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Mackenzie USD Global Strategic Income Fund Series A

Global Neutral Balanced

NAVPS
(04-08-2025)
$8.29
Change
-$0.08 (-0.96%)

As at March 31, 2025

As at January 31, 2025

Period
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Legend

Mackenzie USD Global Strategic Income Fund Series A

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Fund Returns

Inception Return (May 20, 2015): 3.96%

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 -1.81% 1.56% -0.70% 1.56% 6.03% 7.60% 3.08% 2.94% 6.77% 5.14% 4.60% 4.49% 4.62% -
Benchmark -1.64% 0.67% -2.44% 0.67% 5.29% 8.71% 2.98% 2.30% 7.34% 5.34% 4.77% 5.56% 5.81% 5.21%
Category Average -1.86% 0.71% 1.83% 0.71% 8.09% 9.11% 4.88% 4.42% 7.75% 5.33% 5.11% 4.96% 5.42% 4.54%
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund -2.78% 2.41% 1.74% 1.93% 2.26% 1.12% -1.83% 1.78% -2.14% 2.16% 1.24% -1.81%
Benchmark -2.97% 2.55% 1.41% 2.37% 2.28% 2.15% -2.76% 2.18% -2.47% 2.05% 0.29% -1.64%

Best Monthly Return Since Inception

6.09% (November 2020)

Worst Monthly Return Since Inception

-6.47% (September 2022)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - 2.84% 10.44% -7.67% 16.18% 11.89% 6.73% -12.48% 9.48% 8.06%
Benchmark -1.74% 5.51% 16.32% -5.58% 17.91% 13.35% 6.94% -17.27% 14.38% 7.99%
Category Average 2.99% 5.05% 7.69% -3.99% 13.52% 7.16% 9.69% -11.26% 9.53% 12.15%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

16.18% (2019)

Worst Calendar Return (Last 10 years)

-12.48% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 36.01
Foreign Government Bonds 22.19
International Equity 20.57
Foreign Corporate Bonds 7.25
Canadian Corporate Bonds 6.36
Other 7.62

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 38.65
Technology 15.13
Financial Services 9.41
Healthcare 5.83
Consumer Goods 5.57
Other 25.41

Geographic Allocation

Geographic Allocation
Name Percent
North America 65.64
Europe 19.84
Asia 7.75
Multi-National 3.00
Latin America 2.15
Other 1.62

Top Holdings

Top Holdings
Name Percent
Cash and Cash Equivalents 3.90
United States Treasury 3.88% 15-Aug-2034 3.72
Microsoft Corp 2.55
Apple Inc 2.46
United States Treasury 3.50% 15-Feb-2033 2.34
Amazon.com Inc 2.01
JPMorgan Chase & Co 1.83
Meta Platforms Inc Cl A 1.74
Alphabet Inc Cl A 1.58
Mackenzie Global Corporate Fixed Income Fund A 1.51

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Mackenzie USD Global Strategic Income Fund Series A

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 10.70% 9.92% -
Beta 1.11% 1.05% -
Alpha -0.05% -0.01% -
Rsquared 0.83% 0.73% -
Sharpe -0.02% 0.47% -
Sortino 0.08% 0.61% -
Treynor 0.00% 0.04% -
Tax Efficiency 67.52% 88.27% -
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 -

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 6.94% 10.70% 9.92% -
Beta 0.84% 1.11% 1.05% -
Alpha -0.03% -0.05% -0.01% -
Rsquared 0.54% 0.83% 0.73% -
Sharpe 0.31% -0.02% 0.47% -
Sortino 0.64% 0.08% 0.61% -
Treynor 0.03% 0.00% 0.04% -
Tax Efficiency 69.84% 67.52% 88.27% -

Fund Details

Start Date May 20, 2015
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency USD
Distribution Frequency Monthly
Assets ($mil) $76

Fund Codes

FundServ Code Load Code Sales Status
MFC4825
MFC4826
MFC4827

Investment Objectives

The Fund seeks income with the potential for long-term capital growth in U.S. dollars by investing primarily in fixed-income and/or income-oriented equity securities of issuers anywhere in the world.

Investment Strategy

The Fund will pursue a flexible approach to investing in fixed-income and/or equity asset classes anywhere in the world. The Fund will generally invest 30% to 70% of its assets in any one asset class but may invest 0% to 100% of its assets in any one asset class. Allocations between asset classes are based on economic conditions and/or the portfolio managers’ assessment of relative valuations.

Portfolio Management

Portfolio Manager

Mackenzie Financial Corporation

  • Steve Locke
  • Konstantin Boehmer
  • Darren McKiernan
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 100

Fees

MER 2.31%
Management Fee 1.85%
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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