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Global Neutral Balanced
Click for more information on Fundata’s FundGrade.
NAVPS (07-29-2025) |
$10.44 |
---|---|
Change |
$0.02
(0.19%)
|
As at June 30, 2025
As at April 30, 2025
Inception Return (December 01, 2014): 4.48%
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 | 1.12% | 1.36% | 2.03% | 2.03% | 9.73% | 8.90% | 7.66% | 4.00% | 4.99% | 4.33% | 4.19% | 4.07% | 4.43% | 4.41% |
Benchmark | 2.53% | 2.76% | 3.35% | 3.35% | 12.62% | 13.35% | 12.58% | 5.72% | 6.67% | 6.88% | 6.64% | 6.83% | 7.12% | 7.01% |
Category Average | 1.87% | 2.93% | 3.65% | 3.65% | 10.26% | 10.24% | 9.45% | 4.13% | 6.33% | 5.50% | 5.32% | 5.21% | 5.52% | 4.98% |
Category Rank | 1,597 / 1,785 | 1,446 / 1,739 | 1,451 / 1,737 | 1,451 / 1,737 | 1,139 / 1,718 | 1,332 / 1,651 | 1,430 / 1,591 | 948 / 1,447 | 1,107 / 1,321 | 1,075 / 1,263 | 965 / 1,137 | 857 / 1,014 | 755 / 918 | 586 / 798 |
Quartile Ranking | 4 | 4 | 4 | 4 | 3 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 3 |
Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 2.51% | 0.65% | 2.34% | 0.21% | 2.14% | -0.50% | 2.19% | 0.00% | -1.51% | -1.29% | 1.55% | 1.12% |
Benchmark | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% | -2.19% | 2.47% | 2.53% |
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/ 762 | 175/ 869 | 826/ 948 | 393/ 1,087 | 1,122/ 1,204 | 1,160/ 1,295 | 916/ 1,381 | 255/ 1,523 | 1,398/ 1,630 | 1,201/ 1,682 |
11.66% (2024)
-7.72% (2022)
Name | Percent |
---|---|
US Equity | 26.80 |
International Equity | 14.49 |
Canadian Equity | 13.30 |
Canadian Government Bonds | 10.83 |
Canadian Corporate Bonds | 9.86 |
Other | 24.72 |
Name | Percent |
---|---|
Fixed Income | 35.53 |
Financial Services | 12.80 |
Technology | 11.89 |
Cash and Cash Equivalent | 7.47 |
Consumer Services | 4.49 |
Other | 27.82 |
Name | Percent |
---|---|
North America | 78.99 |
Europe | 10.24 |
Asia | 6.16 |
Multi-National | 1.13 |
Latin America | 0.56 |
Other | 2.92 |
Name | Percent |
---|---|
Mackenzie Global Equity Income Fund Series R | 56.17 |
Mackenzie Unconstrained Fixed Income Fund A | 18.78 |
Mackenzie Canadian Bond Fund Series A | 13.77 |
Mackenzie Sovereign Bond Fund Series R | 8.08 |
Mackenzie Gold Bullion Fund Series A | 2.09 |
Mackenzie Global Inflation-Linked Fund - Series R | 1.11 |
Mackenzie Monthly Income Balanced Portfolio Series A
Median
Other - Global Neutral Balanced
Standard Deviation | 6.07% | 5.85% | 5.42% |
---|---|---|---|
Beta | 0.73% | 0.68% | 0.66% |
Alpha | -0.01% | 0.00% | 0.00% |
Rsquared | 0.91% | 0.87% | 0.81% |
Sharpe | 0.59% | 0.44% | 0.50% |
Sortino | 1.27% | 0.53% | 0.39% |
Treynor | 0.05% | 0.04% | 0.04% |
Tax Efficiency | 92.33% | 90.24% | - |
Volatility |
|
|
|
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 4.91% | 6.07% | 5.85% | 5.42% |
Beta | 0.70% | 0.73% | 0.68% | 0.66% |
Alpha | 0.01% | -0.01% | 0.00% | 0.00% |
Rsquared | 0.91% | 0.91% | 0.87% | 0.81% |
Sharpe | 1.24% | 0.59% | 0.44% | 0.50% |
Sortino | 2.61% | 1.27% | 0.53% | 0.39% |
Treynor | 0.09% | 0.05% | 0.04% | 0.04% |
Tax Efficiency | 93.81% | 92.33% | 90.24% | - |
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) | $1,439 |
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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