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Mackenzie Monthly Income Balanced Portfolio Series A

Global Neutral Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2017

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

Period
Created with Highcharts 10.3.3Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jan 2016Jan 2018Jan 2020Jan 2022Jan 2024$10,000$12,000$14,000$16,000$18,000$9,000$11,000$13,000Period

Legend

Mackenzie Monthly Income Balanced Portfolio Series A

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Fund Returns

Inception Return (December 01, 2014): 4.48%

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 1.12% 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

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%
Monthly Return
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%

Best Monthly Return Since Inception

4.03% (January 2015)

Worst Monthly Return Since Inception

-4.25% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
Calendar Return
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

Best Calendar Return (Last 10 years)

11.66% (2024)

Worst Calendar Return (Last 10 years)

-7.72% (2022)

Asset Allocation

Asset Allocation
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

Sector Allocation

Sector Allocation
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

Geographic Allocation

Geographic Allocation
Name Percent
North America 78.99
Europe 10.24
Asia 6.16
Multi-National 1.13
Latin America 0.56
Other 2.92

Top Holdings

Top Holdings
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

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return012345678910111213140%5%10%15%20%

Mackenzie Monthly Income Balanced Portfolio Series A

Median

Other - Global Neutral Balanced

3 Yr Annualized

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 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
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% -

Fund Details

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

Fund Codes

FundServ Code Load Code Sales Status
MFC4777
MFC4778
MFC4779

Investment Objectives

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.

Investment Strategy

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 Management

Portfolio Manager

Mackenzie Financial Corporation

  • 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 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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