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Mackenzie USD Unconstrained Fixed Income Fund Series A

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Multi-Sector Fixed Income

NAVPS
(09-19-2025) 		$8.42
Change
-$0.05 (-0.55%)

As at August 31, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Feb 2025Mar 2025Mar 2025Apr 2025Apr 2025May 2025May 2025Jun 2025Jun 2025Jun 2025Jul 2025Jul 2025Aug 2025Aug 2025Mar 2025Apr 2025May 2025Jun 2025Jun 2025Jul 2025Aug 2025Au…$10,000$10,100$10,200$10,300Period

Legend

Mackenzie USD Unconstrained Fixed Income Fund Series A

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Fund Returns

Inception Return (February 13, 2025): 2.82%

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 0.45% 2.02% 1.94% - - - - - - - - - - -
Benchmark 1.49% 2.73% 5.53% 7.93% 5.18% 7.01% 5.37% -1.03% -0.41% 0.68% 1.74% 1.39% 1.53% 2.24%
Category Average 0.90% 2.41% 2.25% 4.01% 4.16% 6.06% - - - - - - - -
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-4%-3%-2%-1%0%1%2%3%
Monthly Return
Return % Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
Fund - - - - - - -0.63% 0.20% 0.34% 1.28% 0.28% 0.45%
Benchmark 1.73% -2.76% 0.51% -1.99% 0.70% 1.56% 0.46% 2.24% 0.01% 2.14% -0.90% 1.49%

Best Monthly Return Since Inception

1.28% (June 2025)

Worst Monthly Return Since Inception

-0.63% (March 2025)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-15%-10%-5%0%5%10%15%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - - -
Benchmark -3.16% 4.92% 8.35% -2.30% 9.55% 9.27% -3.49% -16.35% 8.15% 0.63%
Category Average - - - - - - - - - 3.89%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

-

Worst Calendar Return (Last 10 years)

-

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 42.70
Canadian Corporate Bonds 21.01
Foreign Government Bonds 18.01
Cash and Equivalents 10.40
Canadian Government Bonds 3.75
Other 4.13

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 87.16
Cash and Cash Equivalent 10.40
Mutual Fund 0.94
Utilities 0.56
Consumer Goods 0.46
Other 0.48

Geographic Allocation

Geographic Allocation
Name Percent
North America 85.61
Europe 3.60
Latin America 3.54
Asia 2.21
Multi-National 0.94
Other 4.10

Top Holdings

Top Holdings
Name Percent
Cash and Cash Equivalents 8.00
United States Treasury 4.25% 15-May-2035 3.39
Mackenzie Floating Rate Income ETF (MFT) 3.16
Canada Government 3.50% 01-Sep-2029 2.42
Mackenzie Canadian All Corporate Bond Ix ETF (QCB) 1.80
United States Treasury 4.63% 15-Feb-2055 1.67
United States Treasury 3.50% 15-Feb-2033 1.66
Brazil Government 10.00% 01-Jan-2027 1.60
United Kingdom Government 0.88% 31-Jul-2033 1.28
United States Treasury 2.38% 15-Feb-2055 1.22

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: M.

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date February 13, 2025
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Partially Open
Currency USD
Distribution Frequency Monthly
Assets ($mil) $22

Fund Codes

FundServ Code Load Code Sales Status
MFC4841
MFC4842

Investment Objectives

The Fund aims to provide a positive total return over a market cycle in U.S. dollars, regardless of market conditions, by investing primarily in fixed-income securities of issuers anywhere in the world and derivative instruments.

Investment Strategy

The Fund’s investments may include investment-grade bonds; lower quality fixed-income investments, which may include instruments that have a weighted average credit quality below investment grade (rated below “BBB-” by a recognized credit rating organization) or that are unrated; mortgage- and asset-backed securities; preferred shares; floating-rate debt instruments and other floating securities.

Portfolio Management

Portfolio Manager

Mackenzie Financial Corporation

  • Felix Wong
  • Konstantin Boehmer
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 1.91%
Management Fee 1.10%
Load Front Fee Only
FE Max -
DSC Max 5.50%
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) 0.50%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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