity | 14.18 |
| Canadian Equity | 13.83 |
| Canadian Government Bonds | 9.96 |
| Canadian Corporate Bonds | 9.72 |
| Other | 23.84 |
| Name | Percent |
|---|---|
| Fixed Income | 33.23 |
| Technology | 13.12 |
| Financial Services | 12.69 |
| Cash and Cash Equivalent | 7.74 |
| Healthcare | 4.31 |
| Other | 28.91 |
| Name | Percent |
|---|---|
| North America | 80.32 |
| Europe | 10.78 |
| Asia | 5.90 |
| Latin America | 0.57 |
| Africa and Middle East | 0.25 |
| Other | 2.18 |
| Name | Percent |
|---|---|
| SPDR S&P 500 ETF Trust (SPY) | 23.52 |
| Cash and Cash Equivalents | 4.92 |
| Royal Bank of Canada | 2.17 |
| Gold Bullion | 2.11 |
| Canada Government 3.00% 01-Jun-2034 | 1.63 |
| Bank of Nova Scotia | 1.39 |
| Canada Government 3.25% 01-Dec-2034 | 1.24 |
| Canada Housing Trust No 1 3.50% 15-Dec-2034 | 1.15 |
| Canadian Imperial Bank of Commerce | 1.11 |
| Bank of Montreal | 1.04 |
Mackenzie Monthly Income Balanced Portfolio Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 6.66% | 6.21% | 5.50% |
|---|---|---|---|
| Beta | 0.70% | 0.70% | 0.63% |
| Alpha | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.90% | 0.86% | 0.81% |
| Sharpe | -0.02% | 0.32% | 0.54% |
| Sortino | 0.12% | 0.30% | 0.42% |
| Treynor | 0.00% | 0.03% | 0.05% |
| Tax Efficiency | 83.53% | 88.95% | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.89% | 6.66% | 6.21% | 5.50% |
| Beta | 0.60% | 0.70% | 0.70% | 0.63% |
| Alpha | 0.01% | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.63% | 0.90% | 0.86% | 0.81% |
| Sharpe | 1.74% | -0.02% | 0.32% | 0.54% |
| Sortino | 5.94% | 0.12% | 0.30% | 0.42% |
| Treynor | 0.11% | 0.00% | 0.03% | 0.05% |
| Tax Efficiency | 94.50% | 83.53% | 88.95% | - |
| 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) | $1,377 |
| 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.
| Name | Start Date |
|---|---|
| Nelson Arruda | 02-20-2020 |
| Fund Manager | Mackenzie Financial Corporation |
|---|---|
| Advisor | Mackenzie Financial Corporation |
| Custodian | Canadian Imperial Bank of Commerce |
| Registrar | Mackenzie Financial Corporation |
| Distributor | - |
| Auditor | KPMG LLP |
| 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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