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Mackenzie Maximum Diversification All World Developed Index Fund Series A

Global Equity

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

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Fundata ESG GradeB Click for more information on Fundata’s ESG Grade

Fundata ESG Grade B

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NAVPS
(07-19-2024)
$13.83
Change
-$0.04 (-0.32%)

As at June 30, 2024

As at April 30, 2024

As at February 29, 2024

Period
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Legend

Mackenzie Maximum Diversification All World Developed Index Fund Series A

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Fund Returns

Inception Return (September 08, 2016): 5.05%

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 0.87% 1.94% 11.44% 11.44% 14.27% 11.47% 0.38% 4.13% 4.61% 3.62% 5.12% - - -
Benchmark 2.29% 3.58% 14.22% 14.22% 22.88% 21.25% 8.57% 13.02% 11.56% 10.36% 10.70% 11.80% 10.39% 11.17%
Category Average 1.27% 11.34% 11.34% 11.34% 17.20% 16.55% 5.44% 10.50% 8.86% 8.02% 8.13% 9.02% 7.74% 8.06%
Category Rank 1,441 / 2,083 985 / 2,068 974 / 2,043 974 / 2,043 1,397 / 1,977 1,728 / 1,855 1,597 / 1,673 1,501 / 1,524 1,398 / 1,457 1,210 / 1,285 1,011 / 1,120 - - -
Quartile Ranking 3 2 2 2 3 4 4 4 4 4 4 - - -

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 1.92% -0.07% -4.30% -1.08% 4.38% 1.90% 2.39% 3.40% 3.25% -1.64% 2.75% 0.87%
Benchmark 3.28% -0.19% -4.15% -0.71% 6.95% 2.53% 1.41% 5.64% 2.94% -1.84% 3.15% 2.29%

Best Monthly Return Since Inception

10.12% (April 2020)

Worst Monthly Return Since Inception

-8.73% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - 11.42% -2.63% 16.18% 11.24% 3.49% -11.42% 3.70%
Benchmark 13.97% 16.88% 5.18% 16.29% -1.79% 21.41% 13.15% 17.62% -12.64% 19.37%
Category Average 8.33% 8.98% 3.86% 14.23% -5.38% 19.94% 11.73% 16.21% -13.86% 15.08%
Quartile Ranking - - - 3 2 4 3 4 2 4
Category Rank - - - 737/ 1,052 402/ 1,202 1,099/ 1,406 789/ 1,489 1,585/ 1,609 687/ 1,763 1,912/ 1,924

Best Calendar Return (Last 10 years)

16.18% (2019)

Worst Calendar Return (Last 10 years)

-11.42% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 59.08
International Equity 36.38
Canadian Equity 4.26
Income Trust Units 0.27
Cash and Equivalents 0.02
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Healthcare 25.65
Financial Services 20.24
Technology 15.79
Consumer Goods 12.53
Consumer Services 7.91
Other 17.88

Geographic Allocation

Geographic Allocation
Name Percent
North America 63.36
Europe 19.31
Asia 14.94
Africa and Middle East 1.53
Latin America 0.80
Other 0.06

Top Holdings

Top Holdings
Name Percent
Mackenzie Max Dvf All Wrld Developed Idx ETF (MWD) 99.98
Cash and Cash Equivalents 0.02

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 Maximum Diversification All World Developed Index Fund Series A

Median

Other - Global Equity

3 Yr Annualized

Standard Deviation 10.68% 11.75% -
Beta 0.76% 0.83% -
Alpha -0.06% -0.05% -
Rsquared 0.85% 0.85% -
Sharpe -0.19% 0.26% -
Sortino -0.26% 0.27% -
Treynor -0.03% 0.04% -
Tax Efficiency - 91.31% -
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 8.69% 10.68% 11.75% -
Beta 0.77% 0.76% 0.83% -
Alpha -0.03% -0.06% -0.05% -
Rsquared 0.90% 0.85% 0.85% -
Sharpe 1.02% -0.19% 0.26% -
Sortino 2.10% -0.26% 0.27% -
Treynor 0.12% -0.03% 0.04% -
Tax Efficiency 97.35% - 91.31% -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date September 08, 2016
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $20

Fund Codes

FundServ Code Load Code Sales Status
MFC5056
MFC5057
MFC5058

Investment Objectives

The Fund seeks long-term capital growth by investing in equity securities of global companies. The Fund will invest in a manner that aims to enhance the diversification of its investments. The Fund will pursue this objective by investing all or a portion of its assets in a manner that tracks the TOBAM Maximum Diversification All World Developed Index (the “TOBAM Index”), or a substantially similar index, and may also invest in other securities and/or investment funds.

Investment Strategy

The Fund will generally invest substantially all its assets in a manner that tracks the TOBAM Index. Currently, the Fund intends to track the TOBAM Index by investing in Mackenzie Maximum Diversification All World Developed Index ETF and/or by investing in the constituent securities of the TOBAM Index in approximately the same proportion as they are reflected in the TOBAM Index.

Portfolio Manager(s)

Name Start Date
Eric Ng 07-14-2020

Management and Organization

Fund Manager Mackenzie Financial Corporation
Advisor Mackenzie Financial Corporation
Custodian Canadian Imperial Bank of Commerce
Registrar Mackenzie Financial Corporation
Distributor -
Auditor Deloitte and Touche LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 1.97%
Management Fee 1.55%
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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